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Richard Meyer

Ravi Menon MAS

Singapore Hikes Stamp Duty by Up to 50% After 9% Jump in Home Prices

2018/07/07 by Richard Meyer Leave a Comment

Singapore increased the Additional Buyer’s Stamp Duty (ABSD) and lowered Loan-to-Value (LTV)  limits on Thursday, slamming the brakes on its housing market after statistics released earlier in the week showed home prices having jumped nine percent in the past 12… Read More>>

Mapletree Ng Kiat

HNA Sells Five Singapore Warehouses to Mapletree Logistics Trust for $535M

2018/07/05 by Richard Meyer Leave a Comment

A unit of HNA Group has agreed to sell a set of five Singapore warehouses to Mapletree Logistics Trust for S$730 million ($535 million) less than seven months after acquiring the assets, according to an announcement by Mapletree on July 5th.

… Read More>>

Chow Pui Yin Lofter

Hong Kong’s Lofter Group Bets HK$500M on Developing Grade A Offices in Kowloon

2018/07/05 by Richard Meyer Leave a Comment

Hong Kong’s world leading office rents are leading to conversion of more of the city into places to park desks and monitors as well as to greater opportunities for fund investors to profit from turning aging industrial and residential space… Read More>>

Kwek Leng Beng

Hong Leong Wins Hillview Rise Site in Western Singapore for S$460M

2018/07/04 by Richard Meyer Leave a Comment

Singapore’s Hong Leong Holdings has set a new record for purchases of government land sites in western Singapore after the privately held property arm of Hong Leong investments agreed to pay S$460 million ($338 million) for a plot in the… Read More>>

Lim Eng Hwee URA

Singapore Home Prices Jump 9% in 12 Months — Set for Double-Digit 2018 Increase

2018/07/03 by Richard Meyer Leave a Comment

Singapore residential prices rose nine percent on year and are close to all-time highs, according to a flash second-quarter price report issued by the city’s Urban Redevelopment Authority (URA) on July 2nd.

The latest jump in home prices moves the… Read More>>

Martijn Roordink Spaces

Spaces Kicks Off Nine-Fold Expansion in Singapore Co-Working Centres

2018/07/02 by Richard Meyer Leave a Comment

Co-working provider Spaces is opening five new locations in Singapore by the end of next year, taking its holdings in the country from a single site to half of a dozen shared office centres as rising rents and changing work… Read More>>

Lim Eng Hwee URA

3.7 Hectare Singapore Project Receives Seven Bids

2018/06/24 by Richard Meyer 1 Comment

Singapore has closed a tender on one of the largest sites ever marketed by the government, with seven bids received for the commercial-residential property amid healthy sector interest and a spate of land sales.

The 3.73 hectare (9.19 acre) Sengkang… Read More>>

Kunihiko Okumura LaSalle

LaSalle Takes $1.2B Asia Fund to Disneyland for Tokyo-Area Hotel Buy

2018/06/20 by Richard Meyer Leave a Comment

LaSalle’s latest Asia opportunity fund has acquired a hotel near Tokyo Disneyland. The real estate investment group announced the investment in the 216 room, eight-storey asset as an opportunity to profit from a Japanese tourism boom as inbound traveller numbers… Read More>>

Chua Thian Poh Ho Bee

Singapore’s Ho Bee Land Buys London Office Block for £650M

2018/06/19 by Richard Meyer Leave a Comment

Singapore’s Ho Bee Land has agreed to acquire a property in London that increases its already sizeable holdings in the European financial capital by about 50 percent.

The £650 million ($864 million) acquisition of Ropemaker Place, a 21-storey office building,… Read More>>

CapitaLand Hires Apollo’s Caleb Shen to Boost Fund Management Business: Exclusive

2018/06/19 by Richard Meyer Leave a Comment

The fund management division of Southeast Asia’s largest real estate firm continues to build up its team, with CapitaLand Investment Management (CLIM) having added a former Apollo Global Management partner to its leadership this week, according to an internal memo… Read More>>

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