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.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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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
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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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.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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