Singapore-based co-working space operator JustCo has secured a total of US$74 million from Japan’s Daito Trust Construction. According to a statement, the construction and real estate company will invest US$50 million in JustCo and US$24 million to form a joint venture with the co-working company.
If you’ve ever thought about buying property in Europe, the United Kingdom is the best place to look. Despite the political uncertainty and slowing global economic growth, the UK’s real estate market is picking up. The Financial Times point to several reasons why, such...
Great info on the sizes of the listed real estate and REIT markets in various countries around the world. China and Japan dominates across all countries at US$3.8 trillion and US$2.2 trillion respectively. Germany and UK are largest in Europe at...
Singapore, a paradise of natural and man-made scenic beauty, is home to a large population with diverse global cultures. Apart from opening up panoramic views for travelers, Singapore is also known for its highly developed market economy. It significantly contributes to the various sectors...
In 2018, a collaboration between Chinese developer Yanlord Land Group and MCL Land (known collectively as Asia Radiant) bought Tulip Garden condo for $906.9million. In its place, a brand new freehold condo Leedon Green will be built, and is scheduled for launch in 2020.
Home sales volumes rose 91% from the previous year in October to 928 units. This was a fall of 27% compared to Sept 2018 despite three new major project launches. Year to date volumes are up 13% compared to the same...
Ki Residences is an upcoming new condo launch within the serene confines of Sunset Way (former site of Brookvale Park). Located at a sprawling upper class enclave, Ki Residences offers privacy, exclusivity and tranquility, away from the hustle and bustle of city life.
Here's the Singapore government's revenue and expenses from 2014 to 2019. Figures are from the official Ministry of Finance's (MOF) budget website. An estimated S$117b of total receipts was collected in 2019. Singapore total receipts revenue ...
Private non-landed condo hunters unite! Here is a list of known upcoming condos that will be launched in 2020. The name of the new condo is put down where it is known, otherwise, the name of the former building is...
MAS warns of risks over new property sales tactic where agents have been pitching to flat-owners to sell their HDB flat and use the proceeds to make down payments on two private condos under separate names, one for the family’s occupation and the other to be rented out. The value...
Chinatown Plaza was sold for $260 million in May 2018. Outline planning permission for a serviced apartment with commercial use has also been granted by URA. In other words, a rare freehold mixed development will be built in its...
AREIT's proposed $1.66bn acquisition and fund raise AREIT has announced the acquisition of a portfolio of 28 business parks in the US and two BPs in Singapore from its sponsor CapLand, for a combined S$1.66bn (S$1.71m incl transaction cost).  The US portfolio makes up...
A property roadshow was done by an international investment bank recently and the following was feedback from the event. Recent property news also listed below. Singapore Property and REITs: Key marketing feedback included a reluctance to shift to developers from S-REITs...
Linq at Beauty World is an upcoming mixed freehold development situated at the premium Bukit Timah area. Given its optimal location, and as one of the rare mixed developments in the vicinity, Linq at Beauty World is poised to be one of the...
Property prices (landed and non landed) rose 1.3% on a quarterly basis in 3Q2019. This is slightly lower than 2Q2019's 1.5% increase, but still a good showing. Landed property prices rose 1.0%, compared to -0.1%...