Foreign Property News

Renting in big cities
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Kuala Lumpur ranks as the most rent-affordable place in the world By NUR IHSAN FADHLINA ihsan@mystar.com.my WHEN it comes to renting, Malaysians may be surprised that our capital city Kuala Lumpur has actually been crowned as the most affordable city in the world, according to a report by RENTCafé.com. Although most people would say that it’s…

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Battersea Power Station wins ‘Property Company of the Year’
All the winners of the Evening Standard Business Awards with David Twohig, Chief Development Officer (back second in from left) accepting Property Company of the Year on behalf of the team at Battersea Power Station.  

Battersea Power Station Wins ‘Property Company Of The Year’ At The Evening Standard’s Business Awards 2017 LONDON, 4 July 2017 – Battersea Power Station has been awarded “Property Company of the Year” at the Evening Standard’s Business Awards 2017 following an exciting year which saw Apple confirmed as a future office tenant in the Grade…

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Redefining waterfront living in bayside suburb
The lounge in Lumar Apartments, Melbourne by Resimax Group.  

THE late afternoon sun setting over the waters of Port Phillip Bay streams light into the glass-windowed balconies of the new Lumar Apartments on the pristine waterfront of Melbourne’s Seaford beach. This brand new state-of the-art apartment building is set to redefine waterfront living by cleverly integrating the essence of the natural environment into residential…

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Resorts World Las Vegas aims to open in 2020
In a statement, Genting also announced the appointment of Edward Farrell as president of RWLV. Farrell will oversee all development activities on the Las Vegas Strip site and prepare the world class, integrated resort for operations in 2020.  

PETALING JAYA: Genting Group said its proposed Resorts World Las Vegas (RWLV) is expected to see full construction commencing in the third quarter of this year, aiming for opening in 2020. In a statement, Genting also announced the appointment of Edward Farrell as president of RWLV. Farrell will oversee all development activities on the Las…

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EU countries eye investment opportunities in Iskandar Malaysia
Foreign Property News  

BY ZAZALI MUSA JOHOR BARU: European Union (EU) countries are eyeing business and investment opportunities in Iskandar Malaysia as the country’s first economic growth corridor offers good growth prospects. Ambassador and head of the EU delegation to Malaysia Maria Castillo Fernandez said the progress and development taking place in Iskandar Malaysia was testimonial that it…

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S P Setia awarded Toh Tuck Road site by Urban Redevelopment Authority
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SINGAPORE: Malaysia’s No. 1 Property Developer, S P Setia Berhad Group through its subsidiary S P Setia International (S) Pte Ltd was awarded the tender for the popular Toh Tuck Road site today by URA. This site will be home to S P Setia Berhad Group’s third development in Singapore. Dato’ Khor Chap Jen, CEO…

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EWI to buy 80% stake in Salcon Australia
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PETALING JAYA: Eco World International Bhd (EWI) is acquiring an 80% stake in Salcon Australia for its parcel of prime land of 2,128 sq m in South Yarra, Australia. To be named Yarra One, the project will comprise a 27-storey tower with 268 residential units complemented by a retail and office podium with the potential…

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StarPropertyTV (Video): Are Gen-Ys interested in properties?
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This week on StarpropertyTV, we spoke to Khalil Adis. Khalil begun his journey in real estate as an editor for a property publishing firm. After gaining years of experience under, he ventured out and gave birth to Khalil Adis Consultancy. Renowned for his independent views and insights on the property market, Khalil is a highly sought-after…

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What is the outlook for hotel investors in 2017?
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JLL reveals more mergers and acquisitions expected while investment volumes to hold steady in Asia Pacific SINGAPORE: A report released by JLL Hotels & Hospitality Group reveals the flurry of mergers and acquisitions seen in 2016, with high-profile deals such as Marriott International’s acquisition of Starwood Hotels & Resorts and HNA Tourism Group Co. Ltd’s…

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Real estate investment opportunities in ASEAN look strong for 2017
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ASEAN: New research highlights growth in Vietnam and Indonesia SINGAPORE: Southeast Asia remains a bright spot amid a subdued global economic outlook, as ASEAN economies continue to grow at 5% per year compared to a global growth rate of 3.5% per year. According to a statement by real estate consultant JLL, Vietnam is a rising…

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