In today’s regional real estate review, Singapore sovereign fund GIC weighs the sale of its office floors in a prime Tokyo tower for several hundred billion yen, data centre operator DayOne nears a confidential US IPO filing that could value… Read More>>
Singapore Home Sales Plunge on Lack of Supply and More Asia Real Estate Headlines
Singapore home sales lead today’s headline roundup as transaction numbers for new units turn sour after a brief uptick. Also in the news, a plan to create Singapore’s second CBD suffers a setback and China suspends accounting giant PwC’s operations… Read More>>
CapitaLand, CDL, Frasers Team with Mitsubishi, Mitsui for $6.3B Singapore Mega-Project
A tender for a site for a suburban Singapore project which could be worth S$8.5 billion ($6.3 billion) upon completion attracted just two bids – both from the same five-party consortium – with three of the city-state’s largest property players… Read More>>
Singapore Launches Tender for Jurong Site to Boost Office Supply in Future CBD
Singapore’s Urban Redevelopment Authority on Thursday launched the tender of a 6.5 hectare (16 acre) mixed-use development site in Jurong Lake District as the city-state ramps up government land sales this year.
The so-called white site in Singapore’s western region… Read More>>
Waseda University Students Win ULI-Hines Urban Planning Competition
A group of university students from Japan won the first-ever Urban Land Institute (ULI) Hines Student Competition in Asia Pacific this past week with their proposal to implement an urban healthy living concept to transform Singapore’s Jurong Lake District (JLD).
CapitaLand to Redevelop Singapore’s JCube Mall Into 40-Storey Residential Project
Singapore’s CapitaLand Development has obtained provisional permission from authorities to redevelop its JCube mall into a 40-storey residential project after acquiring the property from an affiliated REIT one year ago.
Targeted for completion in 2027, the development will feature commercial… Read More>>
China Home Prices Fell Again in November and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s home price slump shows no signs of a turnaround, R&F co-founder Zhang Li fights extradition to the US, and global investors bid for ownership of a Hyderabad office complex.
Singapore Boosts Land Supply by 17% to Tame Rising Housing Prices
After seeing housing prices rise in defiance of escalating interest rates and punitive stamp duties, Singapore authorities have announced plans to sell more housing sites during the first half of 2023 than in any period over the past decade.
In… Read More>>
Gordon Tang Expands Singapore Empire with $188M Jurong East JV Acquisition
Mainland investor Gordon Tang and his wife Celine continue to expand their Singapore real estate empire with companies controlled by the mysterious couple teaming up with a joint venture between local developers KSH Holdings and Ho Lee Group to purchase… Read More>>
An Integrated Tourism Development Investment Opportunity at Jurong Lake District Sponsored Feature
The world is moving forward from the COVID-19 pandemic and Singapore is at the forefront of doing so, pressing ahead with concrete plans so that we can capture opportunities and build a better future.
Singapore remains a very… Read More>>