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Data Centre AirTrunk Headquarters in North Sydney, Australia

Macquarie-Backed AirTrunk Mulls $6.4B IPO and More Asia Real Estate Headlines

2023/09/25 by Ponrath Sopannarath Leave a Comment

A Macquarie-backed data centre operator may be headed to a $6.4 billion IPO, with that story leading our roundup of real estate headlines today. Also in the news, Hong Kong’s relaxed mortgage policies are expected to have little effect on… Read More>>

Wing Tai executive director Tan Hwee Bin

Wing Tai Wins Residential Site in Singapore’s Holland Village for $57M

2023/03/15 by Christopher Caillavet Leave a Comment

Wing Tai Holdings has won a tender for the collective purchase of a residential building in Singapore’s posh Holland Village area for S$76.3 million ($56.8 million), with the developer planning to remake the site into luxury housing as the city-state’s… Read More>>

Pansy Ho Shun Tak

Shun Tak Adds $407.5M Luxury Site to Growing Singapore Portfolio

2021/12/10 by Beatrice Laforga Leave a Comment

Hong Kong’s Shun Tak Holdings has picked up a residential site near Singapore’s posh Orchard Road shopping district for S$556.7 million ($407.5 million) as it readies another upscale residential development amid growing demand for premium homes.

The company founded by… Read More>>

sherman kwek CDL

CDL Buys Residential Site in Singapore’s Upper Bukit Timah for $93M 

2021/11/28 by Beatrice Laforga 4 Comments

A unit of SGX-listed developer City Developments Ltd (CDL) has secured the rights to a pair of commercial properties in Upper Bukit Timah for S$126.3 million ($92.5 million), a move that could pave the way for a new condominium tower… Read More>>

Swee-Shou-Fern-ETCo

Condo Owners in SG’s Orchard Area Try for $463M Collective Sale

2021/11/22 by Beatrice Laforga Leave a Comment

A 22-storey freehold condo complex near Singapore’s posh Orchard Road is back on the market for the third time in three years, with the owners trying for their highest price ever as home prices in the city state head for… Read More>>

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People in the News

Hongkong Land Names Mapletree’s Smith Chief Executive as Office Slump Continues

Michael Smith Hongkong Land

The biggest landlord in Hong Kong’s Central district is headed to a second straight year of declining profits and the … Read More>>

New World’s Henry Cheng Says Searching for Successor, May Opt for External Candidate

Cheng Kar-Shun, NWD

Hong Kong property and retail tycoon Henry Cheng Kar-shun says he is still looking for a successor to run the family’s … Read More>>

Blackstone in Need of New CEO for India Industrial Platform as Rahul Pandit Departs

Rahul Pandit

Having established a portfolio of 17 industrial developments across eight major markets in India, Blackstone is looking … Read More>>

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