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China Aoyuan HQ

Deloitte Resigns as Aoyuan Healthy Life Auditor and More Asia Real Estate Headlines

2022/06/06 by McDowell Ramintas Leave a Comment

In today’s roundup of regional news headlines, Deloitte steps down as auditor of mainland developer Aoyuan’s property management spin-off, homebuilder Jiayuan gets a ratings upgrade after making an interest payment, and China’s Super Ocean seeks a capital partner for its… Read More>>

Singapore construction

Singapore Home Prices Pegged to Rise Less Than 5% in 2022 After a Flat Q1

2022/04/04 by Beatrice Laforga Leave a Comment

Singapore home price growth slowed in the first quarter following the government’s introduction of cooling measures in December, according to official flash estimates released on Friday, with analysts now predicting that sales of new homes will remain muted for the… Read More>>

Wong Siew Ying

Singapore Notches Second-Highest January New Home Sales Since 2014 

2022/02/16 by Beatrice Laforga Leave a Comment

Singapore homebuyers have shrugged off the latest government attempts to cool down the housing market, with the city-state recording its second-busiest January housing market in the past eight years, according to data released this week.

“It is the highest private… Read More>>

Ismail Gafoor PropNex

Cooling Measures, Holidays Pull Singapore New Private Home Sales Down 58%

2022/01/17 by Beatrice Laforga Leave a Comment

Singapore’s new private home sales dropped by 58 percent in December after cooling measures put in place halfway through the month raised taxes on home purchases, restricted mortgage lending and quickly dampened homebuyer enthusiasm.

Data issued today by Singapore’s URA… Read More>>

xu jiayin evergrande

Evergrande Transfers Cash to Avoid Bond Default and More Asia Real Estate Headlines

2021/10/22 by Michael Cole Leave a Comment

Investors in Chinese developer bonds (and perhaps a few of the developer bosses) went home happier on Friday as reports emerged that China Evergrande has arranged funds to avoid default on a set of US dollar notes, and that story… Read More>>

Far East Organization chief executive Philip Ng

Far East, Sino Land Win Central Singapore Mixed-Use Site for $770M

2021/08/31 by Christopher Caillavet Leave a Comment

A joint bid by Singapore-based Far East Organization and Hong Kong’s Sino Group has won a tender for a commercial and residential site in the leafy Jalan Anak Bukit area of central Singapore, with the S$1.03 billion ($770 million) offer… Read More>>

Quek Leng Chan

GuocoLand Bids $576M for Singapore Site as Housing Market Rises

2021/07/25 by Michael Cole Leave a Comment

A pair of Singapore residential sites attracted competitive bidding from developers late last week as the city-state’s housing market continues to benefit from investor confidence, as shown by rising home prices and recovering sales volumes in Southeast Asia’s most expensive… Read More>>

Raymond Chow of Hongkong Land at Centricity

Hongkong Land Opens Flexible Offices in Central and More Asia Real Estate Headlines

2021/06/16 by Danat Krairiksh Leave a Comment

In today’s roundup of regional news headlines, Hongkong Land does an about-face on co-working space, China Evergrande’s shares slip on fears that the developer might have to dilute its stake in a mainland bank it’s chummy with, and Abu Dhabi’s… Read More>>

CK Asset Said Floating $1.4B Sale of UBS London HQ and More Asia Real Estate Headlines

2021/06/12 by Danat Krairiksh Leave a Comment

In today’s roundup of regional news headlines, Li Ka-shing’s CK Asset is said to be entertaining offers for UBS’s London headquarters building, Singapore plans a public tender for a development site near Marina Bay, and China Evergrande chairman Hui Ka… Read More>>

jesline goh UOL

UOL Tops 14 Competing Offers with $287M Bid for Central Singapore Site

2021/05/25 by Michael Cole Leave a Comment

A real estate developer controlled by the family behind United Overseas Bank has placed the top bid for a residential site overlooking a set of parks in central Singapore, edging out 14 other contestants including a joint offer by City… Read More>>

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