Two land parcels within the new Lentor Hills estate were auctioned off by Singapore’s Urban Redevelopment Authority on Tuesday, with a consortium led by Chinese-owned United Engineers winning the larger of the two residential development sites with a bid of… Read More>>
CDL, GuocoLand JV Place Top Bids in Singapore’s First Land Sale of 2022
Sites for luxury housing development continued to find favour with developers in Singapore’s first land sale of the year, despite new market restrictions put in place just one month ago, with local development giant CDL besting seven other bidders for… Read More>>
Schroders Takes Over Aussie Real Estate Lender and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, investment manager Schroders acquires a majority stake in Australian lender RF Eclipse, a tender for a land parcel in Hong Kong’s northern New Territories attracts 10 bids, and SGX-listed CapitaLand Integrated Commercial Trust… Read More>>
Evergrande Gets HKEX Nod for Management Spin Off and More Asia Real Estate Headlines
China Evergrande doesn’t seem to have received the bailout from the Guangdong government that it had been looking for, but the mainland developer got a helping hand from the Hong Kong stock exchange last week when it won permission… Read More>>
GuocoLand, Hong Leong JV Buys Chongqing Resi Site for RMB 1.68B and More Asia Real Estate Headlines
A joint venture between a pair of Singapore-listed companies leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the allied companies have purchased a residential plot in mainland China for $240 million, just… Read More>>
GuocoLand Adds S$800M Residential Site to Guoco Midtown Project in Singapore
GuocoLand is scaling up its S$2.4 billion ($1.73 billion) Guoco Midtown project by merging a S$800 million residential site acquired last month into the mixed-use development, according to a stock exchange announcement by the Singapore-listed developer.
The builder says it… Read More>>
Koreans Negotiating €1.3B-Plus Brussels Finance Tower Deal and More Asia Real Estate Headlines
A 36-storey office tower in Brussels leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the Korean consortium that snapped up Microsoft’s UK HQ last year is negotiating the purchase of Belgium’s biggest… Read More>>
Wing Tai and Hong Leong-CDL JV Top Bidders for S$875M Pair of Singapore Sites
Developers in tropical Singapore kept their cool at a couple of land tenders last week with a site near Bugis, at the fringe of downtown bringing 10 offers, while a second plot in the Geylang red light district attracted only… Read More>>
Hongkong Land Says Central Rents Should Stay High and More Asia Real Estate Headlines
At the top of today’s news, the owner of most of the prime sites in Hong Kong’s priciest district remains confident that Central is still a good location, while down in Singapore, home prices continued to slow in September and… Read More>>
Hong Leong Wins Hillview Rise Site in Western Singapore for S$460M
Singapore’s Hong Leong Holdings has set a new record for purchases of government land sites in western Singapore after the privately held property arm of Hong Leong investments agreed to pay S$460 million ($338 million) for a plot in the… Read More>>