Overseas Property Investment

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

KUALA LUMPUR: DIJAYA CORPORATION BHD reported net profit of RM18.54 million in the first quarter and announced projects with gross development value (GDV) of RM3.5 billion over the next two years. It said on Friday, May 27, that its earnings jumped 489% from RM3.15 million a year ago, boosted by higher profit margin contributed by [...]

Bolton Bhd’s pre-tax profit for the financial year ended March 31, 2011 fell to RM20.34 million from RM50.7 million the previous year while revenue fell to RM243.23 million from RM257.47 million. For the fourth quarter period ended March 31, its pre-tax profit dropped to RM4.84 million from RM16.66 million in the same period last year. [...]

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 [...]

KLANG Valley folks are known for their ability to cope with heavily congested roads but even they are growing edgy these days as many public facilities are increasingly becoming inadequate and overstretched. From the widely-publicised overcrowded buses, trains and other modes of public transport, parks, roads, public housing and recreational facilities are also over-stretched and [...]

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 Jesselton Condominum. Bina Puri is on an expansion trail to strengthen its presence in Sabah. Inset: Bina Puri Holdings Executive Director Mathew Tee KOTA KINABALU: Bina Puri Holdings Bhd is projecting a total of RM250mil sales revenue from its property division or 20% of the group’s overall ongoing projects this year. Bina Puri Holdings [...]

SHANGHAI: China has said it will stop publishing its much-watched national property price index a lightning rod for public anger over soaring housing costs and replace it with two new property indexes. The National Bureau of Statistics said it was compiling two new indexes to gauge new and second-hand home sales starting with January figures [...]

KAJANG: Diversified group Metro Kajang Holdings Bhd, which currently has its core business in property development, is aggressively looking to grow its plantation division into another core business. Metro Kajang other current businesses are trading, manufacturing, property investment and integrated livestock processing. Executive Chairman Datuk Alex Chen said for the financial year ended Sept 31, [...]

Developers in China are looking toward smaller cities for growth as residential property prices have increased as of late. While larger cities such as Beijing and Shanghai feel the effects from new property taxes, developers are choosing to focus more on first time buyers in the smaller cities. See…

The Chinese government is taking steps to cool down a rapidly growing housing bubble that had grown dramatically last year. The government has implemented new property taxes and restrictions on home purchases since the cooling measures began last April. See the following article from Global Property…