Asia real estate and outbound investment news
GuocoLand is scaling up its S$2.4 billion ($1.73 billion) Guoco Midtown project by merging a S$800 million residential site acquired last month into the mixed-use development, according to a stock exchange announcement by the Singapore-listed developer.
The builder says it… Read More>>
Developers in tropical Singapore kept their cool at a couple of land tenders last week with a site near Bugis, at the fringe of downtown bringing 10 offers, while a second plot in the Geylang red light district attracted only… Read More>>
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>>
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>>
Hong Kong’s New World Development and Far East Consortium (FEC) have teamed up with Singapore’s SC Global Developments to win a luxury residential site near Singapore’s prime shopping area Orchard Road, after placing a record S$410 million ($309 million) bid… 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>>
A public tender for a mixed-use commercial and residential site valued at over S$1 billion ($759 million) in Singapore’s Bukit Timah neighbourhood has drawn 15 bids from a roster of property heavyweights including CapitaLand, UOL Group and Lendlease.
Ten consortia… Read More>>
London leads Asia’s real estate news again today, with Chongqing-based CC Land heading back to the UK capital for another acquisition on Leadenhall Street. Closer to home, Guangdong-based Agile Group says it’s putting $1.1 billion into a project in its… Read More>>
A prime commercial site in Hong Kong’s Central area may sell for up to HK$11 billion ($1.41 billion), after drawing nine bids from local developers in a tender that closed on Monday.
The city’s Urban Renewal Authority (URA) announced that… Read More>>
Leading today’s headlines, a car park on Murray Road is expected to bring bids as high as HK$22 billion, but failed to bring interest from many of China’s biggest developers. Meanwhile up in Beijing, Malaysia’s prime minister works hard to… Read More>>
