News: middle east property investment

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

Dijaya, IWSB in Danga Bay venture

Property developers Dijaya Corp Bhd and Iskandar Water Front Sdn Bhd (IWSB) will jointly develop two parcels of prime waterfront land at Danga Bay, Johor Baru, into a mixed development project that carries a gross value of RM3.8 billion over the next 12 years. Goldhill Quest Sdn Bhd – a 60:40 joint-venture between Nagasari Cerdas [...]

VPC sets eyes on UK and Mideast markets

KUALA LUMPUR: VPC Asia Pacific Ltd, a regional grouping of international property consultants, is looking to expand its property valuation practices to Britain and the Middle East via its partnership with Britain-based Cluttons LLP, a leading chartered surveying firm, according to regional chairman James Wong. James Wong (extreme left) shakes hands and exchanges documents with [...]

Bandar Raya takes over as UEM partner

Bandar Raya Developments Bhd, a Malaysian developer, said it will replace Dubai World’s Limitless Holdings Pte Ltd as UEM Land Bhd’s partner for a residential project in the country’s southern Johor state. It will buy Limitless’s 60 per cent stake in Haute Property Sdn for a nominal sum and reimburse the Middle East company RM76 [...]

Could Bahrain be the Next Dubai?

Bahrain is being noticed as one of the best property markets in the Middle East for foreign investment. The Middle East is a surprisingly popular property investment and relocation destination because of the wealth and job opportunities. Dubai was the number one spot for this before the crash, but now people are being put off [...]

South London Real Estate Attracting New Wave Of Investors

Low-maintenance living and cultural riches make London appealing to the new wave of empty-nesters. Once overshadowed by prime locales in Central and West London, the city’s South Bank is also becoming a favorite of overseas investors — especially from the Middle East. See the following article…

Inno Real Estate launches Inno GeoCity in Chennai

Inno Real Estate, a division of Inno, a global investment group focused on Indian real estate with operations in Europe, Middle East and India, launched its flagship residential project, Inno GeoCity, in Oragadam near Chennai. Addressing presspersons here on Monday, Group Managing Director Rajamannar Ramaswamy said GeoCity was Inno’s first own development project. The group [...]

Rahsia Estates plans high-end developments

PROPERTY developer Rahsia Estates Sdn Bhd, a subsidiary of Riverbank Suites Sdn Bhd, has chosen Langkawi for its newest project called Rahsia Estates Residences & Spa Langkawi. Group Chief Executive Officer Hanizah Tun Abdul Hamid said the gross development value would be approximately RM250 million while the total cost RM180 million. “It will be parceled [...]

‘City of Malaysia’ to rise from Sg Besi airport site

The Sungai Besi airport in Kuala Lumpur will be developed into a green mixed-use development, which will feature a commercial hub. Defence Minister Datuk Seri Ahmad Zahid Hamidi said the new development area will be known as “City of Malaysia” and will be jointly developed by Middle Eastern investors including the Qatar Investment Authority and [...]

Saudi Arabia Ranked As Best Real Estate Market In Middle East By Investors

The Saudi Arabian property market earned high marks in a recent poll of investors — owing to government stabilizing measures and expectations of continued strong returns. While a large majority of those surveyed are confident in a Saudi recovery before 2011, investor sentiment was much weaker…

China’s housing market: Boom or bubble?

Enormous investment opportunities lay in the emerging superpower, says Cityscape Asia 2010 China holds enormous opportunities for investment as its economy surges, say leading economists and investment experts at Cityscape Asia 2010 in Singapore yesterday. Speaking at a keynote session on evaluating the economic outlook for China 2010 and beyond, David Wong, Chief Economist at [...]