Singapore’s Urban Redevelopment Authority (URA) has launched a tender for a sixth residential plot in an emerging estate in Ang Mo Kio, with the government confirming the upcoming sale of its latest Lentor Central site just one day before finalising… Read More>>
GuocoLand-Hong Leong JV Sole Bidders as Singapore Site Draws $367M Record Low Offer
A joint venture between Malaysia’s GuocoLand and its Singapore cousins at Hong Leong Holdings placed the sole bid in a government tender for a residential plot in the northern part of Singapore’s Ang Mo Kio area, with the low-ball S$486.8… Read More>>
Singapore Boosts Taxes on Ultra-Luxury Home Sales and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore enacts a fresh round of tax hikes on property purchases to raise extra revenue for the city-state’s coffers, and sovereign fund GIC reportedly has second thoughts about private investments in China.
Guoco Midtown Office Project Opens Doors to Tenants in Singapore
GuocoLand has obtained the temporary occupation permit for the office component of its S$2.4 billion ($1.83 billion) Guoco Midtown project, opening the doors for tenants to begin occupying the 30-storey tower in Singapore’s downtown core, the Singapore-listed developer announced Tuesday.
GuocoLand Net Profit Dives After Year-Earlier Gain and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, SGX-listed builder GuocoLand takes a profit hit after recording a large disposal gain a year earlier, and Warren Buffett’s Berkshire Hathaway will lend support to a smart city development in India.
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Asia Real Estate People in the News 2023-01-02
Reports of a new head of investment for one of Asia’s largest pension funds lead Mingtiandi’s first roundup of personnel moves for 2023, with Malaysia’s GuocoLand also making the list. Besides those updates, a former Shanghai developer was handed 19… Read More>>
Country Garden Eyes $493M From Stock Placement and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, mainland developer Country Garden plans a sale of new shares to help mend its finances, Blackstone’s India retail arm reportedly adds an upscale Delhi mall to a forthcoming REIT, and GuocoLand Malaysia swings… Read More>>
Temasek, UBS Funds Back Vanke Services IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Vanke lines up some heavy-hitting cornerstone investors for its property services IPO, GuocoLand hails a successful sales launch at its Lentor Modern project in Singapore, and a city-state residential site retries a… Read More>>
Country Garden H1 Profit Dives by Record 96% and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s top developer by sales posts a record profit decline, Hong Kong’s PAG agrees to buy a Dutch-themed Japanese theme park, and flustered Evergrande bondholders push their own debt restructuring plan.
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Keppel DC REIT Acquisitions Boost Distributions and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Keppel DC REIT reports 2.5 percent year-on-year growth in its distribution per unit for the first half of 2022, as Mapletree Industrial Trust posts a 4.2 percent boost and CapitaLand China Trust… Read More>>
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