Asia real estate and outbound investment news
A CapitaLand-City Developments (CDL) joint bid won a government tender for a 3.7 hectare mixed-use site in northeastern Singapore with a bid of S$777.78 million ($566 million), according to announcements by the two companies.
In their first cooperation since 2007,… Read More>>
Chinese leaders have been easing credit this past month and the results may be appearing quickly in rebounding home prices and property investment in smaller cities. But this positive market sentiment could still be bad news for a mainland government… Read More>>
Singapore’s sales of new homes residential sales plummeted 41.7 percent in June compared to July, with the slump in transaction volumes coming just before city authorities boosted the stamp duty on home purchases by as much as 50 percent as… Read More>>
Singapore residential prices rose nine percent on year and are close to all-time highs, according to a flash second-quarter price report issued by the city’s Urban Redevelopment Authority (URA) on July 2nd.
The latest jump in home prices moves the… Read More>>
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>>
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>>
Singapore-listed property firm UOL Group and its affiliates have won a large residential parcel on Silat Avenue, just south of Singapore’s General Hospital, for S$1.035 billion ($771 million), amid a two-day flurry of major site acquisitions in the city-state.
The… Read More>>
The Singapore government has awarded a prime commercial and residential site in the city’s upscale Bukit Timah neighbourhood to a consortium led by Far East Organization for S$1.2 billion ($904 million).
Far East Organization partnered with Hong Kong-based sister company… Read More>>
Hong Kong developers New World Development and Far East Consortium have teamed up with their Singapore counterpart SC Global Developments to lodge a record S$410 million ($309 million) bid for a residential site near the city-state’s Orchard Road, according to an… Read More>>
At the top of today’s headlines, Singapore’s housing market is back into bull mode with prices of private homes rising 3.1 percent in the first three months of the year. In another bit of Lion City-driven news, a unit of… Read More>>
