In today’s roundup of regional news headlines, the Singapore government awards an executive condo site after the project drew nine bids, and a Hong Kong land tender draws a strong response as well. Also making the list are Country Garden’s… Read More>>
Hoi Hup, Sunway Sell a Third of Singapore Luxury Project on Launch Weekend
Singapore-based developer Hoi Hup Realty and Malaysia’s Sunway Group sold more than one-third of a 270-unit luxury condo project in Pasir Panjang during the launch weekend despite rising interest rates and increased taxes showing signs of slowing the city’s housing… Read More>>
Singapore’s Hoi Hup Sells London Office Building at Marked Down $100M
Singapore-based Hoi Hup Realty has sold the first overseas asset it ever bought, an office building near the northern tip of the City of London, for £75 million ($100.1 million), unloading the property at a £2 million markdown.
Hoi Hup… Read More>>
Hoi Hup, Sunway Pay $600M for Paya Lebar Residential Site in SG’s Top Land Sale of 2021
A residential development project in eastern Singapore’s Paya Lebar area has sold by public tender for S$815 million ($600.2 million), marking the city-state’s biggest land deal of the year and signalling confidence in the housing market after new-home sales rebounded… Read More>>
Temasek JV Selling Andaz Singapore Hotel for Record S$475M
Singapore-based Hoi Hup Realty has entered into a binding agreement to buy the Andaz Singapore hotel, according to a statement posted today on the developer’s website, in what ranks as the largest ever purchase of a single hotel asset in… Read More>>
China Vanke Reports 25% Increase in Net Profit and More Asia Real Estate Headlines
It’s interim report season in Asia which means that some listed developers in Hong Kong and mainland China are cheerfully reporting on one of the more profitable periods in memory for the major players. Today, half-year results for China Vanke… Read More>>