News & Opinions

Malaysian Real Estate Tycoons: Yeoh Tiong Lay

Yeoh Tiong Lay’s 60-year-old YTL Corp. boasts $5.3 billion in annual revenue and interests in utilities, hotels and property development, including a 2,000-acre land bank in Malaysia. Now run by his eldest son Francis, YTL Corp. owns PowerSeraya, Singapore’s second-largest power plant, and co-owns the Eastern & Oriental Express, the luxury train that runs from …

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Global House Price Index Q4 2014 – Q1 2015

Malaysia sits at the 12th spot with property prices up by 7%. That’s a few notches higher from last year’s 2.5%. The Knight Frank Global House Price Index established in 2006 allows investors and developers to monitor and compare the performance of mainstream residential markets across the world. The index is compiled on a quarterly …

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*Property Price Cap on Foreigners Buying in Selangor

A new set of property buying rules that affect foreigners, permanent residents (PR) and foreign companies was recently established in the state of Selangor. Before  Jan 1, 2014 After  Jan 1, 2014 Effective Sept 1, 2014  Residential Properties Zone 1 and Zone 2   RM 500,000  RM 1,000,000  RM 2,000,000  Zone 3 (limited to strata …

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