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Hongkong Land CEO Michael Smith

Hongkong Land Touts $8B Shanghai Commercial Project Amid Strategic Shift

Hongkong Land CEO Michael Smith

2024/11/29 by Kevin He Leave a Comment

Nearly five years after paying what was then a record RMB 31.05 billion ($4.5 billion) for a development site in Shanghai’s Xuhui district, Hongkong Land has unveiled details of an $8 billion commercial project on the plot that marks the… Read More>>

Nearly five years after paying what was then a record RMB 31.05 billion ($4.5 billion) for a development site in … Read more>>>

URA chief executive officer Lim Eng Hwee

Singapore’s URA Launches Tenders for Three Residential Sites as Home Sales Perk Up

URA chief executive officer Lim Eng Hwee

2024/11/26 by Christopher Caillavet Leave a Comment

Singapore’s Urban Redevelopment Authority on Tuesday released three residential sites under the Government Land Sales programme, aiming to capitalise on improving sentiment after newly launched projects saw strong demand.

The site at Bayshore Road on the southeastern coast can yield… Read More>>

Singapore’s Urban Redevelopment Authority on Tuesday released three residential sites under the Government Land Sales … Read more>>>

Soon Su Lin of Frasers

Frasers Teams With Sekisui House to Add 348 Luxury Homes on Singapore Riverfront

Soon Su Lin of Frasers

2024/11/18 by Christopher Caillavet Leave a Comment

Six months after confirming its sale of a riverfront apartment complex near Singapore’s Robertson Quay, Frasers Property on Monday announced a retail-residential project to add 348 luxury homes in the area.

Frasers Property and Japanese builder Sekisui House will jointly… Read More>>

Six months after confirming its sale of a riverfront apartment complex near Singapore’s Robertson Quay, Frasers Property … Read more>>>

Edwin Leong Siu-Hung

Tycoon Edwin Leong’s Tai Hung Fai Completes $42M Purchase of $24M Kowloon Property

Edwin Leong Siu-Hung

2024/11/05 by Kevin He Leave a Comment

One of Hong Kong’s richest men is wrapping up a HK$324.7 million ($42 million) purchase of a Kowloon property now worth just over half that amount, thanks to the city’s rapidly declining housing market.

Tai Hung Fai Group… Read More>>

One of Hong Kong’s richest men is wrapping up a HK$324.7 million ($42 million) purchase of a Kowloon property now worth … Read more>>>

Sherman Kwek of CDL

Singapore’s CDL Wins Shanghai Site Near Xintiandi With $1.3B JV Bid

Sherman Kwek of CDL

2024/11/01 by Christopher Caillavet, Michael Cole Leave a Comment

Just over three years after writing off a $1.36 billion investment in a Chongqing-based developer, Singapore’s City Developments Ltd is braving mainland China’s troubled real estate market with a joint venture project to build luxury homes, a hotel and shops… Read More>>

Just over three years after writing off a $1.36 billion investment in a Chongqing-based developer, Singapore’s City … Read more>>>

Liam Wee Sin, Group Chief Executive of UOL

UOL Teams With CapitaLand to Buy Singapore Condo Complex for Reduced $612M

Liam Wee Sin, Group Chief Executive of UOL

2024/10/28 by Christopher Caillavet Leave a Comment

A joint venture of UOL and CapitaLand has signed an option agreement for the collective purchase of a Singapore condo complex for S$810 million ($611.7 million), with the two heavyweights set to pick up the property at an 11.8 percent… Read More>>

A joint venture of UOL and CapitaLand has signed an option agreement for the collective purchase of a Singapore condo … Read more>>>

Stephen Gaitanos of Scape

Scape Principals Launch $1B Sydney BTR Project Under JV With APG, Bouwinvest

Stephen Gaitanos of Scape

2024/10/24 by Christopher Caillavet Leave a Comment

Rent-to-Live Co, the build-to-rent venture founded by Scape Australia principals Stephen Gaitanos and Craig Carracher, has launched a 1,000-apartment mixed-use precinct in Sydney, aiming to invest A$1.5 billion ($1 billion) to help ease a local housing crunch.

Backed by Dutch… Read More>>

Rent-to-Live Co, the build-to-rent venture founded by Scape Australia principals Stephen Gaitanos and Craig Carracher, … Read more>>>

CapitaLand Development Singapore CEO Tan Yew Chin (Image: CapitaLand)

CapitaLand Development Enters $284M Top Bid for Central Singapore Industrial Site

CapitaLand Development Singapore CEO Tan Yew Chin (Image: CapitaLand)

2024/10/03 by Christopher Caillavet Leave a Comment

CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam Ayer industrial estate, with the builder’s proposed project to serve food-related end-users.

The 44,107 square metre (474,764 square foot) parcel at Kallang… Read More>>

CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam … Read more>>>

Stephen Gaitanos of Scape

Lendlease, Scape Secure Final Approval for $1.2B Melbourne Redevelopment Project

Stephen Gaitanos of Scape

2024/08/21 by Christopher Caillavet Leave a Comment

ASX-listed construction giant Lendlease and Australia’s largest owner-operator of student housing, Scape, have received final approval for their A$1.7 billion ($1.2 billion) transformation of Queen Victoria Market in central Melbourne.

The mixed-use project, featuring 1,100 beds for university students and… Read More>>

ASX-listed construction giant Lendlease and Australia’s largest owner-operator of student housing, Scape, have received … Read more>>>

Agile Group chairman Chen Zhuolin (Source: Getty Images)

Former Agile Project in Hong Kong’s Quarry Bay May Bring 15% of Acquisition Cost

Agile Group chairman Chen Zhuolin (Source: Getty Images)

2024/08/21 by Kevin He Leave a Comment

A residential site in Hong Kong’s Quarry Bay area formerly owned by defaulted mainland developer Agile Group Holdings has been put up for sale via tender by the receiver, with the 50,000 square foot plot having been approved for development… Read More>>

A residential site in Hong Kong’s Quarry Bay area formerly owned by defaulted mainland developer Agile Group Holdings … Read more>>>

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