Luxury Hong Kong home expected to fetch HKD$80m
A RARE and luxurious detached house in Hong Kong’s New Territories is on the market with an indicative price of HKD$80 million (approximately USD$10.2 million). Savills has been appointed as…
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Manila the new darling of Asian property
ONCE described “more dangerous than a war zone” (by a disgruntled journalist), Manila’s apartment market and luxury home market has become the darling of the property world. Of course, the…
Foreign investment in South Korea – Don’t get carried away!
There’s been a lot of talk about foreign investment in the South Korean property market in recent times and in fact it has increased five-fold in the past decade –…
Rise of the Philippines property market
THE Philippines property market once shunned by global investors is now seen as one of Asia’s brightest investment lights. Analysts view stable government over the past decade and a massive…
CHINA’S housing minister has told troubled property company to “go bankrupt”.
CHINA'S housing minister has told troubled property company to "go bankrupt". This stark admission by China’s housing minister Ni Hong reveals the troubled state of China’s economy and housing market…
South Korea’s powerhouse property market
SOUTH Korea's Real Estate market is expected to reach a staggering value of USD$26.69tn in 2024. According to global research group Statista, one of the key trends in the South Korean…
CapitaLand capitalising on growing accommodation demand in APAC
SINGAPORE-headquartered global real estate manager CapitaLand has launched a second lodging fund, with a target equity size of US$600 million (approximately A$924 million), to take advantage of growing institutional investors'…
Plenty of room in the Japanese Inn
JAPAN’S declining population has already begun to wreak havoc on the island nation’s property market. Currently, Japan’s population sits at just under 127 million people - down more than half…
Mapletree branches out further in Malaysia and Vietnam
THE SGD$13.3 billion Mapletree Logistics Trust continues to target Malaysia and Vietnam which are benefitting from a structural shift and global supply chain diversification reshaped by the pandemic and ongoing…
Singapore luxury residential market cooling
AN ongoing crackdown on money laundering and buyers baulking at high asking prices has seen luxury residential sales plunge in Singapore. At the same time, Lion City residents are buying…
Daiwa House buys Tokyo logistics at 18pc discount
SINGAPORE Exchange-listed Daiwa House Logistics Trust has completed the acquisition of a freehold property in Greater Tokyo for JPY2,640.0 million (S$24.1 million) at an attractive 18.1% discount to independent valuation.…
Large scale aggregation set to attract pastoralists
AROUND $40 million is expected for a large-scale, sheep and goat enterprise spanning 80,887 hectares along the border of Queensland and NSW. The Talbalba aggregation, near Cunnamulla, includes four holdings…
Sink or swim? apartments facing major feasibility and reputable builder hurdles
THE apartment market in 2024 will continue to be defined by the widening gap between demand and supply with projects that will deliver the much needed stock facing feasibility hurdles,…
Retail landlords face leasing uncertainty in the year ahead
IN a sign of further volatility for retail leasing, the cost-of-living pressures that are forcing people to eat out and order takeaway less are translating into lower turnover and putting…
Fly-in fly-out, Singaporean makes $40m booking in Perth hotel
SINGAPORE Exchange-listed Hiap Hoe has finalised its $40 million acquisition of an inner Perth hotel, which services fly-in fly-out workers in Western Australia's booming mining sector. Located at 81 Great…
Gurner plans $800m luxe tower on famed boulevard
PROLIFIC developer Tim Gurner has lobbed $800 million plans for a luxury apartment tower on Melbourne’s St Kilda Road, designed by the architects that drew up One World Trade Center…
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