The new year is bringing more of the same challenges for one of Hong Kong’s wealthiest families as the controlling shareholders of New World Development are reported to be marketing a set of infrastructure assets, with that story leading Mingtiandi’s… Read More>>
Singapore Preps Land for 8,505 Homes in 2025 1H to Supersize Housing Supply
The overall private housing supply from Singapore’s Government Land Sales programme will amount to 8,505 homes in the first half of 2025, up from 8,140 in the current six-month period, according to the Ministry of National Development.
The figure includes… Read More>>
CapitaLand Development Enters $284M Top Bid for Central Singapore Industrial Site
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>>
Hongkong Land Launches $1B Retail Upgrade in Central and More Asia Real Estate Headlines
Hongkong Land is turning to friends from the luxury world as it undertakes a $1 billion revamp of its Landmark retail complex in Central district, with that story leading Mingtiandi’s headline roundup today. Also in the news, Keppel Infrastructure Trust… Read More>>
Singapore to Release Development Sites for 5,050 Homes in Second Half of 2024
Singapore on Tuesday announced a second-half confirmed list of the Government Land Sales programme that would bring total supply in 2024 to 11,110 private homes, representing the most supply introduced in a single year since 2013.
The confirmed list comprises… Read More>>
Singapore’s URA Launches Trio of Sites to Supply 1,915 Homes
Singapore’s Urban Redevelopment Authority on Thursday released three residential sites under the Government Land Sales programme, as the campaign to replenish the city-state’s housing supply kicks into high gear.
The sites at Dairy Farm Walk and Tengah Garden Avenue in… Read More>>
Singapore’s URA Launches Tenders for Pair of Residential Sites
Singapore’s Urban Redevelopment Authority on Thursday released two residential sites under the Government Land Sales programme, including the first plot to be used entirely for long-stay rental apartments, as the city-state seeks to boost the supply of living spaces.
The… Read More>>
Singapore Site Tender Triggered One Week After CDL-Mitsui Awarded Neighbouring Plot
Less than a week after a joint venture between City Developments Ltd and Mitsui Fudosan of Japan captured a residential project in Singapore’s upscale District 10 with a below-market bid, an unnamed developer has made an offer on an adjacent… Read More>>
Singapore Rejects GuocoLand Consortium’s Bid for Marina South Site as ‘Too Low’
For the first time in 12 years Singapore’s Urban Redevelopment Authority (URA) has declined to award a land plot offered under the government’s land sale programme, brushing aside the sole bid from a GuocoLand-led consortium for a site in the city-state’s… Read More>>
Singapore Rolls Out Biggest Industrial Land Sale Plan in a Decade, Despite Dim Demand
Singapore is set to auction off 29 percent more industrial land in the first half of 2024 in its biggest offering of shed sites in a decade, although experts anticipate tepid bidding amid a slowing market.
In releasing its sale… Read More>>