News: philippines property investment

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

Sharpening the competitive edge

As developing countries around the world try to outdo each other to attract foreign investments in the aftermath of the global financial crisis in the coming months, competition is expected to heat up in all spheres of the global economy. Right in Malaysia’s backyard, there are already tough competitors vying for the foreign dollars. Vietnam, [...]

Top 5 Long Term International Property Investment Destinations

When it comes to overseas property investment there are several choices to be made. What type of investment a person makes depends on what they want from the property, and the type of investment they are making also affects the destinations they will consider. If a person wants a holiday home that will pay for [...]

Asian developers more upbeat

SINGAPORE: Asian property firms are beginning to see light at the end of the tunnel and several are positioning for an upturn even as the world economy struggles to recover from its worst recession in decades. The mood among US and European executives at this week’s Reuters Global Real Estate Summit is glum, but Asian [...]

Royale Chulan — 5-star experience at half the normal rates

The Royale Chulan Kuala Lumpur may be the most expensive hotel in the Klang Valley but it is offering services and facilities of superior quality in tandem with its five-star rating. Its rooms are priced at RM700 a night and the Royale suite at RM9,000. As the hotel opened only in April, it is offering [...]

IGB puts 2 big projects on hold

Unfavourable market conditions have caused IGB Corp Bhd to delay two major projects with an estimated combined value of RM1.5 billion to RM2 billion. This will likely affect its property development division in the current financial year ending December 31 2009. Last year, revenue from property development fell by a third to RM169.97 million from [...]

IGB plans more hotels abroad

KUALA LUMPUR: IGB Corp Bhd is in talks with 10 parties on developing hotels in Vietnam, China, Thailand and Australia. Group managing director Robert Tan said the development might be in the form of joint venture, asset management or to wholly-own the entity itself. “The hotels will carry the brand of either St Giles or [...]

Accor Group eyes Malaysia for Ibis Hotel

French multinational corporation, Accor Group is eyeing Malaysia for its economy hotel chain, Ibis Hotel, given the rising interest in the country as a top tourist destination in the region. Ibis is Accor’s economy hotel brand, which has expanded rapidly around the world and become the European market leader in the economy hotel industry and [...]

Twitter Weekly Updates for 2009-05-17

Q&A: Blank’s fall from grace at Lloyds – guardian.co.uk http://tinyurl.com/qhpke2 # Dubai Mall Creates 10000 New Jobs, Eyes 37m Visitors This Year – Khaleej Times http://tinyurl.com/o5ays4 # Poll: Is the EU decision against Intel fair? – CNET News http://tinyurl.com/qezrwj # Should Europe and America tear down their Corrupt Financial … – American Chronicle http://tinyurl.com/oj3vrw # [...]

Plans for RM220m housing projects in KK industrial park

KKIP Sdn Bhd (KSB), developer of the Kota Kinabalu Industrial Park (KKIP) in Sabah, will launch four housing projects worth RM220 million within the 1,344.51ha integrated park, its chief said. From June this year, KSB will offer 750 houses, priced from RM190,000 to RM500,000 each. They include apartments, terraced and semi-detached houses, bungalows and townhouses. [...]

Twitter Weekly Updates for 2009-04-05

Crunch time for building sector – Straits Times http://tinyurl.com/c4od5n # Persian Gulf shares soar – Wall Street Journal http://tinyurl.com/d2bmt4 # Can’t afford a home in city? There’s one up for grabs in homeland – Indian Express http://tinyurl.com/c8rbg7 # Despite downturn, 2008 was record year for sales of high-end homes – San Jose Mercury News http://tinyurl.com/cbufzr [...]