The ongoing Chinese exodus from Australia’s real estate market leads today’s look at news from around the region as Ping An seeks to exit Sydney’s Salesforce Tower. Also in the headlines are a Tokyo office deal and a Hong Kong… Read More>>
Singapore Home Sales Jump to Nine-Month High on Strong Demand at New Projects
New private home sales in Singapore hit their highest level in nine months in August, according to data released Monday by the Urban Redevelopment Authority.
Excluding the public-private hybrid executive condo segment, developer sales totalled 2,142 units last month, more… Read More>>
Sing Holdings-Sunway JV Bests Four Competing Bids for Singapore Residential Site
A joint venture of local builder Sing Holdings and Malaysia’s Sunway Group entered the top bid of S$623.9 million ($483.9 million) for a residential site in northeastern Singapore, according to the Urban Redevelopment Authority.
China’s state-backed COLI placed the runner-up… Read More>>
Singapore’s URA Launches Tender for Bukit Timah Site Yielding 340 Homes
The Urban Redevelopment Authority on Tuesday released a residential site in Singapore’s upscale Bukit Timah area for tender under the Government Land Sales programme with capacity to provide 340 homes.
The Bukit Timah Road site next to the Newton MRT… Read More>>
CDL Places Top Bids for Two Suburban Singapore Residential Sites
One of Singapore’s most aggressive suitors for Government Land Sales plots is poised to add to its project pipeline, with City Developments Ltd having entered the top bid in separate tenders for two suburban residential sites.
The builder controlled by… Read More>>
Singapore New Home Prices Levelled Off in Q2 and More Asia Real Estate Headlines
Price growth continues to slow in Singapore’s private housing market, with that story leading today’s headline roundup. Also making the list, China’s new home prices edge higher and Hong Kong’s New World Development faces more challenges after its loan refinancing.
Frasers JV With Sekisui House, CSCEC Places $385M Top Bid for Western Singapore Site
A consortium of Frasers Property, Japanese builder Sekisui House and China’s state-owned CSCEC bested eight rival offers to enter the top bid of S$491.5 million ($385.4 million) for a western Singapore residential site, according to the Urban Redevelopment Authority.
The… Read More>>
Singapore Draft Master Plan Maps Out New Neighbourhoods, Business Hubs
The next 15 years will see Singapore cultivate “new neighbourhoods” in city-fringe areas and redevelop large brownfield sites into housing estates, according to a draft master plan released Wednesday by the Urban Redevelopment Authority.
The area surrounding Newton MRT station… Read More>>
Singapore’s URA Launches Tenders for Sites Yielding Up to 1,765 Homes
The Urban Redevelopment Authority on Tuesday released three Singapore residential sites for tender under the Government Land Sales programme with capacity to yield 1,765 homes.
The sites at Dorset Road, Upper Thomson Road (Parcel A) and Telok Blangah Road can… Read More>>
Singapore Home Sales Slump to Five-Month Low as Government Dials Back New Supply
New private home sales in Singapore hit their lowest level in five months in May amid a drought of project launches, according to data released Monday by the Urban Redevelopment Authority.
Excluding the public-private hybrid executive condo segment, developer sales… Read More>>
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