ZADC
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
Japan pushing hard to land HSR project
Japan is reportedly pulling out all the stops to land the lucrative Kuala Lumpur-Singapore High Speed Rail (HSR) deal, and is now using diplomatic muscle to ensure it has a seat at the table. According to the Nikkei Asian Review, the recent lapse in the Bandar Malaysia deal involving... Read more
Singapore poised for rebound, say analysts
The long downtrend period for Singapore’s housing market may be coming to an end, say market watchers, noting that there are now signs of a potential rebound. In an interview with CNBC, Cushman & Wakefield’s managing director of Asia Pacific research Sigrid Zialcita told the news network that she... Read more
Which Asian cities offer the best property bargains in 2017?
PwC RATES INDIAN CITIES AS TOP TWO CONTENDERS A report from international business news agency Bloomberg cites India as not only the fastest growing economy in the world, but also a market that will offer the best real estate investment deals in the year ahead. A global survey has ranked... Read more
Jurong Lake District: S’pore’s 2nd CBD, linked to KL
BY Zoe Phoon The Jurong Lake District (JLD) area in the island republic will be given a striking identity as the second CBD and as one of the places to be connected to Malaysian capital Kuala Lumpur as a result of the future high speed rail (HSR) system. The... Read more
Think like a political scientist in 2017
Global property firm Knight Frank rounds up the economic, policy and political factors that will define Asia Pacific property markets this year BY Kate May Understanding the underlying economic and political factors in specific markets is key to determining property market trends across the Asia Pacific region, says global... Read more
M’sia has ‘excellent’ house price time series, says research firm
Malaysia is among the ex-British colonies including Hong Kong and Singapore to have good house price statistics, according to residential property investment research firm Global Property Guide (GPG). It said Malaysia, Hong Kong and Singapore all have “excellent” house price time series, the best being Hong Kong where the... Read more