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Margaret Ville MCL Land

SG Private Home Sales Dropped 42% in June as 2018 Turns From Feast to Famine for Developers

Margaret Ville MCL Land

2018/07/17 by Richard Meyer Leave a Comment

Singapore’s sales of new homes residential sales plummeted 41.7 percent in June compared to July, with the slump in transaction volumes coming just before city authorities boosted the stamp duty on home purchases by as much as 50 percent as… Read More>>

Singapore's sales of new homes residential sales plummeted 41.7 percent in June compared to July, with the slump in … Read more>>>

China home sales

China Home Prices Jumped 1% in June and More Asia Real Estate Headlines

China home sales

2018/07/17 by Michael Cole Leave a Comment

Mainland authorities have clamped down on credit, punished fake divorcees and chased down naughty brokers in their campaign to stamp out housing inflation, but home prices just rose by their fastest pace in twenty months. While homebuyers still want condos,… Read More>>

Mainland authorities have clamped down on credit, punished fake divorcees and chased down naughty brokers in their … Read more>>>

Lai Sun Wins Approval to Build City of London’s Third-Tallest Tower

2018/07/16 by Michael Cole Leave a Comment

Hong Kong’s Lai Sun Group has won approval to develop a 56-storey office tower on London’s Leadenhall Street, after tycoon Peter Lam’s textiles-to-property group had purchased a pair of existing properties on the same block as London’s Gherkin office tower… Read More>>

Hong Kong’s Lai Sun Group has won approval to develop a 56-storey office tower on London’s Leadenhall Street, after … Read more>>>

South Island Line

KPMG Said Taking Up to 10 Floors in Swire’s South Island Place

South Island Line

2018/07/16 by Michael Cole Leave a Comment

International accounting firm KPMG is said to have signed up for 150,000 square feet (14,000 square metres) of space at South Island Place, an upcoming office project under development in Hong Kong’s Wong Chuk Hang area.

The lease, which would… Read More>>

International accounting firm KPMG is said to have signed up for 150,000 square feet (14,000 square metres) of space at … Read more>>>

Louise Luo JLL

Asia Real Estate People in the News 2018-07-16

Louise Luo JLL

2018/07/16 by Michael Cole Leave a Comment

Among the hordes of vacationers headed out on summer holidays, there are a number of real estate professionals finding their way to new professional locations instead of heading to the beach. This week we have a former Blackstone executive flying… Read More>>

Among the hordes of vacationers headed out on summer holidays, there are a number of real estate professionals finding … Read more>>>

Raymond Or Ching Fai

Nike Gets 25% Rent Cut to Take Over Former Esprit Flagship in Causeway Bay

Raymond Or Ching Fai

2018/07/16 by Michael Cole Leave a Comment

Athletic apparel brand Nike has stepped in where Hong Kong’s own Esprit faltered, leasing a 7,000 square foot (650 square metre) shop in Causeway Bay’s Leighton Centre for a reported monthly rent of HK$1.5 million.

The swoosh logo will soon… Read More>>

Athletic apparel brand Nike has stepped in where Hong Kong’s own Esprit faltered, leasing a 7,000 square foot (650 … Read more>>>

Nick Loup Chelsfield

Chelsfield Said in Due Diligence for S$550M Buy of SG’s Manulife Centre From Alpha and CDL

Nick Loup Chelsfield

2018/07/15 by Richard Meyer Leave a Comment

In what would be its first Singapore deal, UK property developer Chelsfield is said to be closing in on an acquisition of the Manulife Centre on Singapore’s Bras Basah Road in the latest sign of ongoing growth in the city-state’s… Read More>>

In what would be its first Singapore deal, UK property developer Chelsfield is said to be closing in on an acquisition … Read more>>>

Mo Bin Country Garden

Country Garden Stops Buying Land in 3rd, 4th-Tier Cities After RMB 20B Bond Sale Aborted

Mo Bin Country Garden

2018/07/15 by Michael Cole Leave a Comment

China’s largest property developer by sales is reportedly retreating from an expansion program that aimed to give it a presence across the nation’s third, fourth and fifth-tier cities in the face of tightening credit conditions and an ongoing government crackdown… Read More>>

China’s largest property developer by sales is reportedly retreating from an expansion program that aimed to give it a … Read more>>>

qian-zhiya Luckin coffee

GIC Leads $200M Funding Round to Help China O2O Coffee Startup Take on Starbucks

qian-zhiya Luckin coffee

2018/07/15 by Richard Meyer Leave a Comment

A Chinese online-to-offline (O2O) coffee startup is claiming a $1 billion valuation, and unicorn status, after raising $200 million from a group that includes Singapore’s sovereign wealth fund, GIC.

Beijing-based Luckin Coffee (瑞幸咖啡), which combines mobile apps, WeChat integration and… Read More>>

A Chinese online-to-offline (O2O) coffee startup is claiming a $1 billion valuation, and unicorn status, after raising … Read more>>>

Wang Menghui MOHURD

China Cuts Resettlement Subsidies to Cool Market and More Asia Real Estate Headlines

Wang Menghui MOHURD

2018/07/15 by Michael Cole Leave a Comment

The authorities in Beijing have come up with yet another move to cool down the real estate ardor of their 1.4 million constituents, as the housing said it will limit loans for resettlement payments. Also in the news, China’s CIC… Read More>>

The authorities in Beijing have come up with yet another move to cool down the real estate ardor of their 1.4 million … Read more>>>

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