China’s ongoing real estate struggles lead today’s news from around the real estate world, with home prices falling for a thirteenth straight month, as sales dropped 15 percent during September. That slide also includes developer Yango Group being hit with… Read More>>
CDL-Hongkong Land JV Sells 77% of Units at Singapore Debut
A joint residential project of City Developments Ltd and Hongkong Land subsidiary MCL Land drew strong interest at its launch weekend, with buyers snapping up 315 of 407 total units at the Piccadilly Grand near Singapore’s Little India neighbourhood.
Located… Read More>>
Mirae Buys Houston Distribution Centre for $190M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korean investment firm Mirae buys a warehouse in Texas, Singapore’s Wee Hur plans to sell a stake in its student accommodation fund, and the offer price for a Melbourne office complex up… Read More>>
Hongkong Land Singapore Unit Buys 49% Stake in CDL Project
Hongkong Land’s Singapore unit MCL Land is set to grow its portfolio of luxury Lion City condos by teaming up with local developer City Developments Ltd (CDL) for a four-tower residential complex project in the city-state’s lower east coast area.
CDL Files for £500M London Office REIT and More Asia Real Estate Headlines
After a series of woeful headlines linked to its mainland China investments,, Singapore’s City Developments Ltd is back in the news today with a report that it has filed to list a set of London office properties on the SGX,… Read More>>
CDL JV with Hongkong Land Unit Enters $336M Top Bid for Singapore Residential Plot
A joint venture of City Developments Ltd and Hongkong Land affiliate MCL Land has made the top bid for a residential plot near Singapore’s Little India neighbourhood.
The partnership’s bid of S$445.9 million ($336.2 million) for the 99-year leasehold site… Read More>>
Yanlord Partners with MCL Land for $692M En Bloc Deal in First Singapore Foray
Shanghai-based Yanlord Land is jumping into Singapore’s residential market for the first time, teaming up with Hongkong Land subsidiary MCL Land to snap up a prime en bloc site in the city-state for S$906.9 million ($691.5 million).
The deal for… Read More>>
HK Land Buys $682M Stake in Central SG Office Project
Hongkong Land is boosting its presence in Singapore by teaming up with a leading Malaysian developer to build and manage a pair of office towers within the Marina Bay Financial District, the companies announced Monday.
The Hong Kong-based property firm… Read More>>