Overseas Property Investment

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

BALI ” In a further boost to confidence in Bali, Raffles Hotels & Resorts has started construction on its new property above Dreamland beach in Jimbaran. Raffles Jimbaran is scheduled to open in 2010 with 84 villas, and 21 Raffles … Continue reading →

KUALA LUMPUR: Naza TTDI Sdn Bhd, the property development arm of the Naza Group, plans to launch 18 new developments including new phases worth over RM1 billion by end of the year. Group managing director SM Faliq SM Nasimuddin said new property launches will include three high-end residential projects. “We are looking to launch 18 [...]

KUALA LUMPUR: Naza TTDI Sdn Bhd, the property development arm of the Naza Group, plans to launch 18 new developments including new phases worth over RM1 billion by end of the year. Group managing director SM Faliq SM Nasimuddin said new property launches will include three high-end residential projects. “We are looking to launch 18 [...]

A new tax that would cost foreign property owners an additional 20% of the value of rental profit was scrapped by the President Nikolas Sarkozy amidst complaints from powerful expat owners of second homes in the country. The tax was expected to have generated an additional €176 million a year for…

SUBANG JAYA: Property developer UEM Land Holdings Bhd will start marketing properties with a potential gross development value of RM5 billion this year. Chief executive officer Wan Abdullah Wan Ibrahim said UEM Land has unbilled sales of RM1.5 billion that will be realised in the next two years. He said the group is also on [...]

Skyrocketing rental prices in Brazil over the past year have some analysts comparing its housing market with that of the U.S. before the recession crippled home values. Prices are up more than 24% from last April, with the average price for a new property in Ipanema, Rio de Janeiro’s most expensive…

The phrase “old is gold” certainly holds true for many things such as family relations and friendships, but it does not seem to apply to consumer items, especially trendy ones. Barely months old gadgets are being replaced by new and trendier ones these days. This underscores the strong consumerism movement and how it is promoting [...]

Back on board the China property market rollercoaster as we ride into 2011. Before the last stop we watch a sub-index of property stocks on the Shanghai Composite Index slump 28% at the end of last year on the promise of new property taxes to curb growth. Now as it seems unlikely the taxes will [...]

The fact that the average salaried workers are ready to buy into properties many times their annual income is food for thought. LONG-TERM sustainable house prices ought to be determined by two key fundamentals household income and rental returns. The relationship between household average annual income and property prices is an important one as it [...]

PETALING JAYA: Dijaya Corp Bhd will launch property projects worth RM3.5bil over the next two years. The projects include W Hotel and Residences Kuala Lumpur, serviced apartments in Tropicana Danga Bay, Tropicana Gardens commercial centre, Tropicana Avenue business and retail centre, Tropicana Bayou mixed development and Tropicana Cheras bungalows, semi-dees and linked houses. “With all [...]