Millionaires are cordially invited to purchase mansions in Malaysia

Article Abstract:

Sales have been brisk for the Cahaya project in Kuala Lumpur, Malaysia, of real estate developer Effendi Norwawi, which he touts as the country's version of Beverly Hills. Thirty-five buyers have signed purchase agreements for homes priced as high as $2.4 million, paying a 10% deposit on the houses' full cost. Twenty-nine have paid $39,700 for reservations. The project reflects the proliferation of millionaires in Malaysia during its economic boom, as Encorp, the company that is developing Cahaya, has a list of 2,00 potential buyers of the multimillion dollar homes.

Single Family Housing Construction, Single-family housing construction, 1-Family Housing, Management, Purchasing, Residential construction, Malaysia, Real estate development, Single family housing, Mansions, Encorp Inc.

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Two developers in Hong Kong offer buyers incentives

Article Abstract:

Hong Kong real estate developers Henderson Land Development Co. and Sun Hung Kai Properties Ltd. have offered attractive promotions respectively in attempts to spur interest in a lackluster home market. Henderson Land has offered to reduce the amount of the loan that a home buyer has to repay to the developer, if the market price of a new home falls below the price paid by the home buyer within two years. On the other hand, Sun Hung Kai has offered to HK$5,000, to any owner or resident of home properties developed and managed by the firm, who refers a buyer.

Comment:

Has offered to HK$5,000, to any owner or resident of home properties developed and managed by the firm, who refers a buyer

Marketing procedures, Henderson Land Development Company Ltd., Sun Hung Kai Properties Ltd., Article

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Seeking plans for a villa

Article Abstract:

Pearl Oriental Cyberforce Ltd. is calling for tenders for luxurious property redevelopment on Hong Kong's Peak. The "Skyhigh" property will be redeveloped into five separate houses.

Facilities & equipment, Real estate developers, Buildings and facilities, Pearl Oriental Cyberforce Ltd.

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