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Lavender-Residence

Singapore Home Sales Drop 73% in June on Dearth of New Projects

Lavender-Residence

2023/07/19 by Beatrice Laforga Leave a Comment

After climbing for five consecutive months, Singapore new private home sales plunged to 278 units last month as a dearth of major condo launches dragged deals to their lowest level since December 2022.

Developer sales, excluding executive condominiums, dropped by… Read More>>

After climbing for five consecutive months, Singapore new private home sales plunged to 278 units last month as a dearth … Read more>>>

Xu Jiayin of Evergrande (Getty Images)

Evergrande Posts Long-Delayed Results, Revealing Two-Year Loss of $81B

Xu Jiayin of Evergrande (Getty Images)

2023/07/18 by Christopher Caillavet Leave a Comment

China Evergrande on Monday posted its long-awaited financial results for 2021 and 2022, with the world’s most indebted developer disclosing hefty but narrowing annual losses and paving the way for a potential resumption of trading in its suspended shares.

Evergrande… Read More>>

China Evergrande on Monday posted its long-awaited financial results for 2021 and 2022, with the world’s most indebted … Read more>>>

David Loh Kim Kang Centurion

Singapore’s Centurion Gets Green Light for HKEX Delisting

David Loh Kim Kang Centurion

2023/07/18 by Christopher Caillavet Leave a Comment

The Hong Kong stock exchange has approved the proposed delisting of Singapore-based rental accommodation specialist Centurion Corp.

The HKEX’s listing committee gave the go-ahead last Thursday, Centurion said Monday in a filing. The plan still requires the approval of shareholders… Read More>>

The Hong Kong stock exchange has approved the proposed delisting of Singapore-based rental accommodation specialist … Read more>>>

Ong Beng Seng

Ong Beng Seng Said Back in Singapore and More Asia Real Estate Headlines

Ong Beng Seng

2023/07/18 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore property tycoon Ong Beng Seng is reportedly back in the country after a post-arrest jaunt in Bali and Dalian Wanda spooks markets as it wrestles with an offshore bond nearing maturity. Also… Read More>>

In today’s roundup of regional news headlines, Singapore property tycoon Ong Beng Seng is reportedly back in the country … Read more>>>

ng-kok-song gic

Asia Real Estate People in the News 2023-07-17

ng-kok-song gic

2023/07/18 by Michael Cole Leave a Comment

A senior Singapore investment executive leads this week’s round of personnel moves from around the region with a potential shift from the financial to the political realms. Also making the list, a Shenzhen developer gives his son an upgrade and… Read More>>

A senior Singapore investment executive leads this week’s round of personnel moves from around the region with a … Read more>>>

FEC chairman and CEO David Chiu

Hong Kong’s Far East Consortium Marketing Aussie Ritz-Carltons for Reported $342M

FEC chairman and CEO David Chiu

2023/07/18 by Beatrice Laforga Leave a Comment

Hong Kong-based developer Far East Consortium (FEC) is marketing a pair of newly built Ritz-Carlton hotels in Melbourne and Perth with a combined 462 luxury rooms, testing the strength of a rebound in sales of hospitality assets.

The listed firm… Read More>>

Hong Kong-based developer Far East Consortium (FEC) is marketing a pair of newly built Ritz-Carlton hotels in Melbourne … Read more>>>

320x320 Tech Survey

Tech Survey Gauges AI-Readiness in Asia’s Real Estate Industry

320x320 Tech Survey

2023/07/18 by Michael Cole Leave a Comment

ChatGPT launched in November last year and by January the AI-powered software had become the fastest-growing consumer software application in history, according to figures from UBS, with the rapid adoption of the program raising fresh interest in applying artificial intelligence… Read More>>

ChatGPT launched in November last year and by January the AI-powered software had become the fastest-growing consumer … Read more>>>

Paul MacAndrew IWG

IWG Takes Over Last Ucommune Space in Hong Kong as Four Centres Open

Paul MacAndrew IWG

2023/07/18 by Beatrice Laforga Leave a Comment

Flexible office giant IWG is adding four new centres in Hong Kong after taking over the last location in the city of a one-time Chinese rival to WeWork and launching three new locations on Hong Kong Island.

IWG last month… Read More>>

Flexible office giant IWG is adding four new centres in Hong Kong after taking over the last location in the city of a … Read more>>>

Simei Plot

Singapore URA Adding Sites to Housing Master Plan and More Asia Real Estate Headlines

Simei Plot

2023/07/18 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the Singapore government seeks to beef up public housing supply in an eastern neighbourhood of the island, and Aussie developer Lendlease secures the backing of Japan’s Daiwa House for a build-to-rent project in… Read More>>

In today’s roundup of regional news headlines, the Singapore government seeks to beef up public housing supply in an … Read more>>>

Grand Dunman

SingHaiyi Katong Project Over Half-Sold in Singapore’s Biggest Launch Since 2021

Grand Dunman

2023/07/17 by Christopher Caillavet Leave a Comment

SingHaiyi Group’s Grand Dunman mega development sold more than 520 of its 1,008 residential units at the weekend, the most for any Singapore project launch in over two years.

The city-fringe condo project along Katong’s Dunman Road in the upmarket… Read More>>

SingHaiyi Group’s Grand Dunman mega development sold more than 520 of its 1,008 residential units at the weekend, the … Read more>>>

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