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PM Lee 780

Redevelopment of Singapore’s Paya Lebar Could Create 150,000 New Homes

PM Lee 780

2022/08/23 by Beatrice Laforga Leave a Comment

Singapore Prime Minister Lee Hsien Loong announced this past weekend that the relocation of Paya Lebar Airbase over the coming decade would pave the way for up to 150,000 new homes and allow for taller buildings in nearby towns, a… Read More>>

Singapore Prime Minister Lee Hsien Loong announced this past weekend that the relocation of Paya Lebar Airbase over the … Read more>>>

Tom Woolhouse JLL

APAC Cold Storage Investment Headed for $5B a Year Within a Decade: JLL

Tom Woolhouse JLL

2022/08/23 by Christopher Caillavet Leave a Comment

The wide adoption of online grocery shopping and food delivery could see investment in Asia Pacific’s cold storage market quintuple to between $4 billion and $5 billion a year by 2032, according to JLL.

Meanwhile, demand for cold storage in… Read More>>

The wide adoption of online grocery shopping and food delivery could see investment in Asia Pacific’s cold storage … Read more>>>

Yi Gang PBOC

China’s $147B Real Estate Bailout Fund May Not Help Developers Says S&P

Yi Gang PBOC

2022/08/21 by Beatrice Laforga Leave a Comment

Investors hoping that a state bailout fund which could reach RMB 1 trillion ($147 billion) will help save some of the country’s beleaguered developers or rescue bond investors may have to adjust their expectations according to a report this past… Read More>>

Investors hoping that a state bailout fund which could reach RMB 1 trillion ($147 billion) will help save some of the … Read more>>>

Singapore Private Home Sales to Slide After July Surge as Supply Dwindles

2022/08/17 by Beatrice Laforga Leave a Comment

Developer sales of private homes in Singapore rose 70.9 percent to 834 units in July from 488 homes sold in June. However, the upswing is expected to be short-lived, as analysts point to shrinking inventories and a limited… Read More>>

Developer sales of private homes in Singapore rose 70.9 percent to 834 units in July from 488 homes sold in June. … Read more>>>

David Green-Morgan RCA

APAC Industrial Property Investment Plunges 62% as Yields Fizzle

David Green-Morgan RCA

2022/08/16 by Christopher Caillavet Leave a Comment

Investment in Asia Pacific industrial property totalled $7.2 billion in the second quarter, plunging 62 percent from the record levels achieved during the same period a year earlier, as higher borrowing costs and swelling asset values compressed yield spreads in… Read More>>

Investment in Asia Pacific industrial property totalled $7.2 billion in the second quarter, plunging 62 percent from the … Read more>>>

2011 Beijing Spring Real Estate Trade Fair

China Real Estate Investment Fell 12% in July as Home Sales Slide Continues

2011 Beijing Spring Real Estate Trade Fair

2022/08/15 by Iris Hong Leave a Comment

China’s cash-strapped developers cut back further on real estate investment in July as new construction starts fell at the fastest pace in almost a decade and home sales worsened despite the lifting of COVID lockdowns and a slew of stimulus… Read More>>

China’s cash-strapped developers cut back further on real estate investment in July as new construction starts fell at … Read more>>>

Rayzone Beijing

APAC Commercial Property Investment Down 17% in H1 as Deal Activity Cools

Rayzone Beijing

2022/08/11 by Christopher Caillavet Leave a Comment

Investment in Asia Pacific commercial real estate tumbled 17 percent year-on-year to $70.9 billion in the first half of 2022 as deal activity eased in several of the region’s major economies, according to JLL.

The office sector remained APAC’s most… Read More>>

Investment in Asia Pacific commercial real estate tumbled 17 percent year-on-year to $70.9 billion in the first half of … Read more>>>

Riz Malik Realfin

Real Estate Fund Closings Tumble 27% as Global Headwinds Mount

Riz Malik Realfin

2022/08/07 by Christopher Caillavet Leave a Comment

The number of unlisted real estate funds reaching a final closing fell 26.6 percent year-on-year to 118 in the second quarter of 2022 amid geopolitical volatility and higher capital costs, according to Realfin.

Despite fewer funds wrapping up their commitments,… Read More>>

The number of unlisted real estate funds reaching a final closing fell 26.6 percent year-on-year to 118 in the second … Read more>>>

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

Singapore Ties With NYC for World’s Fastest Rising Housing Rents

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

2022/08/03 by Beatrice Laforga Leave a Comment

Singapore has tied with New York City in recording the highest rental growth rate for luxury homes globally, according to a Savills report published Friday, as demand for urban living rebounds and a growing number of ultra-rich individuals are willing… Read More>>

Singapore has tied with New York City in recording the highest rental growth rate for luxury homes globally, according … Read more>>>

Suntec City Tower

Singapore Strata Office Sales Plunge, Prices Rise as Supply Dries Up

Suntec City Tower

2022/08/03 by Christopher Caillavet Leave a Comment

Singapore’s strata office sales amounted to S$365.1 million ($265 million) in the first half of 2022, marking a 15.7 percent decline from the prior six months and a 48.1 percent plunge on year-earlier levels, according to Knight Frank.

A total… Read More>>

Singapore’s strata office sales amounted to S$365.1 million ($265 million) in the first half of 2022, marking a 15.7 … Read more>>>

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