Dubai hotel specialist looking at investment in Asia

Dubai World is ready to take advantage of the global credit crisis to expand its business around the world and it is already looking at India and China.

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TH Properties to provide healthcare at Bandar Enstek
by Kimberg
KUALA LUMPUR: Lembaga Tabung Haji’s property arm TH Properties Sdn Bhd and Primanora Sdn Bhd, will provide healthcare services in its flagship project at Bandar Enstek in Negri Sembilan for the aged and elderly.

“Besides healthcare services, the fi...

Major US developer struggling with international projects seeks funding from ...

A major US developer with a number of prominent international projects is halting, delaying and cutting back because of the financial squeeze.

Dubai's Limitless enters Jakarta re
The global real estate arm of Dubai World, Limitless is making its first foray in the Indonesian real estate sector with a US$1.7 billion, 330,000 sq m mixed-use joint-venture development in Jakarta with Bakrieland Development (BLD).

TH Properties to build township for the elderly
by Kimberg
TH Properties Sdn Bhd has teamed up with PrimaNora Sdn Bhd to develop a RM30 million resort-style township in Bandar Enstek for the aged and elderly.

TH Properties chief executive officer, Zaharuddin Saidon, said the 12-hectare development was expe...

Property prices in Japan fall as more real estate businesses go bust

Property prices in Japan are continuing to fall in price with the retail sector particularly badly hit amid signs that developers are now struggling.

Singapore property fund targets high-end investors
Fancy your own luxurious holiday home but without the hassle of having to take care of its operations and logistics? A new property fund in Singapore, believed to be the first of its kind, will offer you just that.

Urusharta draws foreign buyers
by Kimberg
KUALA LUMPUR: Urusharta Cemerlang Sdn Bhd believes properties in the country are still attractive especially among foreigners, says chairman Tan Sri Zainol Mahmood.

“With strategic location and high quality of materials used, there should be no rea...

Thai banks urged to loosen property lending restrictions

Banks in Thailand are being urged to loosen their home-loan approval conditions including income and employment requirements in order to help the property industry.