Hanwha pays USD 584m for Seoul office

KOREAN asset manager Hanwa Asset Management has acquired a Seoul office building for KRW 808 billion won (approximately USD$ 584 million), setting a new record as the largest office sale…

By Nelson Yap 3 Min Read

Just for You

Recent News

Launching Asia Property Journal

Today we launch the landmark Asia Property Journal! JUST OVER 20 years ago, APMP Pty Ltd launched Australian Property Journal (APJ) which became the first online member of the Australian…

By Nelson Yap 2 Min Read

HK 10 day boom does not make a summer

IF ten days can be a guide to the future of any property market agents believe property buyers and investors have taken advantage of the ending of the tightening of…

By Edward McDonnell 4 Min Read

India logistics going from strength to strength

DESPITE global and domestic macro-economic uncertainties, demand for warehousing space in India is expected to remain strong in the year ahead. According to CBRE, activity will be driven by the…

By Nelson Yap 2 Min Read

China property prices need to fall by 40% to restore balance

WITH average rental yields of 1.5% across top-tier cities and a glut of unsold housing stock, China’s property market recovery will be slow unless authorities take immediate action. With the…

By Nelson Yap 34 Min Read

China sitting on 3 billion sqm of unsold housing

CHINA'S real estate crisis, which has spread to the wider economy and pushed some of the country’s biggest companies to the brink of collapse, has left more than three billion…

By Nelson Yap 6 Min Read

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…

By Edward McDonnell 3 Min Read

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 –…

By Edward McDonnell 3 Min Read

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…

By Edward McDonnell 7 Min Read

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…

By Edward McDonnell 6 Min Read

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…

By Edward McDonnell 2 Min Read

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'…

By Nelson Yap 4 Min Read

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…

By Edward McDonnell 5 Min Read

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…

By Nelson Yap 4 Min Read

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…

By Nelson Yap 4 Min Read

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.…

By Nelson Yap 3 Min Read
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