Today’s news features China Overseas Land reporting a 110 percent rise in third quarter operating profit thanks in part to China’s hot housing market. Additionally, Singapore recorded an 8.8 percent increase in home sales while mainland homebuyers looking to avoid… Read More>>
Colliers Adds Barclays Exec as New Head of Research in Singapore
Colliers International has stepped up its market-tracking efforts in Singapore, bringing on board former Barclays Bank executive Tricia Song to head its research team.
The move means that the real estate service provider will be splitting its consulting and research… Read More>>
Singapore Home Prices Drop by Most in Over 7 Years and More Asia Real Estate Headlines
Investors betting that the Singapore housing market had hit bottom got a rude surprise in today’s headlines, as home prices dropped by 1.5 percent in September from August. Also in the news, mainland authorities have singled out Evergrande and China… Read More>>
UBS Bubble Index Shows Impact of Chinese Investors on Vancouver, Sydney
As housing markets on the mainland have started to look more dicey, Chinese home buyers have flocked to global gateway cities such as Vancouver and Sydney, driving up home prices and stunning local residents.
Analysts have cautioned that mainland capital… Read More>>
Wanda Bets on $5.1B Hefei Theme Park and More Asia Real Estate Headlines
Wang Jianlin just can’t keep out of the news as the mainland billionaire’s Wanda Group opens its latest theme park in Anhui province. Also in the news, CapitaLand picks up its ninth residential project in Vietnam, while Shanghai investors buy… Read More>>
Shanghai Office Rents Now World’s Fastest Growing – HK’s Still Most Expensive
Hong Kong has been grabbing headlines for having the world’s most expensive office space, but its competitor to the north may be catching up quickly, as Shanghai is now seeing the sharpest rates of increase in prime office rentals, according… Read More>>
ARA Said Buying 50% Stake in SG’s Capital Square From Alpha
ARA Asset Management is said to have won its bid to purchase a 50 percent stake in Singapore’s Capital Square from Alpha Investment Partners, according to an account in Bloomberg.
No transaction price was disclosed for the 16-story building at… Read More>>
After Nearly 4 Year Market Slide, Singapore Says Property Curbs Here to Stay
Singapore home prices are on the city-state’s longest slide in almost two decades, but the authorities running the country’s economy have no intention of letting up on the restrictions that started taking the air out of a historic pricing bubble… Read More>>
Glorious Property Misses Bond Payment and More China Real Estate Headlines
Leading the news today, troubled Chinese developer Glorious Property has missed a bond payment exactly one year after an early default that was resolved once bondholders got lawyered up. Also in the headlines, Hong Kong homebuilders seem in a hurry… Read More>>
Colliers Adds Colin Clark to Build SG Project Management Team
Colliers International continued to add to its management team in the region this month by bringing engineering veteran Colin Clark on board as head of project management for its Singapore office.
The addition of Clark, who had spent the past… Read More>>