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Singapore Commercial Block Shopped for $84M and More Asia Real Estate Headlines

2022/10/17 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a commercial building along Singapore’s Club Street goes on the market, and the city-state’s new private home sales impress in September.

Singapore’s Liberty House at 51 Club Street for Sale… Read More>>

In today’s roundup of regional news headlines, a commercial building along Singapore’s Club Street goes on the market, … Read more>>>

mike-hagbeck Storhub

Warburg Pincus-Backed StorHub Expands Hong Kong Footprint with Kowloon Buy

mike-hagbeck Storhub

2022/10/16 by Iris Hong Leave a Comment

A Warburg Pincus-backed self-storage operator continues to expand its presence in Hong Kong with a Kowloon acquisition which marks its fourth reported purchase of new space in the city so far this year.

Storhub, which ranks as Singapore’s largest self-storage… Read More>>

A Warburg Pincus-backed self-storage operator continues to expand its presence in Hong Kong with a Kowloon acquisition … Read more>>>

Jeffrey-Perlman ESR

Catch the Mingtiandi Singapore Forum Tuesday on MTD TV

Jeffrey-Perlman ESR

2022/10/15 by Michael Cole Leave a Comment

Mingtiandi’s Singapore Focus Forum starts at 9:00 AM local time on Tuesday, 18 October, and community members unable to join on-location will have the opportunity to watch the whole programme on MTD TV.

The keynote panel with George Agethen of… Read More>>

Mingtiandi’s Singapore Focus Forum starts at 9:00 AM local time on Tuesday, 18 October, and community members unable to … Read more>>>

James-Macdonald

K Wah Joint Venture Buys Site in Shanghai’s Xuhui District for $516M

James-Macdonald

2022/10/15 by Iris Hong Leave a Comment

Despite the gloomy outlook for the mainland property market K Wah International Holdings teamed with two state-owned partners in a government land sale to purchase a mixed-use site in Shanghai’s Xuhui district for the reserve price of RMB 3.73 billion… Read More>>

Despite the gloomy outlook for the mainland property market K Wah International Holdings teamed with two state-owned … Read more>>>

Xu Jiayin Evergrande

Evergrande Creditors Extend Deadline on Domestic Bond and More Asia Real Estate Headlines

Xu Jiayin Evergrande

2022/10/15 by Michael Cole Leave a Comment

Turmoil in mainland China’s property sector leads the real estate news from around the region again today as the country’s biggest developer gets more time to pay debts and two of the world’s largest credit agencies withdraw ratings on seven… Read More>>

Turmoil in mainland China’s property sector leads the real estate news from around the region again today as the … Read more>>>

WEAVE LIVING CEO Sachin Doshi tb

Weave Living in Talks to Add Two More Hong Kong Hotels Totalling 797 Rooms

WEAVE LIVING CEO Sachin Doshi tb

2022/10/13 by Pawara Laothamatas Leave a Comment

Weave Living is looking to expand its Hong Kong portfolio with a pair of Kowloon hotels to add to the four it has already bought so far in 2022.

The rental apartment start-up’s potential acquisitions of the Hotel Cozi Harbour… Read More>>

Weave Living is looking to expand its Hong Kong portfolio with a pair of Kowloon hotels to add to the four it has … Read more>>>

BIell Crystal's Yeung Kin Man

Hong Kong Govt Slams SHKP as ‘Delusional’ for Attempt to Block Project

BIell Crystal's Yeung Kin Man

2022/10/13 by Pawara Laothamatas Leave a Comment

Hong Kong’s Lands Tribunal criticised a legal case launched by Sun Hung Kai Properties against a development plan by one of the city’s richest men, describing its move as “delusional” and “vandalism” of the proposed project.

The dispute stems from… Read More>>

Hong Kong’s Lands Tribunal criticised a legal case launched by Sun Hung Kai Properties against a development plan by one … Read more>>>

Lin Zhong, chairman of CIFI Holdings (Group); portrait photo taken in his office at One Pacific Place, Admiralty.

Shanghai’s CIFI Defaults on Offshore Bond Despite Government Support

Lin Zhong, chairman of CIFI Holdings (Group); portrait photo taken in his office at One Pacific Place, Admiralty.

2022/10/13 by Iris Hong Leave a Comment

CIFI Holdings said on Thursday that it has failed to make payments due on offshore debts, with creditors indicating that it defaulted on a payment on a HK$2.5 billion ($318 million) convertible bond due on 8 October.

A notice… Read More>>

CIFI Holdings said on Thursday that it has failed to make payments due on offshore debts, with creditors indicating that … Read more>>>

Hong Kong Chief Executive John Lee Meets Media

Hong Kong Signals Property Tax Cut on the Way and More Asia Real Estate Headlines

Hong Kong Chief Executive John Lee Meets Media

2022/10/13 by Michael Cole Leave a Comment

Potential tax cuts in Asia’s most expensive housing market lead the region’s real estate headlines today and Hong Kong’s new chief executive looks for ways to stop a housing market in freefall. Also in the news, mainland China’s residential retreat… Read More>>

Potential tax cuts in Asia’s most expensive housing market lead the region’s real estate headlines today and Hong Kong’s … Read more>>>

Alan Cheong, Alan Cheong, executive director for research at Savills

Price Record at Singapore’s Suntec City Broken for Third Time in Four Months

Alan Cheong, Alan Cheong, executive director for research at Savills

2022/10/12 by Beatrice Laforga Leave a Comment

Adding to the string of record-breaking deals in Singapore’s Suntec City, a Thai investor is reportedly purchasing the top floor of one of the commercial complex’s office towers for S$39.7 million ($27.6 million), an industry source confirmed to Mingtiandi.

Level… Read More>>

Adding to the string of record-breaking deals in Singapore’s Suntec City, a Thai investor is reportedly purchasing the … Read more>>>

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