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Gordon Tang Singhaiyi

SingHaiyi Owners Raise Buyout Offer for Singapore’s Chip Eng Seng by 4.2%

2022/12/06 by Christopher Caillavet Leave a Comment

Celine and Gordon Tang have sweetened their take-private bid for Chip Eng Seng, the Singapore-listed builder controlled by the mainland power couple, by upping their all-cash offer by three cents to S$0.75 per share.

The new buyout price, which values… Read More>>

Alan Cheong, Alan Cheong, executive director for research at Savills

Singapore Shops Sees Vacancy Fall to Pre-Pandemic Levels

2022/12/05 by Beatrice Laforga Leave a Comment

Singapore’s retail property market has ended a three-year freefall as vacancy in the third quarter reached its lowest level since 2019 and prime rents began heading northward, according to a recent report.

The average vacancy level for retail space in… Read More>>

sherman kwek CDL

Low Inventory Slowed CDL’s Q3 Home Sales in Singapore

2022/12/01 by Christopher Caillavet Leave a Comment

City Developments Ltd maintained what it dubbed a “resilient performance” across business segments in the third quarter of 2022, as the Singaporean property giant’s sales slowed in the absence of new project launches.

CDL and its joint venture associates sold… Read More>>

Mingtiandi Singapore Focus Forum 2023 On-Location Event

2022/11/29 by Mingtiandi Team Leave a Comment

Having gathered over 200 industry professionals at our inaugural Singapore Focus Forum in 2022, Mingtiandi returns in 2023 to once again bring together top experts in the Lion City for a full-day exploration of the opportunities and challenges facing… Read More>>

Copen Grand First EC in Tengah

CDL, MCL Land Project Sells Out in One Month as Singapore Market Stays Hot

2022/11/28 by Christopher Caillavet Leave a Comment

Singapore’s red-hot housing market is extending its reach even to far-flung Tengah Town, as an executive condominium by City Developments Ltd has sold out just one month after the project’s launch in the western planning area.

All of the remaining… Read More>>

Gordon Tang Singhaiyi

Mainland Investors Gordon, Celine Tang Make Buyout Offer for Singapore’s Chip Eng Seng 

2022/11/27 by Beatrice Laforga Leave a Comment

Mainland billionaire couple Celine and Gordon Tang are moving to further consolidate control over their Singapore property empire by taking developer Chip Eng Seng private in an all-cash buyout offer that values the company at S$565 million ($411 million).

The… Read More>>

stuart-porter pwc

Singapore Reclaims Title as Most Desirable Investment Destination From Tokyo

2022/11/24 by Mingtiandi Team Leave a Comment

Singapore has edged out Tokyo as the most favoured Asia Pacific property investment destination in 2023, reclaiming a title it previously held two years running, according to a report released this week.

The nonprofit Urban Land Institute, which issued the… Read More>>

Avenir Singapore

Singapore New Private Home Sales Down 68% in October on Lack of Supply

2022/11/15 by Christopher Caillavet Leave a Comment

A shortage of major condo launches dampened Singapore’s new private home sales in October, with transactions plunging 68.4 percent from the previous month to 312 units sold.

Fresh housing curbs imposed by the central bank and a limited supply of… Read More>>

Thomas Hirschvogel_PATRIZIA Head of APAC

Germany’s Patrizia Launches $1B Japanese Multi-Family Fund, Expands In Singapore

2022/11/14 by Beatrice Laforga Leave a Comment

German asset manager Patrizia has launched a €1 billion ($1.03 billion) Japan-focused fund to acquire core and value-add multi-family assets across the country’s top cities, according to the company’s top executive for the region.

In an interview with Mingtiandi on… Read More>>

Stirling-Residences Singapore

Singapore Residential Rental Index Hits 24-Year High as Volume Rebounds

2022/11/14 by Christopher Caillavet Leave a Comment

Residential rents rose at the highest rate ever recorded in Singapore during the third quarter, according to a new report by Savills analysing government data.

Leasing rates for landed and non-landed properties in the Little Red Dot surged 10.9 and… Read More>>

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