Foreign Property News

(Video) Interview: Khalil Adis on Property Buying for Gen-Y l StarpropertyTV
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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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Chinese overseas real estate investment hit new record of US$33bil in 2016
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Hotel and industrial sectors saw biggest rise in investment SINGAPORE: China has hit a record of US$33bil (approximately RM146bil) in overseas commercial and residential property investment in 2016, an increase of nearly 53% year-on-year, according to the latest data from JLL’s Global Capital Flows. While investment in land, offices and hotels account for 90% of…

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A Setia bloom in Melbourne
Parque Melbourne@St Kilda Road is Setia's second development in Australia.  

S P Setia marches on with new grand projects in the most liveable city. By Lee Yan Li lylee@thestar.com.my AUSTRALIAN are living a good life. Aside from sunny beaches, dry deserts, ‘the bush’ and ‘the Outback’, Australia also holds an impressive record on its urban dwellings. Touted as one of the world’s most highly urbanised…

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Olympics and urban development
Major development projects in Rio de Janeiro to host the Olympic Games have met with a lot of criticism.  

By Lee Yan Li WITH all its gold and glory, hosting the Olympic Games meant painstaking logistic preparation and city planning. The desire to present the city’s best does not always generate long-term benefits for the urban development. In fact, poorly planned infrastructure development, mismatch of property prices and affordability, forced evacuation and human right…

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BLand in talks with Vietnam on university township project
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PETALING JAYA: Berjaya Land Bhd (BLand) said the company is in negotiations and discussions with the Vietnamese Northwest Management Area Authority to revise the master plan on part of 925ha comprising 250ha in Ho Chi Minh City that has been allocated for the university township, which is also known as the VIUT project. “The revised…

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Double Victory for Sime Darby Property with two award wins in a week!
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SF: SEAPA (Malaysia) 2016 Best Developer (Malaysia) and 7th consecutive Putra Brand Gold award reinforce developer’s position as Malaysia’s best     Kuala Lumpur, 15 August 2016 – Sime Darby Property steered into its new financial year with impressive double award wins within a week, reinforcing its position as a leading property developer in Malaysia…

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Retail buying supporting broad market, DRB-Hicom in focus
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BY JOSEPH CHIN KUALA LUMPUR: Blue chips managed to recoup part of their losses early Thursday while the broader market was firmer with retail buying interest seen in lower liners including DRB-Hicom as sentiment was boosted by a rebound in crude oil prices. At 9.43am, the KLCI was up 4.65 points or 0.28% to 1,653.15….

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Brexit damps property demand
 

LONDON: London homebuilders are offering to pay sales taxes, gift £20,000 (US$26,800) of furniture and the chance to win a free parking space as Britain’s vote to leave the European Union damps demand. Brexit will damage the UK economy and residential property values in London could fall by more than 30%, Societe Generale SA analysts…

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