Singapore office rents are on their way down, but that could be good news for property investors shopping for bargains in southeast Asia’s financial capital. CLSA Capital Partners is the latest to decide it’s time to get back in the… Read More>>
Lim Chow Kiat Takes Over at GIC as Singapore Inc Revamps
There will be a number of familiar faces in new roles at GIC come the start of the year as Singapore’s sovereign wealth fund made a spate of senior leadership appointments that will take effect at the start of 2017…. Read More>>
BlackRock Said To Put Asia Square 2 On Market for $1.4B as Site Next Door Brings $1.9B Bid
A commercial site in Singapore’s Marina Bay financial district brought a record bid of S$2.6 billion ($1.9 billion) today as enthusiasm for office projects revives in the southeast Asian financial hub. And Blackrock may be counting on the interest that… Read More>>
Li Ka-shing Said Selling Stake in The Center for $4.6B And More Asia Real Estate Headlines
One Hong Kong newspaper is reporting that Li Ka-shing has sold off a 75 percent stake in one of his trophy assets, while Donald Trump may be in trouble with some US voters, but according to stories in the press… Read More>>
China Housing Clampdown Sparks Divorce Boom and More Asia Real Estate Headlines
Today’s news features couples in China turning to divorce to buy homes in the country’s overheated real estate market, while mainland malls hope to forge new marriages by providing entertainment activities for those on blind dates. Among the more serious… Read More>>
China Overseas Land Sees Profits Double And More Asia Real Estate Headlines
Today’s news features China Overseas Land reporting a 110 percent rise in third quarter operating profit thanks in part to China’s hot housing market. Additionally, Singapore recorded an 8.8 percent increase in home sales while mainland homebuyers looking to avoid… Read More>>
Colliers Adds Barclays Exec as New Head of Research in Singapore
Colliers International has stepped up its market-tracking efforts in Singapore, bringing on board former Barclays Bank executive Tricia Song to head its research team.
The move means that the real estate service provider will be splitting its consulting and research… Read More>>
Singapore Home Prices Drop by Most in Over 7 Years and More Asia Real Estate Headlines
Investors betting that the Singapore housing market had hit bottom got a rude surprise in today’s headlines, as home prices dropped by 1.5 percent in September from August. Also in the news, mainland authorities have singled out Evergrande and China… Read More>>
UBS Bubble Index Shows Impact of Chinese Investors on Vancouver, Sydney
As housing markets on the mainland have started to look more dicey, Chinese home buyers have flocked to global gateway cities such as Vancouver and Sydney, driving up home prices and stunning local residents.
Analysts have cautioned that mainland capital… Read More>>
Wanda Bets on $5.1B Hefei Theme Park and More Asia Real Estate Headlines
Wang Jianlin just can’t keep out of the news as the mainland billionaire’s Wanda Group opens its latest theme park in Anhui province. Also in the news, CapitaLand picks up its ninth residential project in Vietnam, while Shanghai investors buy… Read More>>