SkyWorld targets affordable housing segment
MALAYSIAN urban property developer SkyWorld Development has entered into a joint development agreement with PR1MA Corporation to deliver an affordable high rise apartment project in Kuala Lumpur. Set on a…
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Seized Kowloon office tower put up for sale
RECEIVERS have put the One HarbourGate East Tower in Kowloon, Hong Kong on the market after seizing the asset from tycoon Chen Kongtian last year. Savills Greater China CEO Raymond…
Mah Sing acquires MYR 1bn Kuala Lumpur development
MALAYSIAN property developer Mah Sing has acquired a prized development site in Kuala Lumpur, with plans for develop a MYR 1.01 billion residential project. Mah Sing purchased the 6.169 acres…
Large deals invigorate Singapore CRE market
COMMERCIAL property transactions in Singapore rose strongly in Q2 2024, underpinned by big headline transactions. At the same time, Singaporean group lift their offshore spending, with SGD$ 3.7 billion in…
Tremendous potential in nascent Asia Pacific data centres sector
WHILST cloud computing was the primary driver for data centre demand, generative AI is now underpinned explosive growth for digital infrastructure, and global institutional investors are taking notice, with 97%…
HSBC Guangzhou office take sustainability to next level
SWIRE Properties’ Taikoo Hui, Guangzhou (Tower 2) – HSBC Office has received another two awards for Leadership in Energy and Environmental Design (LEED) from the US Green Building Council (USGBC),…
Farrer Park offers triple treat
THREE adjoining corner freehold shophouses within Singapore’s Farrer Park district is for sale and expected to fetch around SGD$ 19 million. The conserved shophouses located at 3 Roberts Lane have…
Strata office at Clarke Quay Central up for grabs
FOUR office units within the Clarke Quay Central commercial building in Singapore are up for sale with a guide price of $3,500 psf. Located on level 20 will be sold…
Sold out in 2 days, buyers rush to Davao apartments
PHILIPPINES property developer Cebu Landmasters will soon expand to Luzon after selling out its second horizontal project in Davao in just two days. CLI’s sold out Velmiro Heights Davao project…
Ichigo bolster portfolio with acquisition of Tosho Tokai REIT
JAPANESE sustainable infrastructure company Ichigo has taken over Tosho Tokai REIT and its asset management arm for JPY 10.10 billion. Tosho Tokai REIT owns 24 high-quality residential assets in Aichi…
FPG achieves JPY 200bn in sales
REAL estate fractional ownership investment company Financial Partners Group Co’s Domestic Real Estate Fund Business has exceeded JPY 200 billion sales. The Domestic Real Estate Fund Business allows investors to…
Asia Pacific Power shortages impact data centres, CBRE
POWER shortages across the Asia Pacific is driving rent increases in the emerging data centre market, according to a report by leading agent CBRE. CBRE says in recent years, the…
Wing Tai wins River Valley with SGD $464m bid
REAL estate developer and lifestyle retailer Wing Tai Holdings has been awarded a 99-year leasehold prime residential site in River Valley by the Singapore government’s planning body, the Urban Redevelopment…
New stores surge as Filipinos enjoy retail therapy
FILIPINOS love for shopping is driving retail property the Philippines, with demand for more stores and expansions of existing malls. Latest data shows the Philippine economy expanded by 5.7% in…
Philippines govt relocates NBI to Pasay City
THE Philippines’ National Bureau of Investigation (NBI) has decided to move its main office to Pasay City following a rigorous bidding process. The NBI will occupy nine floors with a…
Hongkong Land shows confidence in luxury retail
PROPERTY developer and investment company Hongkong Land and luxury retail brands Cartier, CHANEL, Dior, Hermès, Louis Vuitton, Prada, Saint Laurent, Sotheby's, Tiffany & Co., and Van Cleef & Arpels will…
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