The interest rate on mortgages is now 50% higher than a year ago as 3-Month SIBOR continues its upward trend. The 3-month SIBOR is now ~2%, up from 1.4% 12 months ago . The last time the benchmark hit 2% was in 2007. As a result, mortgage...
About 60 representatives of institutional investors came together at the MIPIM RE-Invest summit in Cannes, France on Tuesday to discuss the future of commercial real estate. Topics touched on at the 30th edition of MIPIM centred around deals, pricing, e-commerce, climate change, new ways...
Citi’s Take – We provide key investors’ feedback on CapitaLand’s acquisition of Ascendas-Singbridge (ASB) from its attendance at Citi’s 24th Annual Global Property CEO Conference in Miami last week, as well as our marketing in Europe, Hong Kong, Malaysia, Singapore, Thailand and US following the publication of...
Source: CBRE Global Research Unpredictable economic growth or contraction, shorter business cycles and rapid advances in technology require companies in Asia Pacific adapt to sudden changes in business conditions more quickly than ever before. Nowhere is this trend more...
ESR Cayman Ltd. confirmed that it has filed the papers for its proposed IPO on the Hong Kong stock exchange. The Asia Pacific-focused logistics real estate developer filed the application proof for the float March 1. Details of the IPO — such as the...
Brookfield Property Partners LP appointed JLL and Cushman & Wakefield to oversee its divestment of a 50% stake in an A$800 million office development planned at Elizabeth Quay precinct in Perth, Australia, The Australian reported. The market-bound 30-story project that will span 52,000 square...
Come back home to your personal oasis. Buangkok and Sengkang centrally located condo offers you maximum and unparalleled convenience.
Riviere condo by Frasers Property at Jiak Kim. Your ticket to riverside city living.
Quoting the Urban Redevelopment Authority's (URA) fourth quarter 2018 housing statistics, Morgan Stanley reports that unsold inventory rose, but they think it is temporary. While vacancies fell faster than they expected, it did not translate into higher rents. Home prices fell...
Exclusive * SoftBank Group Corp. is believed to be in negotiations to invest US$2 billion in WeWork Cos. Inc. in 2019. The potential investment is lower than the US$16 billion earlier reported to be earmarked by the Japanese multinational conglomerate for the American co-working space provider. * Singaporean property developer CapitaLand...
Morgan Stanley hosted CEO Mr Lee Chee Koon and senior managers for an investor meeting. Key takeaways CapitaLand is working towards double-digit ROE from current 8% Leveraging on technology to improve productivity and tenant connectivity across mall, office and serviced residence properties Optimistic on Vietnam with contributions rising to S$100m...
Daiwa released a research note backing Singapore property developers after strong November sales. Key takeaways  1,052 new homes sold this month as of 18 November 2018, backed by 7 new launches We still see healthy sales rates for the new launches and ongoing launches, even after the cooling measures in...
Property investors, speculators and buyers unite! There will be on average 1 new condominium being launched for sale per week in 2019. You will definitely be spoilt for choice in your house hunting adventure. Let's go straight in to see what's...
GuocoLand's Beach Road integrated project adds to area's revamp Business Times, 26 November 2018 GuocoLand announced on Sun the groundbreaking of its integrated project on Beach Road - a project which, when completed in mid-2022, will add to the rejuvenation of the nearly 2 km stretch of road. Guoco Midtown will...
Singapore’s 3Q18 GDP grew at a slower 2.2% pace, below economists’ expectations of 2.4%, as the manufacturing and services sectors disappointed. The growth figure was also revised downwards from advance estimates of 2.6% and was lower than the 4.1% growth in 2Q18. Manufacturing grew 3.5% in 3Q18, moderating from 10.7%...
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