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Nassim Road

Singapore Bungalow on the Market for $236M and More Asia Real Estate Headlines

2024/10/10 by Michael Cole Leave a Comment

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 chief executive and president Keiichi Yoshii

Daiwa House Eyes $500M Investment in US Builder and More Asia Real Estate Headlines

2024/10/07 by Michael Cole Leave a Comment

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>>

ONg Beng Seng

Singapore to Make Ong Beng Seng Decision Soon and More Asia Real Estate Headlines

2024/09/25 by Michael Cole Leave a Comment

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 chairman Raymond Kwok

SHKP Profit Tumbles 20% to $2.4B as Hong Kong Slump Hits Portfolio

2024/09/06 by Christopher Caillavet Leave a Comment

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

2024/07/31 by Ponrath Sopannarath Leave a Comment

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>>

Hong Kong Tycoon Sells Peak Mansions for $110M and More Asia Real Estate Headlines

2024/07/25 by Ponrath Sopannarath Leave a Comment

A Hong Kong tycoon sells three mansions on Peak Road for $110 million, with that story leading Mingtiandi’s headline roundup today. Also in the news, Malaysia’s AIMS launches a data centre in Kuala Lumpur and an influx of mainland Chinese… Read More>>

SHKP chairman Raymond Kwok

SHKP Buys Hong Kong Housing Site at Half-Off 2022 Pricing as Market Slide Continues

2024/07/20 by Michael Cole Leave a Comment

Despite drawing 11 bids from interested developers, a residential site in Hong Kong’s New Territories sold for less than half of 2022 rates this past week, as the city’s housing market continues to slide.

A unit of developer Sun Hung… Read More>>

Samsung Eyes $724M Buyback of Seoul Office Tower and More Asia Real Estate Headlines

2024/07/19 by Ponrath Sopannarath Leave a Comment

South Korean multinational Samsung leads Mingtiandi’s headline roundup today, as the company looks to buy back a Seoul office building it once owned. Also making the list, Hong Kong’s SHKP wins a government land tender in the New Territories and… Read More>>

Chinese Developer Ordered to Liquidate in Hong Kong and More Asia Real Estate Headlines

2024/06/12 by Ponrath Sopannarath Leave a Comment

The liquidation of yet another mainland developer leads Mingtiandi’s headline roundup today as Dexin China is ordered wound up. ESR is also in the news as it looks to sell a Sydney data centre site and WeWork names a new… Read More>>

Tycoon’s Son Seeks $62M for Singapore Mansion and More Asia Real Estate Headlines

2024/06/10 by Ponrath Sopannarath Leave a Comment

A scion of a Singapore department store dynasty seeks to sell his good-class bungalow for $62 million, with that story leading Mingtiandi’s headline roundup today. South Korea’s KIC also makes the list as it allocates $400 million for domestic asset… Read More>>

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