Berjaya Land Tells China Firm to Pay Up RM601mil or Be Dragged to Court Over Great Mall Recreation Center Disposal
Berjaya Land (BLand), one of Malaysia’s biggest real estate groups, has officially asked for remaining amount owed by a Chinese firm for the RMB2.04 billion sale of Berjaya (China) Great Mall Recreation Centre.
Continue Reading • 12 Dec 2017
Malaysians are Moving to China for Property Investments
Domestic firms here are expected purchase RM6.3 billion worth of real estate in China at the upcoming Belt and Road Property Development Forum in Chengdu 13-14 January 2018.
Continue Reading • 26 Oct 2017
Foreign Projects Boosting IOI Properties’ Revenue
IOI Properties Group Berhad (“IOIPG”), recorded a revenue of RM1,195.3 million for Q4 2017 which is RM303.6 million, thanks to foreign investments in China and Singapore.
Continue Reading • 5 Sept 2017
Malaysia is Still Top Property Hotspot for China, the Chinese Accounts for 35 percent of all Foreign Transactions
Malaysia remains a top property hotspot for the Chinese even though overseas real estate investment by this group slumped by 82.1 percent in H1 2017 based on data from the Commerce Ministry.
Continue Reading • 31 Aug 2017
Malaysia Turns to China’s Arms as Chinese Investments Mount
With many Chinese firms investing in multi-billion ringgit projects in Malaysia, the federal government is more likely to purchase military weapons and equipment from China.
Continue Reading • 22 Aug 2017
Property Market to Get Boost from One Belt One Road
Malaysia’s property market is anticipated to benefit over the long term from Beijing’s One Belt One Road (Obor) initiative, according to Orkney Holdings Executive Chairman Rafiq Jumabhoy .
Continue Reading • 18 Aug 2017
Malaysia on the Radar of Chinese Buyers
Malaysia emerged as the second most popular market in Southeast Asia for would-be buyers from China in the first half of this year, reported the Phuket News.
Continue Reading • 14 Aug 2017
PM: Turning Away Chinese Investments is Not Good for Malaysia
Prime Minister Datuk Seri Najib Razak believes that turning away foreign direct investment (FDI) from China – as some politicians have suggested – would make no economic sense for Malaysia.
Continue Reading • 9 Aug 2017
Forest City Looks Beyond China for Buyers
With Chinese buyers hit by Beijing’s restrictions on money outflows, the developer of the US$100 billion (RM428.05 billion) Forest City project in Johor plans to woo clients from other countries, particularly those in Asia.
Continue Reading • 9 Aug 2017
Chinese-Funded Projects Could Influence Next Election
Property and infrastructure projects significantly funded by the Chinese could impact Malaysia’s next general election, which could be called later this year or by 2018.
Continue Reading • 7 Aug 2017
Malaysia Receiving Floodgate of Chinese Investors, Knight Frank
Property consultancy Knight Frank has observed an influx of Chinese investors interested in Malaysian properties.
Continue Reading • 21 Jul 2017
Sabah Developers Hit by China’s Currency Transfer Rules
China’s policy on overseas currency transfers is hurting some property development projects in Sabah.
Continue Reading • 4 Jul 2017
Iskandar Population Can Handle Thousands of New Houses
Despite fears over an oversupply of houses, the Iskandar Regional Development Authority (IRDA) believes that Iskandar’s future population would be able to absorb the large number of residential properties being built.
Continue Reading • 22 Jun 2017
Knight Frank Launches Asia-Pacific Residential Review
Knight Frank, the independent global property consultancy, today launches the May 2017 issue of Asia-Pacific Residential Review, tracking cross-border residential land acquisition activity in Asia-Pacific.
Continue Reading • 6 Jun 2017
Knight Frank Launches Q1 2017 Prime Global Cities Index
Knight Frank, the independent global property consultancy, launches the Q1 2017 Prime Global Cities Index, which tracks the performance of luxury residential prices across key global cities on a quarterly basis.
Continue Reading • 30 May 2017
UEM Sunrise Grateful for Limelight from Forest City
While the influx of major home builders from China has rattled some local developers in Johor, Malaysia, UEM Sunrise is thankful that this has boosted the popularity of its brand.
Continue Reading • 24 May 2017
Expert Questions Need for Foreign Master Developers
One reason why the government wants major multinational companies to undertake the master planning of large-scale developments is that these firms are capable of attracting big names to ensure the success of these projects.
Continue Reading • 15 May 2017
EPF Sells London Property to Chinese Estates for RM1b
EPF has divested an office building in London to Hong Kong-based developer Chinese Estates Group for £175 million (RM983.97 million).
Continue Reading • 11 May 2017
China’s Capital Controls Hit Sales at 8Kia Peng Condo
I-Bhd’s Deputy Chairman Datuk Eu Hong Chew revealed that they plan to target buyers from other countries as sales to Chinese buyers have been impacted by Beijing’s restrictions on capital outflow, reported the Sun Daily.
Continue Reading • 5 May 2017
Forest City to Allow Refunds for Chinese Buyers
Country Garden, the developer of the Forest City project in Johor, has promised to give back the money paid by home buyers from China who have been negatively affected by the central government’s measures on capital outflows.
Continue Reading • 6 Apr 2017