Overseas Property Investment

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

Chennai-based Oriental Hotels Ltd is planning to expand its footprint by adding more hotels. The company will add two more properties to its existing eight in the next two years, when its total room inventory will be 1,250. Currently, the company’s eight properties are managed by Taj. The proposed properties in Coimbatore and Bangalore will [...]

NEW DELHI: Yet another piece of the real estate market appears to be getting back in shape. After realtors focused on the affordable housing space, where demand remained reasonable when market prices crashed two years ago, they are now launching luxury homes as the segment is witnessing early signals of an upswing in demand. Sensing [...]

Prestige Group, one of south India’s leading developers, added yet another landmark to Bangalore’s residential market with the successful completion of Prestige Notting Hill. Located on Bannerghatta Road spread over 4.7 acres of land, Prestige Notting Hill features high-rise apartments, situated amidst landscaped areas, water bodies and a swimming pool. Inspired by the distinctive ‘Tudor [...]

HONG KONG: Sun Hung Kai Properties Ltd, the world’s biggest developer by market value, paid HK$10.9 billion (HK$100 = RM42.61) for a residential site at a public auction in Hong Kong, beating estimates and underscoring that luxury home demand is withstanding government efforts to cool the market. The Ho Man Tin district site was estimated [...]

SHANGHAI: Malaysian conglomerate Hong Leong Group(HLG) is to create a luxury hotel chain in China, with at least ten Guoman Hotels over the next five years. Violet Lee, Group Managing Director of Guocoland China, HLG’s property investment arm here, told reporters at a special interview, the company would bring the unique English hospitality to the [...]

SHANGHAI: Hong Leong Group (HLG) hopes to open more of its signature Guoman Hotels in China after launching its flagship here. Guocoland China group managing director Violet Lee said it was eyeing to have five Guoman Hotels in China in the next five years. Guocoland is Hong Leong Group’s property development and investment arm in [...]

JOHOR BARU: A woman whose apartment was auctioned off by a bank after she failed to settle her instalments of RM1,385.17 six years ago was awarded RM25,000 in damages by a magistrate’s court here. In her statement of claim filed in the High Court in 2006, Metildah Louis Angel Perix, 51, said she had taken [...]

Back in 2008, we published 10 most expensive homes in the world – 2008, we thought it would be a good idea to have a 2010 update of the list and so you can see how they compare for yourself. Anyway, here we go: 1. “Antilla”, Mumbai – $1billion The world’s most expensive home in [...]

DUBAI: Malaysian contractors are currently working on 51 projects worth US$10bil in the Middle East and are eyeing for more amid a projected upswing in construction demand. The majority of projects are in United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Oman, Syria, Iran, Jordan and Yemen, the Malaysia External Trade Development Corp (Matrade) said in [...]

Courtyard view of CENTRIO project by YTL Land & Development. The Small Office/Home Office (SoHo) segment is slowly but surely, becoming a growing trend in the market, especially among those looking for flexibility in their daily working schedules. The modern concept of SoHo refers to the category of business, which involves from one to 10 [...]