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Choo Chong Ngen

Singapore Love Hotel Magnate Buys Club Street Site for Record $415M

Choo Chong Ngen

2019/01/16 by Jan Kot Leave a Comment

A hotel site in Singapore’s Chinatown area sold for a record price per square foot at a government land sale this week, according to an announcement by the Urban Redevelopment Authority, as investors continue to show confidence in the city’s… Read More>>

A hotel site in Singapore's Chinatown area sold for a record price per square foot at a government land sale this week, … Read more>>>

Pollyanna Chu

Home Prices Rose in China’s Biggest Cities in December and More Asia Real Estate Headlines

Pollyanna Chu

2019/01/16 by Michael Cole Leave a Comment

Despite six months of policies restricting sales, 59 of 70 cities surveyed by the Chinese government still reported rising home prices last month as homebuyers do not yet seem deterred over reports of rising risk in the market. Also in… Read More>>

Despite six months of policies restricting sales, 59 of 70 cities surveyed by the Chinese government still reported … Read more>>>

Li Qiang Daily-Tech

Chinese-Backed Data Centre Giant Aims for HK IPO at £9B Valuation

Li Qiang Daily-Tech

2019/01/15 by Jan Kot Leave a Comment

Just over two years after being acquired by a consortium of Chinese investors, UK data centre developer Global Switch is preparing for a stock market listing in Hong Kong later this year that could value it at more than £9… Read More>>

Just over two years after being acquired by a consortium of Chinese investors, UK data centre developer Global Switch is … Read more>>>

Jeremy Kelly JLL

Asia Home to 19 of the World’s 20 Most Dynamic Cities Says JLL

Jeremy Kelly JLL

2019/01/15 by Jan Kot Leave a Comment

Asia Pacific is home to 19 of the world’s 20 most dynamic cities, reflecting the region’s rapid urbanization and economic growth, according to a report published today by JLL.

The latest edition of the property consultancy’s City Momentum Index found… Read More>>

Asia Pacific is home to 19 of the world's 20 most dynamic cities, reflecting the region’s rapid urbanization and … Read more>>>

Beijing housing construction

Beijing Backs Off on Price Caps as Homes Go Unsold and More Asia Real Estate Headlines

Beijing housing construction

2019/01/15 by Michael Cole Leave a Comment

More cracks began to show in China’s clampdown on housing prices as authorities in the nation’s capital put up for sale a pair of housing sites without capping the price at which winning bidders are allowed to sell finished homes…. Read More>>

More cracks began to show in China’s clampdown on housing prices as authorities in the nation’s capital put up for sale … Read more>>>

sunny zhang

Asia Real Estate People in the News 2019-01-14

sunny zhang

2019/01/14 by Michael Cole Leave a Comment

There are only a few weeks left before Chinese New Year gives much of the region a momentary breather from 2019, but real estate executives from Asia’s private equity, development and brokerage firms are still finding time to send out… Read More>>

There are only a few weeks left before Chinese New Year gives much of the region a momentary breather from 2019, but … Read more>>>

Wang Kan Seng Ascendas

CapitaLand to Acquire Ascendas-Singbridge in S$11B Deal

Wang Kan Seng Ascendas

2019/01/14 by Michael Cole Leave a Comment

Singapore’s CapitaLand announced early Monday that it had agreed to buy a controlling stake owned by Temasek Holdings in fellow government-backed developer Ascendas-Singbridge in a deal which would value the target company at S$11 billion ($8.13 billion).

CapitaLand has agreed… Read More>>

Singapore’s CapitaLand announced early Monday that it had agreed to buy a controlling stake owned by Temasek Holdings in … Read more>>>

Tahir Mayapada

Oxley Gets LOI to Sell Pair of Singapore Hotels for S$950M

Tahir Mayapada

2019/01/14 by Michael Cole Leave a Comment

Oxley Holdings Ltd is on its way to selling a pair of hotels on Stevens Road, just near Singapore’s Orchard Road shopping district, for a combined S$950 million ($702 million), according to an announcement by the developer to the city’s… Read More>>

Oxley Holdings Ltd is on its way to selling a pair of hotels on Stevens Road, just near Singapore's Orchard Road … Read more>>>

Mount Nicholson Hong Kong

Hong Kong Homebuyer Eats HK$36M Deposit to Renege on Mount Nicholson Deal

Mount Nicholson Hong Kong

2019/01/13 by Michael Cole Leave a Comment

Less than two weeks after agreeing to purchase a home at Hong Kong’s Jardine’s Lookout for HK$721.88 million ($92.1 million), an unnamed buyer has walked away from the deal, forfeiting a HK$36 million deposit, according to Hong Kong public records.

… Read More>>

Less than two weeks after agreeing to purchase a home at Hong Kong’s Jardine's Lookout for HK$721.88 million ($92.1 … Read more>>>

Li Ka-shing Hong Kong

Li Ka-shing Warns HK Housing Speculators and More Asia Real Estate Headlines

Li Ka-shing Hong Kong

2019/01/12 by Michael Cole Leave a Comment

China’s spring festival is still weeks away, but there are signs that the region’s real estate markets may be in for a longer than expected winter as Hong Kong’s richest man warns investors against speculating in the city’s real estate… Read More>>

China’s spring festival is still weeks away, but there are signs that the region’s real estate markets may be in for a … Read more>>>

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