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Indons have higher budgets for S’pore properties
Among the top foreign buyers of properties in the Island Republic in the first none months of 2016, Indonesians have higher budgets with most of their deals around S$3 million (RM9.3 million), Singapore’s Business Times reported, quoting real estate consultancy JLL. According to findings from a JLL study, Indonesians... Read more
Sunway unveils first pre-fab luxury home
Sunway Property, the property arm of Sunway Bhd, completed the country’s first luxurious pre-fabricated home, Sakura Residence in Sunway Iskandar, Johor Bahru. The project, a joint venture with Daiwa House Malaysia Sdn Bhd, is located within Sunway Iskandar’s Parkview Precinct and will be a private gated community with a... Read more
Rehda: Best time to buy in Johor
Bucking mainstream opinion, the Real Estate and Housing Developers Association (Rehda) has come out to say that there is no better time to buy in Johor than now. Despite the ongoing economic uncertainties that have slowed the property market in the southern state, the association points out that many of... Read more
KL still ‘the FDI hub’
BY Kate May That global luxury hospitality operators continue to see Malaysia, despite declines in tourist arrivals, as an appealing destination in the region speaks volumes. For one, the country continues to be a significant recipient of foreign direct investment (FDI). In its Global Cities 2017 Report on the... Read more
Fortune favours the vigilant
ROUGH DAYS AHEAD, BUT HOTSPOTS SUCH AS BANGSAR SOUTH CONTINUE TO LURE INVESTORS BY Chris Prasad The property market could well be in one of its longest-running slumps since the 1997 Asian Financial Crisis, but industry experts will be quick to tell you that, even then, the market was not... Read more
IOI Prop scores Central Boulevard land
IOI Properties Group Bhd announced early this week that it had won the bid for a highly-prized parcel of land located along Central Boulevard and Raffles Quay-Shenton Way within Singapore’s prime Marina Bay area. A successful tender of RM7.77 billion was made for the 2.6-acre site by IOI Properties... Read more
Asia Pacific realty softens, China bucks trend
Commercial real estate investment in Asia Pacific has seen a general slowdown across the region but appetite for mainland Chinese real estate remains robust, South China Morning Post reported, quoting analysts. Completed sales of properties in the region, excluding development sites, totalled US$30.4 billion (RM129.27 billion) in the third... Read more
The Estate: Adding Value to a Prime Address
BY Chris Prasad There is little doubt that the current economic environment demands a heightened measure of prudence when it comes to property purchasing. This is true for everybody, from the bottom to the top of the economic scale, because market uncertainties have forced us to be more judicious... Read more
‘Strong man’ Philippines beckons international investors
With the Philippines no more the “sick man of Asia” and instead a “strong man” now, high-end resorts are mushrooming on its islands to meet the burgeoning demand of holidaymakers and international investors. These 7,000 islands provide a breathtaking paradise of sandy beaches, lush vegetation and azure waters teeming... Read more
Naza unveils KL Metropolis show gallery
To give the public a window into the up-and-coming 75-acre KL Metropolis project, Developer Naza TTDI Sdn Bhd launched its KL Metropolis show gallery at Naza Tower in Platinum Park earlier this week. The 14,000sq ft gallery not only offers a glimpse into future development plans at the site... Read more