Asia Pacific real estate investment news and information
Investment in Singapore real estate is expected to jump 10 percent this year to as much as S$23 billion ($17.1 billion), driven by residential and retail transactions, according to Savills.
The bullish forecast takes into account rising activity in government… Read More>>
Singapore’s transport minister S. Iswaran on Thursday was slapped with 27 charges, including two counts of corruption related to assisting Ong Beng Seng, co-founder of SGX-listed Hotel Properties Ltd, to secure agreements for one of his companies with the country’s… Read More>>
A Singapore developer controlled by the family of Shangri-La Hotel founder Robert Kuok is in talks to acquire a shopping centre in northeastern Singapore from a joint venture between Temasek Holdings-backed Cuscaden Peak and Yanlord Land’s United Engineers Ltd (UEL)… Read More>>
With big ticket office deals becoming an endangered species in the real estate kingdom, PGIM Real Estate has decided to sell off a building in Singapore’s central business district floor by floor, taking advantage of record pricing for smaller scale… Read More>>
Singapore new private home sales plunged 83 percent to 135 units in December from the 784 units transacted the previous month, posting the lowest monthly sales recorded in the city-state since the 2007-08 global financial crisis.
The year-end holidays and… Read More>>
Hong Kong-based real estate firm Wharf Real Estate Investment Company (Wharf REIC) is marketing a luxury mall along Singapore’s Orchard Road for S$450 million ($338 million) as the rejuvenation of the premier shopping strip gathers speed.
Its Singapore development subsidiary,… Read More>>
Top Global has put a strata-titled office asset in Singapore up for sale at S$76 million ($57.1 million) as the company owned by Indonesia’s Widjaja family plans to completely exit the commercial building near the Orchard Road shopping strip.
The… Read More>>
Singapore’s property market felt the pressure of rising interest rates in 2023 with investment plunging 31.8 percent to S$21.1 billion ($15.9 billion), according to Knight Frank.
Residential deals, comprising mostly government land sales, amounted to S$10.3 billion or 47.7 percent… Read More>>
Keppel Ltd announced on Monday that it has purchased a commercial complex in Singapore’s Selegie district on behalf of Dutch pension fund and asset manager PGGM for S$348 million ($262 million), confirming earlier media accounts.
The firm formerly known as… Read More>>
Gaw Capital Partners has completed the sale of the Hotel G in Singapore to an entity controlled by CapitaLand Group, according to corporate records filed with local authorities.
A special purpose vehicle which holds the 308-key budget hostelry now lists… Read More>>
