The investment bank says the ongoing rebound signals a new upcycle in Hong Kong home prices (Getty Images)
A rebound in Hong Kong’s housing market leads today’s look at real estate headlines from around Asia Pacific, with a top US investment bank predicting brighter days in the financial hub. Also making news are an Orchard Road opportunity in Singapore and plans for an AI data centre in Korea.
Morgan Stanley Predicts Hong Kong Home Prices Will Rise 10% in 2026
Morgan Stanley upgraded Hong Kong’s property sector to “attractive”, noting that an all-round improvement in the city’s economy and a policy-driven recovery will continue to push prices higher this year.
The US investment bank forecast home prices to rise about 10 percent in 2026, with further gains expected in 2027, pointing out that the ongoing rebound marks the start of a new upcycle. Read more>>
Orchard Road Project on the Market at $326M in Singapore
The residential component of Singapore’s The Centrepoint, along with about a third of the Orchard Road development’s retail units, have been put up for sale at a guide price of S$418 million ($326.4 million).
The 66 apartments and 66 retail units to be sold en bloc sit on an L-shaped plot with 52 years left on its 99-year lease. The remaining 151 retail units at The Centrepoint are on a freehold plot mostly owned by Frasers Property and located in front of the leasehold portion now being put up for sale. Read more>>
Samsung SDS Announces Plan to Invest $295M to Build AI Data Centre
Samsung SDS announced on 2 January that it will sign an agreement this week for construction of an AI data centre on the site of a Samsung Electronics manufacturing facility in Gumi, South Korea.
The company says it plans to invest KRW 427.3 billion ($295 million) to build the facility, targeting a 2029 completion date. Samsung SDS expects to invest an additional KRW 400 billion to fit out the facility, including computing equipment and other elements of the project. Read more>>
Development Victoria Appoints Local:Residential for Melbourne Project
Local:Residential announced this week that it has been appointed by Development Victoria to deliver the third and final phase of a development project in Melbourne’s inner north area.
The Macquarie Asset Management-backed rental housing specialist has been selected to deliver 360 new homes on Parcel A of the former industrial site, with the overall precinct now expected to add 1,400 homes to Melbourne’s housing supply. Read more>>
Wee Hur Breaks Ground on Singapore International School
Property group Wee Hur is gearing up for “a year of execution” as it builds a pipeline of new projects, starting with the Wycombe Abbey School (Singapore) in Hougang Avenue 3.
At the groundbreaking ceremony for the school on Tuesday, chief investment officer Goh Wee Ping said the project marked a significant milestone for the group, with the company also launching its third fund, the single-asset WHF3A, which was set up for a purpose-built student accommodation project at Grenfell Street in Adelaide, Australia. Read more>>
Hong Kong Retail Podium Back on the Market for $38.5M
A retail podium on Nathan Road in Hong Kong’s Yau Ma Tei area is back on the market at an asking price of HK$300 million ($38.5 million) as investors continue to dispose of distressed commercial assets in the Asian financial hub.
Colliers announced this week that it has been appointed by receivers for the disposal of the streetfront property at 525-543A Nathan Road, with the assets having previously been made available through an earlier tender in 2023. Read more>>
GuocoLand Opens Lentor Modern Mall in Singapore
GuocoLand has announced the opening of the Lentor Modern mall in the Lentor Hills estate. Spanning 90,000 square feet (8,361 square metres), the mall includes anchor tenants Cold Storage Fresh and Mulberry Learning pre-school, alongside dining, lifestyle and essential services catering to residents of Lentor Hills and the surrounding areas of Ang Mo Kio, Springleaf and Bright Hill.
The mall is the retail podium of GuocoLand’s integrated mixed-use development Lentor Modern, which also includes three 25-storey towers housing 605 residences. The development is connected to the Lentor MRT station on the Thomson-East Coast Line. Read more>>
Only 10 Mainland Developers Reached $14B in Sales in 2025
China’s top real estate developers continue to shrink, according to industry data. The number of mainland developers achieving annual contracted sales of at least RMB 100 billion ($14 billion) dropped to just 10 in 2025 from a peak of 43 in 2020, research firm China Real Estate Information Corporation said in a report.
Among the top 10 developers, only one, China Jinmao Holdings, reported year-on-year growth in sales, according to CRIC. Read more>>
Tune in again soon for more real estate news and be sure to follow @Mingtiandi on X, or bookmark Mingtiandi’s LinkedIn page for headlines as they happen.
Leave a Reply