Overseas Property Investment

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

This one is bound to have sent a few shivers down the overseas property industry’s spine. South African President Jacob Zuma is thought to be coming nearer to banning foreign ownership of land in the country. However, the ban may not be as alarming as the headlines read. “Land reform will now be based on [...]

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, [...]

Ireka is involved in the construction of phases three and four of Sandakan Harbour Square in Sabah KUALA LUMPUR: Ireka Corp Bhd is confident its 23%-owned associate company, Aseana Properties Ltd, which has been weighing down on the company’s financial performance with its losses, will be able to contribute positively to the group in the [...]

GUESTS of Lanson Place serviced apartments, who are used to the level of service by the group, will be pleased to know that it plans to triple the number of properties within the next three to five years. Lanson Place Hospitality Management Ltd, a Wing Tai Asia Group company, is also looking at representations in [...]

PROPERTY group Mah Sing Group Bhd said it hopes overseas ventures will be able to bring in 30 per cent of its total revenue within five years. Mah Sing is aiming to launch its first project in China this year and is also working towards participating in property development activities in Vietnam, Singapore and Australia. [...]

KUALA LUMPUR: Property developer Mah Sing Group Bhd is targeting to get 30% of its revenue from overseas projects in five years. “In five years we hope that 30% from our sales will come from the overseas projects,” its senior manager for corporate communications, Lyanna Tew told reporters after the signing of agreement with the [...]

An artist’s impression of IJM Land’s The Light Waterfront development in Penang.PETALING JAYA: It is business as usual at IJM Land Bhd after a proposed merger between the company and Malaysian Resources Corp Bhd (MRCB) fell through due to their failure to reach an agreement on the definitive terms and conditions of the plan. IJM [...]

Despite the gloomy economic outlook on the global front, the local property market is expected to be positive and on the upswing for next year and 2012, the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) organising chairman Eric Ooi said. However, there were certain market segments [...]

Property developer SP Setia Bhd declined to comment on speculation of a merger but stressed that it is on track to achieve RM3 billion sales target for 2011. The Edge weekly magazine recently discussed the potential of a merger between SP Setia and Sime Darby Bhd’s property unit. Asked if SP Setia is keen on [...]

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 [...]