Forest City’s Chinese buyers to get refunds
KUALA LUMPUR (April 5): Country Garden Holdings has announced it will refund money to mainland Chinese buyers of its mega Forest City development in Johor.
Singapore REITs get an upgrade as Fed doves & hawks tussle
SINGAPORE (April 3): CIMB Research is upgrading its sector outlook on Singapore REITs (S-REITs) from “underweight” to “overweight” on a dovish Fed outlook in addition to a potential sector re-rating ahead of a broader physical recovery in 2018.
Asian cities are getting more expensive, Singapore tops the list for 4th consecutive year
PETALING JAYA (March 23): According to the “Worldwide Cost of Living Survey 2017” by The Economist Intelligence Unit (EIU), Singapore is the most expensive city in the world, with Asia being home to five out of the top six priciest cities in the survey.
Singapore third most expensive city in Asia for construction
SINGAPORE (March 6): Singapore is revealed as the third most expensive city in Asia for construction, following Hong Kong and Macau, according to the International Construction Costs Index published on Monday by built assets design and consultancy firm Arcadis.
Tight lending environment could continue until 2019
SETIA ALAM (March 4): Banks are not expected to loosen their lending policy in the next three years although the country's loan approval rate in 2016 was at a historical low, said Smart Financing CEO Gary Chua.
Asian millennials continue to seek financial security in real estate
KUALA LUMPUR (Feb 21): Some 45% of millennials continue to purchase properties across Asia to generate rental income for their retirement, according to the “Manulife Investor Sentiment Index” report.
Amprop acquires maiden residential development site in Madrid, Spain
PETALING JAYA (Feb 16): Amcorp Properties Bhd (Amprop) has secured its maiden residential development site in Madrid, Spain with joint-venture (JV) partner Grosvenor Europe.
AlloyMtd to launch One Crown Place, London next month
KUALA LUMPUR (Feb 16): AlloyMtd Group’s One Crown Place, a mixed development on the edge of London city, is set to be launched in Asia next month.
JLL: Asian investors of hotel properties continue shopping
PETALING JAYA (Feb 16): Asian investors of hotel properties will continue to feature in 2017, with groups from Singapore at the fore, according to global real estate firm JLL.
4Q2016 London office take-up rate the highest since 3Q2015
KUALA LUMPUR (Feb 8): Central London’s office take-up rate for the final quarter of 2016 has totalled 3.
