News: pakistan property investment

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

M’sians in S’pore can help promote housing scheme

SINGAPORE: Malaysians residing in Singapore can assume a vital role in promoting the “Malaysia My Second Home Programme” (MM2H) among Singaporeans, says Tourism Malaysia director in Singapore Zalizam Zakaria. He said Singaporeans were among the top ten purchasers of properties in Malaysia under MM2H followed by Japanese, British, Americans, Chinese nationals, Iranians, Pakistanis, Bangladeshis, Indian [...]

Building Asian cities in a sustainable way

The future of Asia is in its cities. It is the cities and the activities generated therein that will help the continent march forward. But in order for cities to thrive, it needs people. Although still one of the less urbanised continents, Asia’s urban population has grown from 32% in 1990 to 42% in 2010, [...]

WikiLeaks: Afghan vice-president ‘landed in Dubai with $52m in cash’

We recently reported on the massive Dubai property buying spree as members of the Afghan government and Kabul Bank directors bought up dozens of properties using suitcases of cash — literally. But it is only in new US diplomatic cables that have been released by Wikileaks that we find out the true extent of the [...]

Johor developers face future challenges

JOHOR BARU: Demand for residential properties is still good in Johor but developers will face challenges in the coming years due to labour shortage and a hike in building material prices. Simon Heng …. ‘The take-up rate for new houses in Johor is still good despite the increase in prices.’ Real Estate and Housing Developers [...]

BRDB in tie-up to expand presence in Nusajaya

KUALA LUMPUR: Bandar Raya Developments Bhd (BRDB), which recently signed supplemental agreements with UEM Land Bhd, the master developer of Nusajaya, to buy a 60% stake in a special-purpose vehicle used for the development of Residential North in Puteri Harbour, is planning to expand its presence in the township. The project, on a 111-acre freehold [...]

NEO Bankside property within potential landmarks

Last year, property agency Savills Rahim & Co introduced the first phase of NEO Bankside, a British property located in prime central London, to Malaysians. The first block, known as Pavilion A, had prices starting at £1,000 per sq ft for a one-bedroom apartment of slightly more than 500sq ft. It did seem pretty steep [...]

Marriott International Announces the Launch of Courtyard by Marriott, Gurgaon

Marriott International Inc., the leading world-wide lodging company, announced the launch of the Courtyard by Marriott, Gurgaon. The launch marks the foray of the ‘Courtyard by Marriott’ brand into the National Capital Region. Located in the heart of the Cyber City, Gurgaon, the hotel near Indira Gandhi Airport will offer its guests 198 rooms and [...]

Marriott plans 7 more hotels in India

Having launched its premium business hotel, Courtyard by Marriott in Ahmedabad, leading hospitality player Marriott International Inc. is now looking at opening seven more hotels across the country in luxury, boutique and moderate segments. Marriott International, which runs hotels brands including The Ritz -Carlton, JW Marriott Hotels & Resorts, Marriott Hotels & Resorts, Renaissance Hotels [...]

Punjab aims to emulate Malaysia’s success in low-cost housing

ISLAMABAD: Malaysian expertise in low-cost housing for workers is expected to become the catalyst for the entry of more foreign direct investment in the booming industrial sector in Pakistan. Punjab Industrial Estates Development and Management Company (PIE) chief executive officer Sabir P. Chohan said Malaysia’s track record in the housing industry was expected to provide [...]

Bina Puri working hard to fatten up its order book

BINA Puri Holdings Bhd, one of Malaysia’s largest construction groups with RM4.2 billion jobs in hand, will continue to aggressively tender for new projects to sustain growth in earnings and bring the group to a higher level. It has ongoing projects in Malaysia, Pakistan, Thailand, Brunei and Abu Dhabi, but is aiming for more work [...]