Overseas Property Investment

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

WCT Bhd, a leading construction and property development company, plans to own and manage two hotels within the next four years.It will open its maiden hotel in Klang, Selangor, under the Première brand name on October 10. The hotel is part of the RM145 million BBT-One Tower and the Boulevard project developed by WCT. BBT [...]

KUALA LUMPUR: GADANG HOLDINGS BHD plans to launch RM110 million worth of property projects over the next year in Kuala Lumpur and Johor. A company official said on Thursday, Aug 12 Gadang was also looking to expand its plantations in Sabah via joint ventures with the landowners. Currently, it has plantations in Ranau, Sabah. On [...]

CapitaMalls Asia Ltd, the retail property unit of Southeast Asia’s biggest developer, may seek shopping-center ventures in Vietnam after expanding in markets including China and India. Singapore-based CapitaMalls may collaborate with its parent company CapitaLand Ltd to explore “interesting opportunities” in Vietnam, Chief Executive Officer Lim Beng Chee said. CapitaLand, which is building homes in [...]

BERJAYA Land Bhd (BLand) will launch new projects worth more than RM500 million this year to take advantage of pent-up demand for housing in the Klang Valley. BLand is bullish on the property market, its senior general manager of properties and marketing, Mah Siew Wan, said. “We are seeing a return of buying interest for [...]

A highly competitive Thai market is driving developer interest in neighboring Vietnam and Cambodia, where diverse opportunities exist across all property sectors. CB Richard Ellis has expanded its base of operations in the region, helping developers deal with unique regulations and characteristics of…

With the uptrend in the global economy, managers and operators of serviced apartments in the prime areas of Kuala Lumpur are seeing healthy occupancy rates for their units. Choe Peng Sum at the balcony of a serviced apartment managed by Frasers Hospitality. He estimates there are some 30,000 hotel rooms in Malaysia compared with 2,800- [...]

Mah Sing Group Bhd, the country’s fifth largest property developer by revenue, expects overseas projects to contribute 30 per cent of total sales by 2015, group managing director Tan Sri Leong Hoy Kum said. Currently, there is no contribution from overseas. Mah Sing has a cash pile of RM233 million and plans to capitalise on [...]

KUALA LUMPUR: Mah Sing Group Bhd’s low gearing ratio of 0.05 times as at March 31 has provided the group with the capacity to gear up further, said group managing director and group chief executive Tan Sri Leong Hoy Kum. At a briefing yesterday, he said that should the company gear up to 0.5 times, [...]

Perdana ParkCity Sdn Bhd has rescheduled its launching of a billion ringgit township project in Hanoi to the fourth quarter of this year. “We are excited about the project but we pulled the breaks as there is uncertainty in the market place, affecting buying sentiments. “If you want to go to a place like Vietnam, [...]

HANOI: Southeast Asia’s largest property developer, Singapore-based CapitaLand, says it plans to increase its assets in Vietnam tenfold and is building thousands of new homes. “Vietnam has been earmarked as the group’s most important overseas market in Asia, after China,” the company said in a statement. The firm will invest S$299 million (S$1 = RM2.38), [...]