Experts optimistic about Malaysia property market
By Farah Wahida: Despite several concerns this year, Malaysia's property market is expected to remain bullish in 2013 and prices are unlikely to drop, said Nixon Paul, President of the Malaysian Institute of Estate Agents (MIEA). In a report carried on PropertyGuru Malaysia, Paul noted that...
Continue Reading • 14 Dec 2012
Brazil is top of the props
By Andrew Batt:The most popular overseas property investment for Singaporeans this year will probably come as a big surprise to many consumers and industry watchers alike.Whilst developments from Malaysia, the United Kingdom, Australia and Thailand have all been popular, it’s likely that a...
Continue Reading • 14 Dec 2012
HK risks property price slump: IMF
By Romesh Navaratnarajah:With a limited supply of new residential units and low interest rates, property prices in Hong Kong could fall sharply, according to the International Monetary Fund (IMF). “The property sector is the main source of domestic economic risk,” said the...
Continue Reading • 13 Dec 2012
Ascott strengthens presence in Indonesia
By Romesh Navaratnarajah: The Ascott Limited (Ascott), the wholly-owned serviced residence unit of CapitaLand, has secured a management contract for the 181-unit Ascott Waterplace Surabaya (pictured) in Indonesia.Set to open in 2014, the property will be Ascott's third in Surabaya, after...
Continue Reading • 11 Dec 2012
Get a home that suits your style at P'residen
More than a place to live, a home is where a person can truly express and enjoy his/her interests, hobbies and even emotions. We can tell someone’s personality based on how his/her home looks like, including colours, features and furniture used.This idea has inspired P’residen...
Continue Reading • 11 Dec 2012
More should consider Malaysia as investment destination: report
By Romesh Navaratnarajah: Malaysia is being touted as a hotspot for foreign investors looking for favourable gains, particularly as property prices there are more affordable than other countries in the region such as Singapore and Hong Kong.A recent report by The Standard highlighted...
Continue Reading • 11 Dec 2012
Demand for overseas property heats up in China
By Romesh Navaratnarajah:China’s strong economy has boosted overseas property investments among Chinese nationals and overseas developers are keen to take advantage of the growing market.Next year’s Shanghai Real Estate Expo, taking place at the Shanghai Exhibition Centre from 15 to...
Continue Reading • 7 Dec 2012
Brazil property gaining interest
By Romesh Navaratnarajah: With Brazil’s economy expected to grow at an annualised rate of four percent or more next year, the local property market will become one of the most sought-after assets with prime land sites seen as a favoured investment choice, revealed Knight Knox International....
Continue Reading • 7 Dec 2012
Appetite for Msia homes still hot: PropertyGuru
By Farah Wahida:Demand for Malaysian properties among buyers and investors in Singapore continues to grow due to skyrocketing housing prices in the city-state, according to PropertyGuru, Asia's leading property portal. “The comparatively low cost of purchase and maintenance is a driving...
Continue Reading • 6 Dec 2012
Malaysia Property Show returns to Singapore
By Romesh Navaratnarajah: Showcasing the latest residential projects from Malaysia, PropertyGuru, Asia’s leading property portal will once again organise the Malaysia Property Show (MPS), taking place this weekend (8 to 9 December) at Orchard Hotel, Singapore.The exhibition will feature...
Continue Reading • 6 Dec 2012
Iskandar Malaysia an investment haven?
By Farah Wahida: Iskandar Malaysia (scale model pictured) is set to become a top investment hotspot for Singapore companies as the region offers good prospects for them, said Datuk Wan Abdullah Wan Ibrahim, Managing Director and CEO of UEM Land Holdings.While the majority of companies initially...
Continue Reading • 5 Dec 2012
China home in middle of road demolished
By Romesh Navaratnarajah: A five-storey residential block in China (pictured) which made news worldwide for oddly standing in the middle of a new road, has been demolished after the remaining residents finally accepted the government’s compensation of 260,000 yuan (S$50,874), according to...
Continue Reading • 5 Dec 2012
Russian buyers set to dominate overseas property
By Romesh Navaratnarajah: Russian nationals, especially the middle class, are snapping up more properties overseas as their country enjoys an economic boom, low unemployment and rising salaries. This has led to foreign developers seeing strong sales from Russian buyers and investors. A...
Continue Reading • 5 Dec 2012
Asian buyers flock to UK student accomodation market
By Andrew Batt: A luxury student accommodation investment in the United Kingdom has sold all 106 units within just six weeks of launch – with buyers from Singapore and Hong Kong snapping up units in large numbers.Falkland House (pictured) in Liverpool city centre, the first joint venture...
Continue Reading • 4 Dec 2012
Do They Know It's Christmas house for sale
By Andrew Batt: The London house where Bob Geldof and Midge Ure wrote the iconic Band-Aid record Do They Know It’s Christmas is on the market.Zachary House on the banks of the River Thames (pictured) was owned by Midge Ure during the 1980s, and he co-wrote the charity chart-topper in the...
Continue Reading • 4 Dec 2012
Battersea project to start Asia sales
By Andrew Batt: The Malaysian consortium behind the development of the former Battersea Power Station (pictured) in London has revealed it will start selling the first phase of development in the UK and Asia next month.Media reports in the UK suggest that Jones Lang LaSalle (JLL) is close to...
Continue Reading • 4 Dec 2012
Tang Group signs deal for Iskandar devt
By Cheryl Tay:Global Skyline Sdn Bhd, a unit of Tang Group, will embark on a mixed-used development called iMedini Walk (pictured) in Iskandar Malaysia.The developer has signed a 99-year lease agreement with Medini Land Sdn Bhd, a wholly-owned subsidiary of Iskandar Investment Berhad for three...
Continue Reading • 3 Dec 2012
Hawaii has most expensive US homes
By Romesh Navaratnarajah:Of all the US states, Hawaii (pictured) is home to the most expensive residential properties, according to a report by consultancy Coldwell Banker.The study revealed that the average price for a four-bedroom two-bathroom home in Hawaii stands at US$742,000 (S$906,540),...
Continue Reading • 3 Dec 2012
Will Legoland stimulate Johor's property market?
By Romesh Navaratnarajah:The recent opening of Legoland Malaysia (pictured) in September has so far attracted more than 250,000 visitors from across the region, including those from Singapore, Indonesia and the Philippines. The influx of tourists will likely bolster the retail property market in...
Continue Reading • 30 Nov 2012
Rental boom in the UK
By Romesh Navaratnarajah: Demand for property rentals in the UK has grown rapidly and is not showing signs of moderating any time soon, according to the latest RICS residential lettings survey. The study revealed that interest from would-be-renters jumped to a net balance of 15 percent from the...
Continue Reading • 30 Nov 2012