Asia Pacific real estate investment news and information
Singapore’s The Assembly Place continues to ramp up its presence in the city-state’s rental residential market with joint ventures backed by the co-living investor and operator winning government contracts to renovate and manage three hostels for healthcare workers.
Together with… Read More>>
The family of Singapore instant coffee king David Teo has completed their S$105-million ($78.1 million) purchase of a mixed-use property in the city’s upscale Bukit Timah area and is preparing to transform the asset into a combined co-living and retail… Read More>>
Despite stamp duties and investigations, wealthy mainland investors are still banking on Singapore properties, with the wife of the country’s best known tech tycoon having purchased a row of shophouses in the Tanjong Pagar area last month for a reported… Read More>>
Singapore brokers welcomed a tax tweak designed to give developers flexibility as they strive to sell the final 10 percent of units at housing projects, although analysts questioned the extent of the rule change’s market impact.
Developers previously owed either… Read More>>
Flexible office giant IWG is ramping up its business in Asia Pacific, with the parent company of Regus and Spaces announcing recently that it has hired a former WeWork senior executive based in Singapore.
Elizabeth Laws Fuller, who formerly served… Read More>>
New private home sales in Singapore fell 29 percent year-on-year last month to 281 units, the lowest January reading in 15 years, according to data released by the Urban Redevelopment Authority on Thursday.
The latest figure, which excludes executive condominium… Read More>>
CapitaLand Investment (CLI) aims to raise as much as $600 million for a newly established Asia Pacific fund targetting serviced residence and co-living opportunities which it is seeding with a pair of assets from its Ascott lodging division, the Singapore… Read More>>
For the first time in 12 years Singapore’s Urban Redevelopment Authority (URA) has declined to award a land plot offered under the government’s land sale programme, brushing aside the sole bid from a GuocoLand-led consortium for a site in the city-state’s… Read More>>
UOL Group announced on Saturday that its chairman, Wee Cho Yaw, passed away at the age of 95. Wee, who also served as chairman emeritus of Singapore financial giant UOB, had run UOL since 1973 and helmed the bank controlled… Read More>>
Weave Living continues to expand its network of investors and its portfolio of properties, with the rental residential investor and operator announcing on Friday that it has formed a joint venture with a BlackRock fund to purchase a Singapore serviced… Read More>>
