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173 Haig Road

Singapore Project Sells for Over Asking Price as Developer Appetites Recover

2022/04/10 by Christopher Caillavet Leave a Comment

A residential complex up for collective sale in Singapore’s Katong area has sold for above the vendors’ asking price, demonstrating continued developer demand for sites even after a first-quarter slowdown in home price growth.

The local arm of Chinese developer… Read More>>

gordon tang singhaiyi

Alibaba-Led Singapore Project Gets New Partner as Gordon Tang Leads Buy of 21% Stake

2022/04/05 by Beatrice Laforga Leave a Comment

Mainland tech giant Alibaba is getting some new partners in a S$1.68 billion ($1.24 billion) office project in Singapore’s Tanjong Pagar area with companies controlled by mysterious Chinese investor Gordon Tang buying a 21 percent stake in the venture from… Read More>>

Singapore construction

Singapore Home Prices Pegged to Rise Less Than 5% in 2022 After a Flat Q1

2022/04/04 by Beatrice Laforga Leave a Comment

Singapore home price growth slowed in the first quarter following the government’s introduction of cooling measures in December, according to official flash estimates released on Friday, with analysts now predicting that sales of new homes will remain muted for the… Read More>>

Jason Lee, Managing Director, CIO and Senior Portfolio Manager, APAC, AEW

AEW Selling 20 Anson Office Tower in Singapore to KKR for $442M 

2022/04/02 by Beatrice Laforga Leave a Comment

AEW has agreed to sell its second office tower in Singapore’s downtown core this year, as the market for commercial assets in Southeast Asia’s wealthiest city continues to attract global investors.

US private equity giant KKR is paying AEW just… Read More>>

ESR Jeffrey Shen

ESR, PGIM Investing $100M in Singapore Sale-and-Leaseback Logistics Deal

2022/04/02 by Christopher Caillavet Leave a Comment

Logistics giant ESR has joined forces with US fund manager PGIM Real Estate to invest $100 million in developing a build-to-suit warehouse in western Singapore under a sale-and-leaseback agreement with a Japanese beverage maker.

Hong Kong-listed ESR has teamed up… Read More>>

Sun Hongbin Sunac

Sunac China Asks to Extend Payment of $629M Bond and More Asia Real Estate Headlines

2022/03/31 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Sunac China seeks an 18-month extension to redeem an onshore bond, as the developer and five rivals face an indefinite trading suspension on the Hong Kong stock exchange. In Singapore, meanwhile, an ultra-luxury… Read More>>

Asia Square Tower

Tech Tenants Power Singapore CBD Office Rents to Fourth Straight Growth Quarter

2022/03/30 by Beatrice Laforga Leave a Comment

Singapore saw office rents across its central business district rise by 2.3 percent in the first quarter to post the market’s fastest growth rate since 2021, with industry analysts projecting a continued upswing this year as the city-state gains in… Read More>>

thomasin Crowley WiredScore

Connectivity Ratings Provider WiredScore Opens Regional HQ in Singapore

2022/03/30 by Christopher Caillavet Leave a Comment

WiredScore, a provider of digital connectivity ratings for real estate, opened its first Asia Pacific office in Singapore on Wednesday as part of a global expansion plan.

The office at MYP Centre in Raffles Place will serve as the APAC… Read More>>

Jonathan Yap CapitaLand

CapitaLand Investment Selling 79 Robinson Road in Singapore for $930M

2022/03/28 by Beatrice Laforga Leave a Comment

CapitaLand Investment and its Japanese partners have agreed to sell 79 Robinson Road in Singapore’s downtown core for S$1.26 billion ($930 million) to CapitaLand Integrated Commercial Trust (CICT) and a private fund managed by the Temasek Holdings-backed giant.

In a… Read More>>

PWC to Cut Audits of Private Chinese Developers and More Asia Real Estate Headlines

2022/03/26 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, accounting firm PwC is reportedly set to stop auditing private Chinese developers, Soho China incurs a fine for electricity gouging in its home patch of Beijing, and Dyson officially opens its global headquarters… Read More>>

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