Malaysia may have less population than any province in China, but the Southeast Asian nation is set to have a major impact on the mainland’s biggest real estate developer, according to today’s headlines in the region. Also in the news,… Read More>>
Vegas Developer Said Interested in Anbang Hotels and More Asia Real Estate Headlines
At the top of today’s real estate a Las Vegas-based developer may be willing to gamble on acquiring a portfolio of hotels recently put on the market by China’s Anbang Insurance, and the earnings season continues with Hong Kong’s Henderson… Read More>>
Quek and Kwek Buy SG Site for $744M in Biggest En Bloc Sale Since 2007
Companies controlled by Singaporean tycoon Kwek Leng Beng and his cousin, Malaysian magnate Quek Leng Chan, have teamed up to buy a prime freehold site in the city’s River Valley neighborhood for S$980 million ($744 million).
The deal is Singapore’s… Read More>>
Guocoland Has Big Plans for $1.2B Singapore Site and More Asia Real Estate Headlines
Half the region is on the beach this week or staying at home gorging themselves on mooncakes, but the team here at Mingtiandi is still at the controls of our information machine, and today we’re bringing you the inside story… Read More>>
S&P Cuts Wanda Credit Rating to Junk and More Asia Real Estate Headlines
Credit is at the top of the news today as China’s top commercial developer has its paper downgraded to junk status, while Moody’s makes reassuring noises about some of the mainland’s other leading developers, despite a housing slowdown. Further south,… Read More>>
$72M Penthouse Seen Testing Singapore Luxury Market and More Asia Real Estate Headlines
Leading today’s real estate headlines in the region is a pricey Singaporean penthouse that comes with its own private pool, as the Lion City tests its nascent real estate recovery. Also in the news, China’s leading builder of outlet malls… Read More>>
Sunac Boss Sun Hongbin Joins Board of Flailing LeEco and More Asia Real Estate Headlines
China’s 2017 credit crunch may already be paying dividends for its real estate heavyweights as distressed asset enthusiast Sun Hongbin of Sunac moves onto the board of a struggling mainland tech giant on the same day that its chairman exits…. Read More>>
China’s NDRC Clamps Down on Capital Outflows and More Asia Real Estate Headlines
China’s highest level planning body is getting ready to slow down capital outflows after the country’s falling currency led to nearly $70 billion fleeing the country last month. Also in the headlines, it appears that at least some of that… Read More>>
Li Ka-shing Said Selling Stake in The Center for $4.6B And More Asia Real Estate Headlines
One Hong Kong newspaper is reporting that Li Ka-shing has sold off a 75 percent stake in one of his trophy assets, while Donald Trump may be in trouble with some US voters, but according to stories in the press… Read More>>
SG Home Prices Fall for 11 Straight Quarters and More Asia Real Estate Headlines
Singapore home prices have now been falling for nearly four years as the market keeps looking for a bottom, but developers in the Lion City continue to compete for sites. On the mainland, home sales in Shanghai continue to climb… Read More>>
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