Jan 20, 2017
Singapore-listed property developer and construction group TA Corp had its origins as a building contractor. The company was started 40 years ago by Lion Tiong Kui, the father of group CEO Neo Tiam Boon. At the time, the company was named...
Jan 20, 2017
Four adjoining ground-floor retail units and a second- floor office unit located at the 999-year leasehold Goldhill Plaza have been put up for sale by public tender. According to CBRE, the guide price for the entire portfolio is $20.8...
Jan 19, 2017
City Developments Limited (CDL) has inked an agreement to invest RMB 72 million ($14.8 million) for a 24% stake in Distrii, a operator of co-working spaces in China.
Founded in January 2016, Distrii has capacity for more than 2,200...
Jan 16, 2017
CapitaLand has entered into a conditional agreement to purchase a prime commercial site in the CBD of Ho Chi Minh City to develop its first international Grade A office tower in Vietnam.
In a statement issued on Jan 17, CapitaLand says...
Jan 13, 2017
On Jan 6, Federico Asaro was up at the crack of dawn and at his new hotel, Villa Samadhi Singapore, by 5.30am. “Since it’s the first day of business, I wanted to make sure the new staff arrived on time because the shift starts at 6am,”...
Jan 12, 2017
R&F Properties has appointed Hyatt Hotels Corp to manage its hotel component at R&F Princess Cove, a mixed-use development in Johor Baru, Malaysia.
R&F Princess Cove is Hong Kong-based R&F Properties Group’s first...
Jan 09, 2017
Property industry veteran Michael Ng Seng Tat has joined Chip Eng Seng Corp as executive director of the group’s fully owned subsidiary CEL Development, overseeing its regional businesses.
CEL Development is the property investment,...
Jan 08, 2017
There is no denying that 2016 was an eventful year, with Brexit and the surprising US presidential election result grabbing headlines around the globe. By comparison, the economic and political landscape in Asia-Pacific was rather more...
Jan 07, 2017
As the proportion of unprofitable property transactions surged from 9% (508 out of 5,433 matched transactions) in 2015 to 17% (1,002 out of 5,924 matched transactions) in 2016, the losses incurred by sellers climbed 62% from $161 million...
Jan 01, 2017
This year saw five executive condominium (EC) projects launched, offering a total of 2,656 units. Property and construction group Sim Lian headlined two of those projects, the 534-unit Wandervale in Choa Chu Kang and the 504-unit Treasure...