Hong Kong toy tycoon Francis Choi Chee-ming has agreed to sell the long-time home of the Australian Securities Exchange (ASX) to PGIM Real Estate and a local unit of US private equity firm Proprium Capital Partners for A$270 million ($169.2… Read More>>
Asia Real Estate People in the News 2025-02-10
A senior change at a Hong Kong-listed developer leads this week’s review of personnel moves from around Asia Pacific, with major updates from Standard Chartered and JP Morgan Asset Management also making the list.
CSI Properties Ltd… Read More>>
Singapore Worker Housing Rents Rose 10.8% in H2 2024 on Labour Influx
Rents in worker housing across Singapore rose by an average of 10.8 percent in the second half of 2024, as an influx of foreign labourers flooded into Singapore’s limited stock of dormitories, a recent analysis shows.
In June 2024 442,900… Read More>>
Australia, Japan Defy Trend as APAC Office Markets Face Falling Rents: Knight Frank
Prime office rents in Asia Pacific fell 1.6 percent in 2024, narrowing from a 2.4 percent drop the previous year, as key markets in Australia and Japan showed resilience amid a regionwide downtrend, according to Knight Frank.
Brisbane emerged as… Read More>>
Singapore Luxury Residential Site Hits the Market at $41M After Q4 Housing Rebound
With sales of new private homes in Singapore rising 25 percent in the fourth quarter from the preceding three months, the owners of an aging apartment block in one of the city-state’s priciest areas are hoping that developers have a… Read More>>
Seoul Apartment Prices End 40-Week Climb and More Asia Real Estate Headlines
Seoul apartment prices were flat in the waning days of 2024 to snap a 40-week growth streak, with that story leading today’s headline roundup. Also in the news, Hong Kong home sales are poised to gather pace after hitting a… Read More>>
Office Rent Growth Flattens in Downtown Singapore as Big Occupiers Grow Cautious
Office rent growth in downtown Singapore nearly ground to a halt in the year’s final quarter as renewals continued to form the bulk of market activity, according to Knight Frank.
Prime office rents in the Raffles Place/Marina Bay precinct rose… Read More>>
Hotel Conversions for Student Housing Offer Growth Opportunity in Hong Kong: Knight Frank
Hong Kong’s student housing market is poised for growth as loosened curbs on foreign student enrolment and a growing trend of hotel conversions offer investment opportunities, according to Knight Frank.
The Hong Kong government has doubled the admission quota for… Read More>>
Malaysia Crowned SE Asia’s Top Data Centre Hub as 2024 Investment Hits $32B
Malaysia secured MYR 141.7 billion ($31.6 billion) in digital infrastructure investments in the first 10 months of 2024 to solidify its standing as Southeast Asia’s top data centre hub, according to Knight Frank.
The result more than tripled the MYR… Read More>>
Asia Real Estate People in the News 2024-12-23
A Korean appointment leads this week’s review of personnel moves from around Asia’s real estate industry, with a French investment manager adding to its team in Seoul. Also making the lists are board moves at a Singapore-listed REIT and at… Read More>>
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