Return of cooling measures for S’pore property
Just days after Singapore’s monetary authority fired a warning shot across the bow of the country’s overheating market, the government announced that it would raise the additional buyer’s stamp duty (ABSD) and tighten loan-to-value (LTV) limits on residential property purchases. While the move comes as a surprise to many,... Read more
Singapore authorities warn of property ‘euphoria’
GOVERNMENT MONITORING SITUATION, POISED TO STEP IN IF MARKET OVERHEATS For the second time in eight months, Singapore’s currently hot property market has been put on notice. The island republic’s central bank warns that a bubble is building up and is already cautioning developers, financial institutions and home buyers... Read more
SP Setia hits RM1.11b in sales for Q1,2018  
FOCUS O MID-RANGE PROPERTIES PAYS OFF FOR DEVELOPMENT GIANT, AS IT REMAINS OPTIMISTIC ABOUT ACHIEVING ITS RM5 BILLION TARGET THIS YEAR With the air of change still thick with euphoria following the election, it is also comforting to know that there is bright news on the “business-as-usual” front. Providing... Read more
How do wealthy Malaysians stack up?
REPORT: THEY INVEST IN PROPERTY, ARE SANGUINE ABOUT CRYPTOCURRENCIES AND ARE KEEN TO SEND THEIR KIDS ABROAD FOR EDUCATION BY Zoe Phoon Cross-border real estate continues to attract Asian investors with wealthy individuals in Malaysia, Hong Kong and China most likely to buy, according to global property consultancy Knight... Read more
Residential co-living trend picking up in Asia
ASIAN MILLENNIALS ARE NOW SHARING MORE THAN WORK SPACES AND TRANSPORT BY Chris Prasad A recent report by international property consultant Jones Lang LaSalle (JLL), entitled “Bridging the Housing Gap”, reveals that Asian millennials are now beginning to adopt a more communal attitude towards living as a means to... Read more
Eco Sanctuary wins at Singapore Property Award 2017
Premier Malaysian developer SP Setia picked up a prestigious accolade from Singapore Property Award 2017 for its Eco Sanctuary project, which was awarded in the “Sustainable Development” category. Held last week, the Singapore Property Award 2017 is organised by FIABCI Singapore, the local chapter of the renowned international real... Read more
CapitaLand purchases Asia Square Tower 2
Leading Singapore real estate company, CapitaLand, has agreed to buy Asia Square Tower 2 (AST2) marking the largest office transaction in the entire Asia Pacific region this year. AST2 is part of a world-class commercial development in Singapore’s Marina Bay business and financial district, and CapitaLand’s is reportedly paying... Read more
World’s most expensive office markets revealed
HONG KONG, LONDON AND NEW YORK TOP THE LIST Hong Kong (Central) and London’s West End continue to command the highest prime office occupancy costs in the world, says CBRE Research’s annual Global Prime Office Occupancy Costs report. Hong Kong central district’s overall prime occupancy costs of US$303psf (US$1... Read more
Singapore’s Monetary Authority not budging on cooling measures
In what could be seen as a blow to optimism among developers in the Island Republic, the Monetary Authority of Singapore (MAS) recently announced that the country’s property cooling measures are here to stay. The move goes against the grain of expectations from the market, which has been performing... Read more
Brace for profound digital disruption
BUT, OVERALL, THAT’S A GOOD THING, SAYS ASIA-PAC SYMPOSIUM The fact that global digital transformation has had an impact on almost every industry on the planet is hardly news to anybody who has been an active participant in the workforce over the last decade. What’s strange is, real estate... Read more