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Chinatown Point

Office Floor in Singapore’s Chinatown Point Sold For $13M

2023/01/24 by Beatrice Laforga Leave a Comment

An office floor in a commercial block within Singapore’s Chinatown area has changed hands for S$17.38 million ($13.2 million) as investors continue snap up bite-sized opportunities in the city’s office market.

Inter-premium Corporation, a Singapore-registered real estate firm, sold the… Read More>>

Jack Ma Getty Images

Alibaba-Led Consortium Gets Nod for Singapore’s Tallest Skyscraper in Tanjong Pagar

2022/08/04 by Beatrice Laforga Leave a Comment

Mainland tech giant Alibaba together with consortium partners led by Perennial Holdings are set to build Singapore’s tallest tower after regulators approved their proposal for a 305-metre (1,001-foot) skyscraper in Tanjong Pagar.

In a grant of written permission dated 7… Read More>>

Golden Mile Singapore

Perennial, Sino Land, Far East JV Buying Singapore’s Golden Mile for $505M

2022/05/08 by Beatrice Laforga Leave a Comment

Perennial Holdings has teamed up with Far East Organization and its Hong Kong-based sister firm Sino Land to buy the Golden Mile Complex in Singapore for S$700 million ($505 million), as they plan to transform the iconic property into an… Read More>>

gordon tang singhaiyi

Alibaba-Led Singapore Project Gets New Partner as Gordon Tang Leads Buy of 21% Stake

2022/04/05 by Beatrice Laforga Leave a Comment

Mainland tech giant Alibaba is getting some new partners in a S$1.68 billion ($1.24 billion) office project in Singapore’s Tanjong Pagar area with companies controlled by mysterious Chinese investor Gordon Tang buying a 21 percent stake in the venture from… Read More>>

Embassy Suites By Hilton Palm Desert

Bank of America Files to Dismiss EHT Bankruptcies and More Asia Real Estate Headlines

2021/03/03 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Bank of America files a motion to dismiss the bankruptcy cases of Eagle Hospitality Trust entities, Singapore’s Perennial Holdings and partners win a bid to develop an HSR-adjacent plot in Hangzhou, and Hong… Read More>>

Mediacorp's former Caldecott site sold for $280.9 million to Perennial Real Estate entity

Perennial Buys SG Residential Site for S$280.9M and More Real Estate Headlines

2020/12/17 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a hilltop site in Singapore changes hands after a close-run contest, the UK emerges as the clear destination for Hongkongers fleeing upheaval, and Guocoland says it can’t account for unusual market activity involving… Read More>>

Kuok Khoon Hong

Perennial Takes on $140M Business Park Project in Singapore’s Jurong Lake District

2020/12/06 by Michael Cole Leave a Comment

Perennial Real Estate Holdings is taking on its first ever business park project as the Singapore-based developer on Friday announced its S$118 million ($88.4 million) purchase of a project in the city’s Jurong Lake district.

The developer controlled by Singaporean… Read More>>

john lim ara

ARA Steps Up Battle to Take Over Cromwell and More Asia Real Estate Headlines

2020/07/22 by Michael Cole Leave a Comment

Singapore’s ARA Asset Management leads today’s real estate headlines in Asia Pacific as the Warburg Pincus-backed fund manager formalises its takeover bid for an Aussie real estate investment firm.

A pair of Softbank-backed startups also reappear with more bad news,… Read More>>

AXA Tower

Alibaba Takes on Half of S$365M Debt in SG’s AXA Tower Deal and More Asia Real Estate Headlines

2020/05/14 by James Hatton Leave a Comment

A S$1.7 billion ($1.2 billion) Singapore commercial redevelopment leads Mingtiandi’s round up of Asia real estate headlines today as a stock market announcement reveals that China’s biggest e-commerce player has taken over 50 percent of a S$364.7 million debt obligation… Read More>>

jack ma Alibaba

Alibaba Buys 50% of SG’s S$1.7B AXA Tower From Perennial Consortium

2020/05/06 by James Hatton Leave a Comment

Alibaba has agreed to acquire a 50 percent stake in Singapore’s AXA Tower in a deal that values the landmark office property at S$1.68 billion ($1.2 billion) in one of the few major transactions the city has seen this year.

… Read More>>

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