Flexible office providers grew their footprints in Singapore by 680,000 square feet in 2017, jumping 44 percent from the previous year, according to a new report from Colliers International. Asia is the fastest-growing market for flexible office space, but as… Read More>>
Pamfleet Pulls in Campfire to Fill Newly-Purchased Kowloon Retail Space
Plans by Hong Kong shared space provider Campfire to add a combined, kindergarten, shared office and food centre in the Whampoa section of Kowloon city to its existing set of five co-working centres on Hong Kong island were revealed in… Read More>>
Investors Leong and Tang Put HK$12.5B in Hong Kong Properties Up for Sale
Two of Hong Kong’s best known real estate investors were revealed this week to have put a total of over HK$12 billion ($1.5 billion) worth of local properties on the market, leading to speculation over the market outlook of the… Read More>>
SG Private Home Sales Dropped 42% in June as 2018 Turns From Feast to Famine for Developers
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>>
Colliers Appoints Martin Chavez to Head China Corporate Client Team
Colliers International this week announced the appointment of former Cushman & Wakefield executive Martin Chavez as Senior Director of Corporate Solutions for Asia Pacific as the international property consultancy continues to add to its top management team in the region.
Admiralty Office Sells for HK$59K Per Sqft as Strata Deals Invade HK Grade A Market
The practice of divvying up office space for sale into floors or even units – the “strata sales” market – is well-established in Hong Kong, with prominent property brokerages having teams devoted to the practice.
But until recently, strata sales… Read More>>
Singapore Home Prices Jump 9% in 12 Months — Set for Double-Digit 2018 Increase
Singapore residential prices rose nine percent on year and are close to all-time highs, according to a flash second-quarter price report issued by the city’s Urban Redevelopment Authority (URA) on July 2nd.
The latest jump in home prices moves the… Read More>>
36 Developers Line Up for Hong Kong MTR’s HK$36B Wong Chuk Hang Site
A mixed-use plot atop MTR Corporation’s Wong Chuk Hang station said to be worth up to HK$36 billion ($4.6 billion) has generated 36 expressions of interest from developers including Sun Hung Kai Properties, CK Asset and New World Development.
The… Read More>>
Colliers Boosts Japan Team with Senior Valuation, PM Hires
Global property brokerage Colliers International is beefing up its valuation and project management capabilities in Japan with a pair of senior hires. The Toronto-headquartered firm has appointed Masahiro Fuse to lead its Valuation & Advisory Services team in Japan, while… Read More>>
China Resources Said to Break HK Residential Land Price Record with HK$6B Buy
Mainland state-owned conglomerate China Resources is said to have snapped up one of Hong Kong’s most prestigious home sites, and has set a land price record in the process.
The Shenzhen-based giant, which invests in businesses from retail to energy… Read More>>
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