Hong Kong builder Sun Hung Kai Properties wins a New Territories residential site, with that successful bid leading today’s headline roundup. Also making the list, SGX-listed Keppel REIT’s distribution dips despite higher income and China Vanke’s bonds rise on restructuring… Read More>>
Asia Real Estate People in the News 2024-11-09
A board move at Hong Kong’s largest developer leads this week’s collection of personnel moves from around Asia as a former brokerage chief takes his leave. Also making the list are board moves at China’s Country Garden and Japan’s Tokyo… Read More>>
Singapore Retail Scion Cuts Mansion Price by $5M and More Asia Real Estate Headlines
A Singapore mansion tied to a local retail dynasty has slashed its asking price further, with that report leading today’s headline roundup. Also making the list, China cuts a key reference rate for mortgage loans and a data centre buy… Read More>>
LHN Marketing Singapore Co-Living Assets and More Asia Real Estate Headlines
Three freehold co-living properties have been put up for sale for a guide price of $91.6 million, with that story leading today’s headline roundup. In other news, developers’ sales in Singapore regained some footing in September after clocking their lowest-ever… Read More>>
Hong Kong Launches Logistics Site Tender and More Asia Real Estate Headlines
The government of Hong Kong will sell a 77,737 square metre (836,754 square foot) site earmarked for a multi-storey logistics facility, with that story leading today’s headline roundup. In other news, Singapore’s CDL announces plans for a mixed-use project near… Read More>>
Singapore Bungalow on the Market for $236M and More Asia Real Estate Headlines
A Singapore mansion owned by a local businessman leads today’s headline roundup, with the Nassim Road bungalow going back on the market at a sharply higher price after failing to sell five years ago. Also making the list, Li Ka-shing’s… Read More>>
Daiwa House Eyes $500M Investment in US Builder and More Asia Real Estate Headlines
Daiwa House Industry is the latest Japanese builder looking to make a big bet on the US residential market, with that story leading today’s headline roundup. Also in the news, Hong Kong’s biggest developer sells new homes at a discount… Read More>>
Singapore to Make Ong Beng Seng Decision Soon and More Asia Real Estate Headlines
Singapore law enforcement officials are nearing a decision on the fate of property tycoon Ong Beng Seng, with that story leading Mingtiandi’s headline roundup. Also making the list, BlackRock says it will refrain for the time being from further real… Read More>>
SHKP Profit Tumbles 20% to $2.4B as Hong Kong Slump Hits Portfolio
Sun Hung Kai Properties reported a full-year attributable profit of HK$19 billion ($2.4 billion), down 20 percent, as Hong Kong’s largest developer saw its property portfolio drop in value amid the city’s prolonged real estate slump.
The builder controlled by… Read More>>
Hong Kong’s Hang Lung Sees Profit Fall 56% and More Asia Real Estate Headlines
Hong Kong’s Hang Lung Properties leads Mingtiandi’s headline roundup today as the developer reports a 56 percent slump in net profit. Also making the news, Singapore’s Keppel REIT posts a 3.4 percent drop in distribution per unit and state-owned Temasek… Read More>>
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