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David Loh Kim Kang Centurion

Singapore’s Centurion Sells Seoul Student Housing Asset to Exit South Korea

2023/04/16 by Beatrice Laforga Leave a Comment

Singapore-based Centurion Corp has sold off its sole student housing property in South Korea in a deal valued at KRW 21.25 billion ($16 million), as the rental residential specialist narrows the scope of it student accommodation strategy.

Centurion, together with… Read More>>

Quek Leng Chan

Cautious Bidding Predicted for Singapore Site as URA Accepts Bargain Lentor Tender

2023/04/13 by Beatrice Laforga Leave a Comment

Singapore’s Urban Redevelopment Authority (URA) has launched a tender for a sixth residential plot in an emerging estate in Ang Mo Kio, with the government confirming the upcoming sale of its latest Lentor Central site just one day before finalising… Read More>>

Lian Beng chairman Ong Pang Aik

Chairman’s Family Offers to Buy Out Lian Beng in Latest Singapore Privatisation Bid

2023/04/12 by Christopher Caillavet Leave a Comment

Lian Beng Group has joined the procession of Singapore-listed developers in line to be taken private by their controlling shareholders, with the Ong family on Tuesday announcing a voluntary unconditional cash offer of S$0.62 per share for the builder.

The… Read More>>

26 Chin Bee Drive Singapore

ARA-Kenedix JV Buys Iron Mountain Warehouse in Singapore’s Jurong West For $35M

2023/04/11 by Beatrice Laforga Leave a Comment

After starting March with an investment in Singapore’s Lazada One office building, ESR’s ARA Asset Management teamed up with its Japanese joint venture, Kenedix, for a second time last month to acquire an industrial building in the city-state’s Jurong West… Read More>>

NEX Mercatus

Singapore Investment Deals Down 61% From Year Ago as Buyers Turn Cautious

2023/04/10 by Christopher Caillavet Leave a Comment

Investment transactions in Singapore’s real estate market fell 61 percent in the first quarter compared with a year ago, falling to just S$4.2 billion (now $3.2 billion) in the three-month period, according to a report by Knight Frank.

The first-quarter… Read More>>

IOI Central Boulevard Towers

Office Rent Growth in Singapore’s Prime Districts Slowed to 0.5% in Q1

2023/04/06 by Christopher Caillavet Leave a Comment

Premium and Grade A office rents in Singapore’s core CBD rose 0.5 percent in the first quarter of 2023 compared with the prior three months, slowing slightly from the pace of the previous quarter’s 0.6 percent gain, according to Colliers.

… Read More>>

Ashish Goyal OMERS

Canada’s OMERS Promotes Ashish Goyal to Head of Asia Pacific

2023/04/05 by Christopher Caillavet Leave a Comment

OMERS, the biggest pension fund manager in the Canadian province of Ontario and the 44th largest in the world, has elevated Ashish Goyal to the newly created post of executive vice president and head of Asia Pacific, based in Singapore.

… Read More>>

GuocoLand-Hong Leong JV Sole Bidders as Singapore Site Draws $367M Record Low Offer

2023/04/05 by Beatrice Laforga Leave a Comment

A joint venture between Malaysia’s GuocoLand and its Singapore cousins at Hong Leong Holdings placed the sole bid in a government tender for a residential plot in the northern part of Singapore’s Ang Mo Kio area, with the low-ball S$486.8… Read More>>

Adrian Lee, Head of Singapore Investments and Asset Management, AEW

Tishman Speyer Hires AEW’s Adrian Lee for APAC Expansion

2023/04/04 by Michael Cole Leave a Comment

Tishman Speyer has added a Singapore-based dealmaker to its growing team in Asia Pacific, with the US developer and fund manager announcing on Tuesday that it has hired Adrian Lee as senior director of acquisitions.

Lee joins Tishman Speyer from… Read More>>

Terra Hill Singapore

Singapore Private Home Prices Jump 3.2% in Q1, Up 28% Since 2020

2023/04/03 by Beatrice Laforga Leave a Comment

Singapore private housing prices rose for a 12th straight quarter during the period from January through March, with the cost of buying a new home jumping 3.2 percent from the final months of 2022, according to preliminary government statistics released… Read More>>

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