Singapore’s residential market went from hot to scorching in November as hungry homebuyers and limited supply of new homes combined to drive the volume of new homes sold and prices for second-hand condos to multi-year highs, according to a pair… Read More>>
CDL Buys Residential Site in Singapore’s Upper Bukit Timah for $93M
A unit of SGX-listed developer City Developments Ltd (CDL) has secured the rights to a pair of commercial properties in Upper Bukit Timah for S$126.3 million ($92.5 million), a move that could pave the way for a new condominium tower… Read More>>
CDL Declares Loss Despite SG Market Boom and More Asia Real Estate Headlines
Singapore’s condo market is experiencing a full-scale boom, but that upswing hasn’t been enough to cure the ills of the city’s largest non-government-backed developer, as City Developments Ltd revealed its second quarter financials today.
Also in the… Read More>>
BioNTech Plans SE Asia Headquarters in Singapore and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the developer of a key COVID-19 vaccine announces plans for a Southeast Asian headquarters in Singapore, Hong Kong giant CK Asset sets an extraordinary meeting to discuss asset purchases and share buybacks, and… Read More>>
Korea’s JR AMC Aims to Add Amazon Logistics Asset and More Asia Real Estate Headlines
Sheds lead today’s real estate news from around Asia again today as a Korean asset manager closes in a purchase of an Amazon fulfillment centre in Ohio.
South Korean investors may also get a chance to invest… Read More>>
JLL Leads Asia Brokerage Wins with A$300M ARA Aussie Deal Mingtiandi Broker Battle
JLL tops the deal charts this week after its team reportedly brokered the sale of an A$300 million ($201 million) Melbourne office development to a fund managed by ARA Asset Management.
Meanwhile in Korea, Savills is closing in on the… Read More>>
Cushman Leads Brokerage Wins with HK$378M HSBC Deal in Kwun Tong Mingtiandi Broker Battle
Cushman & Wakefield tops the deal charts in this week’s roundup of brokerage wins with a victory in Hong Kong that saw the firm advise on the sale of a pair of floors in Kwun Tong’s World Tech Centre to… Read More>>
HK Hotel Room Rates Plunge 46% As Vacancy Soars and More Asia Real Estate Headlines
Discounted room rates lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Hong Kong’s hotels are suffering as visitors stay away from the teargas-filled Asian financial hub.
In other news around the region,… Read More>>
Country Garden, Hopson Ditch $3.6B in Bond Sales and More Asia Real Estate Headlines
Leading today’s roundup, China’s top developer by sales, along with a mid-league peer, have hit a wall in their attempts to issue yuan-denominated corporate bonds, as mainland authorities continue to clamp down on leverage in the property sector. Meanwhile, a… Read More>>
Asia Real Estate People in the News 2018-01-08
Asia’s property industry is heading into the second week of January with a blizzard of job changes. Today’s roundup of people moves includes a real estate executive joining a Singapore-based realty firm, and a property investment veteran taking a new… Read More>>