Real Estate


Hong Leong downgrades property sector

The Malaysian Insider 30.10.2012
Hong Leong downgrades property sector

KUALA LUMPUR, Oct 29 – Hong Leong Investment Bank downgraded Malaysia’s property sector companies to ‘neutral’ from ‘overweight’, saying an increase in property gains tax is expected to weigh on an already slowing market.

Malaysian developers look beyond home turf

The limited amount of land available in Penang, Malaysia is driving a local property developer and his colleagues to seek opportunities in other Asean countries, particularly Thailand, Myanmar and Laos.

Penang property prices soar

Asia One 18.10.2012
Penang property prices soar

PETALING JAYA, Malaysia - Property prices have shot up by about three-fold in Penang because of an increase in surcharges imposed by the Pakatan Rakyat-led government, claimed a former council official.

UAE investors keen on luxury real estate in Malaysia

UAE-based Tasweek Real Estate Development and Marketing is forging into the Malaysian real estate market with its joint venture with Casabrina Vacation Villas. The aim is to development, own, operate and market luxury properties in Malaysia to potential investors from the Middle East.

Malaysian property tax 'may be extended'

Property Showroom 26.09.2012
Malaysian property tax 'may be extended'

There is the possibility that the Real Property Gains Tax (RPGT) levied by the Malaysian government could be extended when the 2013 budget is unveiled later this week.

Thailand: Southern developer expands into Malaysia

A property developer based in Thailand’s southern province Pattani is planning to develop a condominium and community mall complex in Malaysia in mid-2013, according to The Nation.

PROPERTY: Mom splurges on $ 1.37 mil condo as investment for son

SINGAPORE - A 56-year-old retiree told The Straits Times she bought a $1.37 million three-bedroom apartment for her son as an 'investment'.

Malaysians top foreign private-property buyers here

Malaysians have replaced the Chinese as the largest group of foreign private-property buyers in Singapore, the latest data showed as foreign home purchases saw a strong 73 per cent rebound of 611 units in the second quarter of this year from the previous quarter.

Cheap Malaysian Property Riddled With Risks, as Singapore Investors Find Out

Singaporean Deepak Gurnani has spent the past couple of years trying to recover an investment gone wrong in Malaysia. The 51-year-old businessman spent $66,000 on a property in the popular beach destination Port Dickson, Malaysia in 1993. It functioned as a fuss-free home away from home until two years ago, when the developer defaulted on the payment of the property’s maintenance fees.

Malaysians pip Chinese in S'pore property scene

SINGAPORE - Malaysians have emerged as the biggest foreign buyers of Singapore residential property, outpacing those from China.

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