Overseas Property Investment

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

Townships as a fully evolved and implemented concept are still a rarity in India. Apart from the Hiranandani project in Powai, Mumbai and Magarapatta City in Pune, there have been no instances of full-fledged townships being launched in the formal configuration. While it is true that seven real estate groups have come together for developing [...]

PROPERTY developer IJM Land Bhd remains optimistic over demand for its Penang projects this year, as it continues to unveil new offerings within its “The Light” waterfront project on the island.
“The fact that our site is protected from tsunamis is yet another advantage,” said its managing director Datuk Soam Heng Choon.

Several parts of Malaysia, including [...]

It’s a new year and many folks would be wishing for a speedy recovery of the global and national economy to promote greater wealth and job creation for the people.
It has been a dizzying past two years and many lessons that can be learned from the challenges that have unfolded – the latest being Dubai.
The [...]

The construction sector is expected to peak between the third and fourth quarter of this year on the anticipation of a full rollout of three mega projects, says HwangDBS Vickers Research.
The mega projects are the RM2 billion Low Cost Carrier Terminal, to be sited about two kilometres from the KL International Airport in Sepang, Pahang-selangor [...]

Fireworks light up, Burj Khalifa , the world’s tallest building during the official opening ceremony in Dubai, United Arab Emirates, Monday. (AP Photo/Kamran Jebreili)
DUBAI, United Arab Emirates: Dubai opened the world’s tallest skyscraper Monday in a blaze of fireworks, then added a final flourish: It renamed the tower for the head of neighboring Abu Dhabi, [...]

The world’s tallest building – AP
DUBAI: Dubai is set to open the world’s tallest building amid tight security on Monday, celebrating the tower as a bold feat on the world stage despite the city state’s shaky financial footing.
But the final height of the Burj Dubai – Arabic for Dubai Tower _ remained a closely guarded [...]

Permodalan Nasional Bhd has purchased the 22-storey Kenanga International Building in Kuala Lumpur from Injaz AsiaEquity Property
Permodalan Nasional Bhd (PNB) has bought the Kenanga International Building on Jalan Sultan Ismail, Kuala Lumpur, for an estimated RM250 million, sources say.
The 22-storey commercial building with a three-and-a-half- storey annexed podium block was purchased from Injaz AsiaEquity Property [...]

Emphasis on property management and maintenance is expected to lift the property care services industry going forward.
Property care services is relatively small in Malaysia but it is a growing sector as owners and tenants put more emphasis on property management and maintenance.
Property Care Services (PCS) International managing director Arnaud Bialecki says property maintenance adds value [...]

AMRITSAR: DHFL, one of the largest and the second oldest housing finance institution in India, announced the ‘DHFL Easy Easy Loan‘scheme for home buyers across India and the NRI (Non Resident Indian) customers in the Middle East and UK.
In a release issued here on Thursday, ‘DHFL Easy Easy Loan’ scheme will offer all new DHFL [...]

JOHOR BARU: Iskandar Malaysia authorities are optimistic that the special economic corridor will continue to attract both local and foreign investors and remain an attractive investment destination despite negative media reports.

An aerial view of the ongoing coastal highway linking Johor Baru City Centre in Nusajaya.Inset:Harun Johari.
Nevertheless, outgoing Iskandar Regional Development Authority (Irda) chief executive officer [...]