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CapitaLand Commercial Trust Sells SG Office Tower for $379M

2018/06/30 by Greg Isaacson Leave a Comment

CapitaLand Commercial Trust (CCT) has chalked up Singapore’s biggest office transaction of the year by agreeing to sell Twenty Anson, a 20-storey office building in the Tanjong Pagar neighbourhood, for a total of S$516 million ($379 million).

The Singapore-listed trust,… Read More>>

Singapore housing

Singapore Government to Boost Private Housing Pipeline By 8,040 More Homes in 2018

2018/06/28 by Greg Isaacson Leave a Comment

Singapore’s government is launching sites that can yield a total of up to 8,040 private residential units in the second half of 2018, keeping pace with new supply in the first half, while ramping up the commercial real estate pipeline… Read More>>

Lendlease, JLL Launch Proptech Bootcamp Aimed at $16T Asian Market

2018/06/27 by Greg Isaacson Leave a Comment

Global real estate consultancy JLL has teamed up with Australian developer Lendlease to launch Propell Asia, a Singapore-based startup accelerator designed to foster innovative technologies in the Asia Pacific property sector.

The proptech accelerator will select five early stage startups… Read More>>

Lim Eng Hwee URA

3.7 Hectare Singapore Project Receives Seven Bids

2018/06/24 by Richard Meyer 1 Comment

Singapore has closed a tender on one of the largest sites ever marketed by the government, with seven bids received for the commercial-residential property amid healthy sector interest and a spate of land sales.

The 3.73 hectare (9.19 acre) Sengkang… Read More>>

Pansy Ho Shun Tak

Shun Tak Ventures Into Singapore Residential With $444M Dual Site Buy

2018/06/14 by Shawna Kwan Leave a Comment

Casino tycoon Stanley Ho’s Shun Tak Holdings has paid S$593.5 million ($444 million) for a pair of luxury residential plots near Singapore’s Orchard Road shopping district, marking the company’s first foray into the residential market in the Southeast Asian city-state.

… Read More>>

Kim Sun-joo NPS

Korea’s NPS Awards $550M in Real Estate Mandates and More Asia Real Estate Headlines

2018/06/13 by Michael Cole Leave a Comment

Some good news for owners of large scale real estate assets leads today’s headlines in Asia, as one of the region’s biggest pension fund managers is directing $550 million in fresh cash toward the property sector. Singapore also makes it… Read More>>

Chris Hoong FEC

Blackstone Sells Singapore Residential Project to Far East Consortium For $147M

2018/06/07 by Shawna Kwan Leave a Comment

Hong Kong-listed developer Far East Consortium (FEC) is making another move to bolster its portfolio in Singapore, buying a freehold residential project near the Orchard Road shopping district from a seller believed to be US private equity giant Blackstone for… Read More>>

Wanda Launches Nanjing Theme Park and More Asia Real Estate Headlines

2018/06/06 by Greg Isaacson Leave a Comment

Leading today’s roundup, Dalian Wanda Group may have stepped back from its ambition to crush Disney in China’s theme park market, but that hasn’t stopped the developer from launching a 34,000 square metre indoor amusement park designed by KCC Entertainment… Read More>>

Dairy Farm Road

Singapore Launches Tenders for Trio of Residential Plots Valued at $1B

2018/06/03 by Shawna Kwan Leave a Comment

The Singapore government has released three residential sites valued at a total of S$1.36 billion ($1 billion) on the same day, adding an estimated 1,880 homes to the city-state’s housing pipeline.

The three plots, located across the city on Dairy… Read More>>

CDL Names Pair of Execs to Head New Asset Management, Development Divisions

2018/05/29 by Greg Isaacson Leave a Comment

Singapore’s biggest home builder, City Developments Limited (CDL) announced a pair of new executive appointments this week as it created a pair of new business units to strengthen its commercial division and re-engineer its development process.

The owner of Republic… Read More>>

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