News by RACHEL CHEW

A survey by Australian property investment portal Investorist showed that China’s property investors have raised their average budget for foreign property purchases to US$500,000 (RM2.04 million) this year, compared with just under that amount last year.

The East Coast Economic Region Development Council (ECERDC) aims to build a heritage waterfront city in the Kuala Terengganu City Centre (KTCC), a new hub which spans Kuala Terengganu and its nearby districts.

In 1995, Alex Lee graduated from an advertising course from a local college but, he has never worked a day in the advertising industry.

Self-service storage (self-storage) is a relatively new concept in Malaysia. The service offers storage spaces ranging from as small as a locker to a substantial room size.

Malaysia and Singapore were the sixth most preferred property investment countries for China investors in 2015, ahead of Japan (seventh) and Hong Kong (eighth), according to Australian property investment portal Investorist.

Investors have to study the location, the developer and the future growth potential of a property or project before buying.

Key takeaways from The Edge Investment Forum on Real Estate 2016

Sold for: RM1.114 million (RM593 psf); Concluded by: Sophia Loh from Hartamas Real Estate (OUG) Sdn Bhd (012-394 2683); When: April 2016

Themed "Riding out the storm: Pitfalls to avoid", the forum was held at Sunway Putra Hotel, Kuala Lumpur today. REIF2016 was presented by Sunway Property and supported by TheEdgeProperty.com.

No matter if times are good or bad, there are always opportunities in the real estate industry, be they physical assets, stocks or REITs, depending on one’s risk appetite, according to industry experts.