Asia real estate and outbound investment news
A flash estimate by the Singapore government has shown a 1.2 percent decline in the private residential property index, with experts predicting home prices to fall further as the city enters its first recession in two decades.
The Urban Redevelopment… Read More>>
Singapore developers, REITs and property analysts have thrown support behind the city’s new Resilience Budget, a S$48.5 billion ($34 billion) COVID-19 stimulus package that includes a 100 percent property tax rebate for qualifying commercial properties.
Minister for Finance Heng Swee… Read More>>
Sunac China has declared an increase in annual profit of more than 57 percent, as the Tianjin-based developer capitalized on credit made available by Beijing to grow during an economic downturn.
In a report on Friday to the Hong Kong… Read More>>
Soho China, a mainland developer reported to be the subject of buyout talks with US giant Blackstone, reported a 31 percent drop in profit from its core business in 2019, citing lower revenue after the company had sold off assets… Read More>>
The COVID-19 pandemic continues to batter Hong Kong real estate, with rents in the world’s most expensive office spaces suffering the steepest month-on-month drop in more than a decade, according to a report this week by JLL.
The property consultancy… Read More>>
