Overseas Property Investment

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

Land JV in China (RM500mil GDV) is expected to take off after all the necessary approvals are obtained in the next 12-18 months, JP Morgan says.
SP Setia Bhd’s performance in southern Johor will be on the road to stronger growth given the number of projects in the pipeline and the overall economic recovery in the [...]

Malaysia’s Mah Sing Group Bhd aims for property sales to climb 39 per cent to RM1 billion (US$292 million) this year as an economic recovery spurs home purchases in the Southeast Asian nation.
The nation’s fifth-largest property developer sold RM720 million worth of properties last year, beating a target of RM453 million, managing director Leong Hoy [...]

KUALA LUMPUR: Sunrise Bhd wants to expand into markets where there aren’t many Malaysian developers, said executive chairman Datuk Tong Kooi Ong.
“Every Tom, Dick and Harry has gone to Vietnam. There are (other) countries that have a lot of potential … where there aren’t many Malaysian players,” he said at an analyst briefing yesterday when [...]

Gamuda Land will launch its second gated-and-guarded precinct at Bandar Botanic in Klang next month.
PETALING JAYA: The local property market is in for a brighter prospect this year as the economy is forecast to return to growth while prices are now at affordable levels.
A recent CIMB Research report said that due to moderate price appreciation, [...]

Emphasis on property management and maintenance is expected to lift the property care services industry going forward.
Property care services is relatively small in Malaysia but it is a growing sector as owners and tenants put more emphasis on property management and maintenance.
Property Care Services (PCS) International managing director Arnaud Bialecki says property maintenance adds value [...]

KUALA LUMPUR: SP SETIA BHD net profit for the fourth quarter ended Oct 31, 2009 fell 25% to RM56.86 million from RM76.08 million a year ago, mainly due to the inclusion of profit recognised on the disposal of its 25.07% interest held in Loh & Loh Corporation Bhd amounting to RM26.9 million a year ago.
However, [...]

The new hospital, part of Sime Darby’s vision in becoming a formidable healthcare player in Malaysia, is expected to be completed by 2012
Malaysia’s largest conglomerate Sime Darby Bhd will build a new RM100 million hospital at its residential development in Ara Damansara, Selangor, bringing the group’s total number of hospitals in the country to four.
The [...]

GADANG Holdings Bhd, a construction and property development firm, is bidding for more than RM2 billion worth of projects in the country, which include works for the new low-cost carrier terminal in Sepang and the gas-fired power plant in Kimanis, Sabah.
The bidding period for both projects will close by next month.
“With the company’s past track [...]

With a bevy of development projects in the works, and a strong year-end performance projected, Vietnam is carving out a spot in the emerging property market. A revitalized stock market, rebounding global economy and strides in the nation’s infrastructure are contributing to the favorable investment…

Even though the CP Group has made big strides as a property developer and asset owner, it is not keen to join the other big property players to seek a listing on the local bourse or build up its landbank.

From left to right: CP Group executive chairman Datuk Tan Chew Piau; his son Marvin Chen; [...]