Singapore developer Centurion announces its application for an SGX-listed REIT, with that story leading today’s headline roundup. In other news, Blackstone wins approval to buy a 40 percent stake in an Indian homebuilder and property tycoon Ong Beng Seng prepares… Read More>>
BlackRock, Centurion, Coliwoo, Arch Explore APAC’s Evolving Residential Scene: MTD TV
Unsung opportunities in Asia Pacific’s evolving residential markets took centre stage during the final session of the Mingtiandi Singapore Forum on Tuesday. Watch the full recording>>
The Yardi-sponsored event saw speakers from investment titan BlackRock, purpose-built housing provider Centurion, co-living… Read More>>
BlackRock, Centurion, Coliwoo, Arch to Talk Residential Opportunities at Singapore Forum
Residential experts will share their views on how changes in society and economy are reshaping demand in Asia Pacific as part of a panel discussion at the Mingtiandi Singapore Forum on 13 May.
For a wide-ranging look at regional opportunities… Read More>>
Singapore’s Centurion More Than Doubles Profit to $257M as Valuations Soar
Singaporean developer Centurion Corp’s profit more than doubled in 2024, as the specialist in student and worker housing rode a surge in valuations of investment properties.
The company’s full-year attributable profit shot up 125 percent to S$344.8 million ($257 million),… Read More>>
Singapore Worker Housing Rents Rose 10.8% in H2 2024 on Labour Influx
Rents in worker housing across Singapore rose by an average of 10.8 percent in the second half of 2024, as an influx of foreign labourers flooded into Singapore’s limited stock of dormitories, a recent analysis shows.
In June 2024 442,900… Read More>>
Centurion Explores REIT IPO as Singapore Property Trusts Look to Rebound
Singapore’s Centurion Corp is considering the launch of an SGX-listed REIT, potentially braving an initial public offering after a lacklustre 2024 for the market’s property trusts.
The REIT’s portfolio would comprise some of the developer’s student and worker housing assets,… Read More>>
Centurion, LHN, TAP, HOMA See Rental Demand Boosting Yields in Asia’s Living Sector
Asia’s living sector is generating strong returns as growing rental demand and supply constraints boost occupancy at co-living, student housing, and worker accommodation properties, according to a panel of top executives speaking at Mingtiandi’s Singapore Forum on Tuesday. Watch… Read More>>
Centurion H1 Profit Spikes 209% on Jump in Property Valuations
Singapore’s Centurion Corp posted a 209 percent year-on-year surge in attributable profit to S$118.2 million ($89.7 million) for the first half of the year, boosted by net fair value gains of S$61.6 million.
Excluding fair value adjustments, net profit from… Read More>>
Centurion JV Secures Master Lease for Hong Kong Worker Housing Project
Singapore-based rental housing specialist Centurion Corp and its Hong Kong local partner have struck a deal to lease all 50 residential units in a New Territories building with the intent of renovating the property into a 550-bed worker accommodation.
The… Read More>>
Speaker Bio: Ho Lip Chin of Centurion Corporation MTD TV Productions
Mr. Ho Lip Chin joined Centurion Corporation Ltd in January 2012 as Director, Investments before his appointment as the Group’s Chief Investment Officer of Accommodation Business in 2015.
He is responsible for growing the Group’s accommodation business and assists in… Read More>>