I-Berhad, a Malaysia-based developer, is expanding its operations beyond the MYR4 billion (USD1.2 billion) i-City development in Shah Alam. The company has purchased a 0.40 ha plot in close proximity to the Kuala Lumpur City Centre for MYR132 million (USD42 million). I-Bhd plans to develop a new luxury condominium project named Grand i-Residence. The development [...]
In part two of a legal Q&A on estate rules, we address buy-to-let issues in Hong Kong and strata living matters in Singapore.
Located in an upscale residential area of Kuala Lumpur, The Westside One tower occupies a 4.23 acre freehold territory. Created in contemporary Western architectural style, the facility features 388 units scattered across 40-storey tower. Each floor has four elevators and nine apartment units. One-, two- and three-bedroom apartments vary in size from 90 sqm to [...]
Starwood Hotels&Resorts has recently launched Sheraton PhanburiVillas, a new addition to the vibrant resort scene in HuaHin. Located on the waterfront, the property offers 55 one- and two-bedroom villas with private swimming pools, sun lounges and walled gardens. Villas are built in traditional Thai architectural style, and have sunken outdoor bathtubswith lotus ponds and garden [...]
One of Singapore’s wealthiest families recently announced plans to enter India’s high-end property market. The Jumabhoy dynasty, now in its third generation, have floated a Indian real estate company Raffles Residency Pvt Ltd toconstruct Raffles Park in Whitefield development, situated in the heart ofIndia’s IT capital Bangalore The development, which will reportedly cost an estimated [...]
Mayborne Hotel Group announced the opening of its new Opus Suite at The Berkeley in London. Designed by Andre Fu, a world-renowned architect from Hong Kong, the Opus Suite occupies 278 sqm on the fourth floor of the five-star hotel, and has a spacious floor plan with floor-to-ceiling windows that bathe the suite in natural [...]
A single-family villa on Vietnam’s Con Dao island recently entered the market for USD1.7 million. The three-bedroom villa is based on a private beachfront territory. According to the developer, the layout of the development is designed to compliment the natural surroundings and the unique flora of the island, adding that property embraces the latest in [...]
CEL Development this week launched its latest mixed-use project Nine Residences & Junction 9 in Singapore. Located at the intersection of Yishun Ring Road and Yishin Ave 9, the development is set to comprise a new shopping mall, two condominium towers and six townhouses. The residential are of the project will, according to the developer, [...]
Thai developer KPN Group Corporation recently announced plans to develop a luxury condominium project worth THB2.7 billion (USD86 million) in the Thai capital’s prestigious central business district. The 38-storey Diplomat Sathorn development is set to feature 192 units ranging in size from 40 to 203 sqm, with a starting price of THB200,000 (USD 6,340) per [...]
The Trump Hotel Soho in New York City is offering its Presidential Penthouse up for sale for the first time, with an asking price of USD50 million. The Trump Hotel’s 46-storey tower,developed with Sapir Organization and Bayrock Group LLC, is located in the tony neighbourhood of Soho, and the penthouse spans the top two floors—a [...]
The Peninsula hotel has announced the sale of 39 residential units in its Shanghai property. This is the first time the iconic hotel company has offered units for sale. The over-saturation of the high-end hotel industry in Shanghai caused an eight percent drop in room rates in 2012. Even though the situation stabilized this year, [...]
IJM Land Berhard, a Malaysia-based real estate firm, is set to expand its operations in the British capital London. The company’s new real estate project, the Royal Mint Gardens, in downtown London is estimated to be worth GBP200 million (USD320 million) and is set to comprise 254 residential units, ranging in size from 35 sqm [...]
Seven recently launched beachfront pool villas on Koh Samui offer buyers contemporary island living facing the soft, sandy expanse of Laem Noi Beach. Beyond design-led chic, the team members were on a personal mission to create an impressive balance between form and function.
Bangkok-based developer Pruksa Real Estate will begin construction on its latest luxury residential project The Reserve on Kasemsan 3 this November. Located close to the city’s central business district, in addition to major landmarks Siam Center and Chulalongkorn University, units at the project will start from THB4.5 million (USD141,500), The Nation reported. The seven-storey development [...]
A luxurious 1,384 sqm villa that was featured in a 2007 issue of Architectural Digest is listed for sale in Chiang Mai, Thailand. The owner expects to sell it for no less than THB 763,000 (USD 23,800) per sqm. Bill Bensley, a prominent architect, designed the entire villa and its surroundings. The genius of his [...]
The 36th edition of the Festival de la Plaisance takes place in Cannes this week with luxury boats of all sizes and designs attracting the world’s wealthy to the French Riviera until 15 September.
Rolls-Royce recently opened their first ever boutique showroom in Bangkok’s luxury shopping mall, Siam Paragon.
As I sit down to write about the trends in the property market we will see in 2013, the Singapore government has announced the seventh round of cooling measures, which look more like a killing measures. The reason for the draconian measures is obvious. Southeast Asia remains the darling of the world’s investors and one of the few markets in the world that is [...]
I have spent the last few days in Samui for the island’s 11th annual Samui Regatta. It has been several years since I’ve spent any substantial time on the island from where Property Report used to get much of its content and Ensign Media had one of its original offices. Back then in the boom [...]
Hospitality companies have been trying to tap India’s growing number of high net worth individuals and companies that are willing to pay for premium rooms after the mid-market expansion drive of the last two to three years.