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HKL divests Tokyo capsule hotel

HONG Kong property developer and investment group Hon Kwok Land has sold a capsule hotel in Japan’s capital…

Singapore receives major boost with $775m sale

IN a big shot in the arm for the local commercial real estate market, the Mapletree Pan Asia…

CDL wins tender to buy Delfi Orchard for S$439m

DEVELOPER City Developments Limited (CDL) has been awarded the tender to buy the Delfi Orchard, a commercial building…

Singapore’s Hiap Hoe check-in at Perth’s Riverdale

TWO Perth hotels have changed hands, with the Great Eastern Motor Lodge selling for $40 million to Singapore's…

Asia Pacific prime rents continue free fall

PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta.…

Japanese owner mulls USD$750m Manila casino resort float

JAPAN’S Universal Entertainment Corp is reviving its plans to list its mega casino and resort complex, Okada Manila…

Navanaami plans twin skyscrapers in the City of Pearls

PROPERTY developer Navanaami Projects Private Ltd has drawn back the curtains on its crowning jewel project, Megaleio, in…

Foreign property investors return to Phuket

PREMIER leisure destination Phuket is witnessing a resurgence, attracting affluent overseas property buyer as Thailand’s largest island is…

Korean VC shows confidence in Asia long-stay sector

SOUTH Korea’s largest venture capital, the USD$3.2 billion Korean Investment Partners (KIP) has thrown its support behind LiveIn,…

Megawork unveils estate and golf course in Lian Batangas

THE Philippines leading township developer Megaworld is planning to develop a 150-hectare beachside property in Lian town, Batangas…

Tokyo luxury property rents rise, Singapore decline

DESPITE healthy economic growth and its status as Asia’s financial capital, Singapore’s luxury residential property rents have slumped…

Philippines on course to become economic powerhouse

PHILIPPINES economy will triple in size over the decade to become a major economic titan like China, Japan, India,…

Japanese department store Isetan expands in Bangkok

JAPAN'S largest department store group Isetan Mitsukoshi is expanding its brand in Bangkok, taking advantage of the growing…

US manufacturer rewires supply chain with Malaysian facility

UNITED States Illinois-based electrical and network infrastructure manufacturer Panduit is fortifying its supply chain by opening a new…

China’s property rescue plan to stabilise market

ALTHOUGH China’s new property rescue plan is expected to stabilise market the financial position of construction projects, uncertainty…