KUALA LUMPUR (Aug 22): China property developer Country Garden Holdings Co Ltd reported a record high six-month net profit as business in smaller cities continued to boom, according to a Reuters report today.
KUALA LUMPUR (Aug 4): Country Garden Holdings will find it hard to match last year’s home sales at its Forest City development in Johor following China’s curbs on outbound investment, a top executive told Reuters today.
KUALA LUMPUR (July 20): Country Garden Holdings sold up to US$600 million (RM2.
PETALING JAYA (June 23): It looks like Beijing’s capital controls could threaten to derail residential property sales around the globe that has been fuelled by buyers from China.
JOHOR (June 22): Country Garden Pacificview announced on June 20 that the US$280 million (S$389.
“Invest in the next Shenzhen” and “Right next to Singapore” are some of the taglines used by China-based developers to promote their property projects in Johor Bahru and Iskandar Malaysia.
With a gross development value exceeding RM100 billion over 20 years, Forest City by Country Garden Holdings Co in Johor boasts of being the largest mixed-use green development in Southeast Asia.
Property transactions are down, office occupancies are down, unsold units are up — things certainly didn’t look good in 2016, according to the Malaysian Property Market Report 2016 released by the Valuation and Property Services Department (JPPH) early this week.
PETALING JAYA (April 6): Hong Kong-listed Country Garden Holdings Co Ltd has received enquiries from 60 buyers in China who have expressed their intention to cancel their bookings for units at the Forest City development in Johor.
KUALA LUMPUR (April 5): Country Garden Holdings has announced it will refund money to mainland Chinese buyers of its mega Forest City development in Johor.
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