Category: Property Developers & Off-Plan

Top 10 Property Developers in Malaysia: A Complete Guide

Posted on by Marcus Sohlberg — 3 Comments

Suggestion: Watch the 5 minutes video tutorial before reading this article

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Foreign investors primarily look for big and reputable developers when buying overseas property.

The Chinese, for example, are known for doing much research about developers before even visiting a country.

Truth be told, failing to do enough research can result in late completions, quality issues, or that the developer runs into financial problems. Not to forget, developers have their own unique style and brand names.

Fortunately, you can find plenty of internationally recognized developers in Malaysia.

Many have dozens of projects completed and are in the process to complete modern infrastructure projects, big innovative projects and mega housing complexes.

In this article, I’ve listed some of the biggest and most popular property developers in Malaysia.

1. Eco World Development Group

EcoWorld Development Group was not known to many Malaysians a decade back. That said, it’s seen tremendous growth over the past years and is now a big award winning developer in Malaysia.

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Top 14 Real Estate Developers in the Philippines

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We’ve seen a big increase of prime real estate in the Philippines recently. Many local developers build these projects and target foreign buyers aggressively.

In fact, nowadays developers often hire in-house sales persons to bypass estate agents. They have good connections with banks, property lawyers, and can sometimes even offer help with financing.

That said, it’s important that you get a good knowledge about local property developers beforehand, before buying off-plan. Late completions and quality issues are just a couple of problems you might come across if not doing enough research.

In this article, I’ve listed some of the biggest and most popular property developers in the Philippines.

1. Ayala Land, Inc.

Ayala Land, Inc. is one of the biggest real estate developers in the Philippines, with its headquarter located in the famous business district, Makati.

It’s a real estate division of Ayala Corporation, which is a century-old company, but have operated independently since 1988. So, they have a long history and experience under their belt.

In 2016, it was the second largest developer in terms of yearly revenue and its net income reached around PHP 21 billion (USD 400 million). That’s a 15% increase compared to 2015.

Property types

Ayala Land is involved in land bank management, build and manage shopping centers, hotels, and resorts.

Maybe most importantly, they also build plenty of residential buildings, focusing on condominiums and housing projects.

Current projects

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Top 11 Property Developers & Real Estate Companies in Bangladesh

Posted on by Marcus Sohlberg — 6 Comments

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Being one of the fastest growing countries in the world, and a member of Next Eleven, Bangladesh is attracting more attention and interest from investors overseas.

The country is becoming on par with India in terms of economic rise, something that will naturally gain the real estate industry long term.

If you plan to buy property in Bangladesh you’ll find a number of local developers in Bangladesh, but rarely exhaustive and summarized information about them.

Therefore, I’ve written this article where I present some of the top developers in Bangladesh.

1. Building technology and ideas Ltd.

Building Technology and Ideas Ltd., also known as BTI, is one of the leading and biggest real estate developers in Bangladesh. The company established in 1984, at a time when there were only two other real estate developers in the country.

The company was also among a few that established REHAB – the Real Estate Housing Association of Bangladesh, making them pioneers in the industry. They’ve completed hundreds of apartment projects in the last three decades, out of which 13 were completed in 2017.

The head office of the company is based in Dhaka, but they also have an additional office in Chattogram. Property types include mostly apartments under different collections like luxury, classic, and standard apartments.

Most of their projects are small-scale projects containing 10-20 apartments on average. For now, they develop projects in two cities, namely Dhaka and Chattogram. BTI has won several awards in the last few years and achieved an ISO 9001-2008 certification.

In addition to property development, they offer other real estate services like interior design, property rentals, corporate services, and contractor.

Projects

On average, BTI develops more than a dozen new projects a year, mostly apartment buildings. Some of their recent projects are listed below:

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Top 9 Property Developers & Real Estate Companies in Sri Lanka

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Sri Lanka’s property market has grown much the past years, so much, that government officials are afraid that we will see a new bubble burst in 2020-2022.

Everything from condo buildings to commercial properties are being built, and there are a number of local developers operating in the country. But you rarely find summarized information about the top developers.

In this article, you’ll learn more about some of the top residential property developers in Sri Lanka, who their founders are, what properties they build, what projects they manage, and more. Let’s have a look.

1. Blue Ocean Group of Companies

Blue Ocean Group of Companies is a big and diversified international business conglomerate based in Sri Lanka. They’re a leading real estate developera in the country, but also offers services in different sectors include trading, engineering, education, logistics, garments, construction of government infrastructure projects, and corporate consultancy.

The founder and the chairman of the company is Mr. Sivarajah Thumilan. He’s a graduate from the UK, with degrees in ACCA, CPA, and FMAAT from universities in UK, Australia, and Sri Lanka.

In total, they own more than 40 different companies and subsidiaries, out of which 16 works in the real estate sector. Some of their well-known companies and subsidiaries working in the real estate industry are listed below.

  • Blue Oceans Residences (Pvt) Ltd.
  • Blue Ocean Realty (Pvt) Ltd.
  • Blue Ocean Breeze (Pvt) Ltd.
  • Link Realty (Pvt) Ltd.
  • Alconn Construction (Pvt) Ltd.
  • Blue Ocean Real Estate (Pvt) Ltd.
  • Link Real Estate (Pvt) Ltd.
  • Link Capital (Pvt) Ltd.

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Top 9 Property Developers in Myanmar: A Complete Guide

Posted on by Marcus Sohlberg — 8 Comments

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Being a military junta for decades, Myanmar opened up to the rest of the world very recently. Not surprisingly, it’s not the easiest place to do business or buy real estate in Asia. Hopefully, things will change over the years.

Still, Myanmar is an untapped frontier market with lots of potential, a reason why property buyers and investors alike, turn their eyes to this country.

There are a lot of infrastructural investment going on in Myanmar, and many new properties in the pipeline. But it’s not easy to find summarized information about the developers, operating in the country.

Therefore, I’ve written this article where I list some of the biggest and most reputable property developers in Myanmar.

1. Marga Group

Marga Landmark Development Co. Ltd is the real estate wing of the Marga Group, one of the largest conglomerates in Myanmar. Marga Group is an international corporation that owns several subsidiaries, working in real estate and the telecommunication sector in Myanmar.

Marga Landmark Development focuses on mixed-use and high-end property developments. The company is based in Yangon, the founder and the chairman of of the company is Dr. Stephen Suen, who has more than three decades of experience in real estate, management, telecommunication, and finance.

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Top 10 Property Developers in India: A Complete Guide

Posted on by Marcus Sohlberg — 4 Comments

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India grows with a rapid pace and has one of the most interesting real estate markets, together with Vietnam, according to PWC. This is mainly thanks to long-term economic growths and a shift in manufacturing trends in the region.

Not surprisingly, this also means more work for local and international real estate companies and developers. And of course more and more property investors turn their eyes to these countries. In this article, I list some of the top real estate builders in India.

1. Godrej

Founded in 2010, Godrej Properties is a subsidiary of Godrej Industries Limited, or Godrej Group, one of the biggest business groups in India, headquartered in Mumbai. Godrej Group owns several subsidiaries, mainly in the manufacturing industry, while Godrej Properties serve as their real estate wing.

Adi Burjorji Godrej founded the company, he’s a well-known industrialist and businessman in India. With a net worth of $2.9 billion, he ranks among the wealthiest persons in India.

He has also won several awards, including Business Leader of the Year Award in 2014 by All India Management Association and The Asian Awards Entrepreneur of Year Award in 2013.

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Buying Off-Plan Property in Vietnam: A Foreign Buyer’s Guide

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According to the Law on Housing, which took effect from 2014 foreign individuals are eligible for ownership if they are allowed to enter Vietnam. You only need a tourist visa to buy, it’s simple as that.

As you can see, Vietnam’s property market opened up very recently. This in combination with the country’s rapid economic growth makes Vietnam one of the top spots for foreign investors. You can buy, rent, receive or inherit ‘commercial’ housing, including condos and detached houses in projects of housing construction.

However, before you buy, it’s important that you study the buying process and payment schemes well in advance, as these might differ quite much compared to home. Therefore, I’ve written this guide where I explain the following:

  • Process when buying off-plan
  • Information about payment instalments
  • Other useful information

Process when buying off-plan property in Vietnam

Below I’ve included a step-by-step guide when booking and paying for an off-plan property in Vietnam.

1. Get in touch with a real estate agent

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Top 10 Property Developers in Dubai: The Ultimate Guide

Posted on by Marcus Sohlberg — 2 Comments

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Dubai’s property market is one of Asia’s most volatile and we’ve seen many ups-and-downs since the early 2000’s. In 2002, the government introduced new property regulations making it remarkably easier for foreigners to invest in property.

The market exploded and in 2006 almost 25% of all cranes in the world were allocated to Dubai for construction purposes. Just a couple of years later, Dubai took a hard hit from the subprime crisis and local expats with heavy debt burdens even fled the city.

Selecting a credible developer with sound financial results and a proven track record couldn’t be more important in such a volatile and competitive market.

Dubai is the home of hundreds of developers where the biggest mostly operate in multiple industries, are backed by large conglomerates, or founded by wealthy locals.

You must do a thorough background-search about each developer, before you commit to an investment. To give you a helping hand, I’ve written this article where I list some of the biggest property developers in Dubai.

1. Deyaar

Deyaar was founded in 2002 and has emerged as one of the leading property development companies in the last decade. Deyaar offers its services under four different business units that include: Continue reading Top 10 Property Developers in Dubai: The Ultimate Guide

Buying Off-Plan Property in Perth: By Amanda Gauci

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Perth is the capital and the biggest city of the Australian state of Western Australia. Being the 4th most populous city, Perth offers a great quality of life with white beaches and property prices that are not as propped up compared to Melbourne and Sydney.

Interestingly, the distance to Jakarta is shorter than if you would travel from Perth to Sydney or Melbourne, giving you more proximity to the rest of Asia.

Off-plan property is a preferred choice when foreigners invest in Perth and Australia, a reason why I decided to invite Amanda Gauci, the founder and managing director of Pulse Property Solutions, a boutique property development company located in Perth.

Today she will explain about:

  • Perth’s property market
  • The process when buying off-plan property
  • Benefits of buying in Perth
  • Interesting projects built by Pulse Property Solutions, including illustrations

Welcome Amanda, first, can you please tell us a little bit more about yourself, your history and how Pulse Property Solutions helps foreign buyers to buy off-plan in Perth?

I founded Pulse Property Solutions ten years ago with my family with the aim to create unique boutique developments that people love living in. I come from a business and marketing background which provides a unique approach to development and design.

I’m passionate about the development industry and am part of the HIA Environment, Planning & Development Committee and a board member of Entrepreneurs Organisation Perth.

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Buying Under-Construction Property in Malaysia: A Complete Guide

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Under-construction and off-plan property are preferred choices when foreigners decide to invest in real estate in Southeast Asia. There are both benefits and drawbacks when going for this option, the buying process is also somewhat different.

I often receive questions related to the buying process, financing, payment schedules and taxes for these kind of properties, but it can be difficult to find summarized information about these items. In this article you will learn the following for under-construction property:

  • The buying process
  • Financing
  • Payment schedule
  • Legal fees and stamp duty
  • Procedure of the SPA (Sales and Purchase Agreement)

Buying process for under-construction property

a. First of all, you need to find a handful of properties, shortlist them and choose a property

b. You pay a booking fee to enter into the buying process. There is no fixed amount, as the booking fee is decided by the developer. Generally, it’s 2% of
the purchasing price but can be any other amount

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