Overseas Property Investment

The most recent malaysian property investment news from a variety of international property news sources.

Malaysia’s Mah Sing Group Bhd aims for property sales to climb 39 per cent to RM1 billion (US$292 million) this year as an economic recovery spurs home purchases in the Southeast Asian nation.
The nation’s fifth-largest property developer sold RM720 million worth of properties last year, beating a target of RM453 million, managing director Leong Hoy [...]

KUALA LUMPUR: Sunrise Bhd wants to expand into markets where there aren’t many Malaysian developers, said executive chairman Datuk Tong Kooi Ong.
“Every Tom, Dick and Harry has gone to Vietnam. There are (other) countries that have a lot of potential … where there aren’t many Malaysian players,” he said at an analyst briefing yesterday when [...]

KUALA LUMPUR: Property prices in Malaysia are forecast to increase by 5% to 10% this year against last year in line with the recovering economy.
Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia president James Wong said the market did not expect a big jump in property prices this [...]

The Malaysian property market, estimated to have registered transactions worth RM75.42 billion last year, is expected to improve further in 2010 in line with the economic recovery.
The transactions involved 337,990 properties as compared with the 340,240 valued at RM88.34 billion in 2008, said the director general of Valuation and Property Services Department, Finance Ministry, Datuk [...]

Datuk Seri Ahmad Husni Mohamad Hanadzlah hitting the gong to mark the opening of MAREC. With him are Loke Fu Wah (left) and Julie Wong.
KUALA LUMPUR: The Malaysian Institute of Estate Agents (MIEA) wants to introduce more education and development courses to enhance the standard of real estate agents in the country, said president Julie [...]

KUALA LUMPUR: Naza Group, Malaysia’s biggest luxury vehicle importer, has lined up RM6.4bil of property projects this year and is in talks for its first overseas real estate foray in China.
The company, picked by Peugeot Automobiles this month to lead its expansion in South-East Asia, aims to more than double its property unit’s revenue to [...]

Plans for deregulation and transparency in Malaysia’s real estate market demonstrate the government’s recognition of the value of foreign investors, with key developers keeping projects on pace and making the most of discount deals. While property prices in Malaysia fell nearly 10% in 2009, that trend…

The Malaysian Institute of Estate Agents (MIEA) has been organising its yearly Malaysian Annual Real Estate Convention for more than 10 years now, with its latest instalment in 2010 (popularly known as MAREC 10) scheduled on Jan 23 and 24 at the Putra World Trade Centre in Kuala Lumpur.
Estate agents and other property professionals throughout [...]

The luxury condominium project in Penang will boast the region’s first private waterpark within a gated community.
An international marina, premium water-taxi service, upscale food and retail outlets and commanding views of the Andaman Sea are among the attractions property developer E&O Property Development Bhd will offer potential buyers at its RM1.8 billion Quayside Seafront Resort [...]

Confidence in the local property scene is high with strong purchasing intention at 85.3 per cent over the next 12 months, according to top property website, iProperty.com.
In its survey, the website said that 29.5 per cent of Malaysians were still looking for their first purchase and 36 per cent had owned at least two properties.
“Despite [...]