CapitaLand capitalises on hotel boom with 40pc premium sale
JAPAN’S strong tourism sector has driven CapitaLand Ascott Trust to sell a Kyoto hotel for a significant premium of over 40.1%. CLAS has sold the Citadines Karasuma-Gojo Kyoto hotel for…
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Indonesian property sales boost insurance sector
PROPERTY insurance in Indonesia is expected to account for 37.2% of general insurance in Indonesia GWP in 2024. It is also expected to grow by 19.9% in 2024, supported by…
Marcos Philippines government can no longer ignore social housing issue
By Asia Editor, Edward McDonnell COMMENT IT’S TIME the Philippines government took a serious look at its social housing situation; or should I say lack of social housing. Thousands of…
Cebu sought after by international firms
COLLIERS Philippines has observed that outside of Metro Manila, Cebu remains the top choice for outsourcing firms and multinational companies. Cebu led in terms of provincial office space take-up in…
Sekisui House sell-off reaps USD$835 million
EXCLUSIVE: GARDEN City Shinagawa Gotenyama has been sold off for 61 billion yen (USD$403 million) at a discount price -- it was valued late last year at 88 billion (USD$581 million).…
China’s second largest developer ratings downgraded… again
CHINESE homebuilder China Vanke has had its rating downgraded by credit agency Fitch, a week after it emerged that the country’s second largest property developer is looking for a bail-out.…
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…
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…
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…
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…
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…
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…
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