association International News

Capitaland looks to future with Alibaba and Lazada
Capitaland looks to future with Alibaba and Lazada

Leading Singaporean property company CapitaLand is making agreements with two major e-commerce players in the real estate sector. Capitaland has entered into agreements to manage Alibaba’s Shanghai Center, which comprises four office towers and a retail podium, as well as with Lazada to launch an online mall.  CapitaLand and Alibaba Group are looking to integrate their retail with offline and online (O&O) sales channels in China, while CapitaLand is collaborating with Lazada Gr Read More


Top 10 world’s highest-priced office market
Top 10 world’s highest-priced office market

Prime Office Rents Showed Strongest Growth In Tech & Media Hubs... text coming soon! Read More


ASIA drives inter-regional property investment
ASIA drives inter-regional property investment

Asian investors are increasingly driving global inter-regional commercial property investment as they look to western markets for deals.  According to a report by property analysts JLL, Asian investors now represent five of the 10 biggest cross-border spenders. Inter-regional investment reached USD19.5 billion in Q2 2017, up 71 percent from the same period in 2016. China, Hong Kong, Singapore, South Korea and Japan led the Asian markets with almost all their inter-regional investments Read More


Green Light For Myanmar development
Green Light For Myanmar development

The Myanmar government has given the green light for a huge mixed-use development in Bago Region between Yangon and Mandalay. The USD184 million project being developed by Hantharwady Development Public Company will feature housing and an industrial park set on different sites. The residential area will be developed over 100 hectares with the industrial park spread over more than 900 hectares. Situated between the two sites, the same company is developing an enormous eco-resort across almo Read More


SC Capital establish USD1BN reality Fund
SC Capital establish USD1BN reality Fund

SC Capital Partners has launched a USD1 billion real estate fund to further expand its property portfolio in Asia Pacific and Southeast Asia.  The Singapore-based private equity firm has established Real Estate Capital Asia Partners V (RECAP V) as the fifth such vehicle to manage its investments. The fourth RECAP successfully invested USD850 million in regional real estate after closing in 2014, and its previous RECAPS were considered some of the best performing property-based equity fun Read More


Vietnam property attracts foreign investors
Vietnam property attracts foreign investors

Vietnam’s tiger economy status in the real estate sector continued to gain strength in the first half of 2017 by attracting high levels of foreign direct investment (FDI).  Statistics released by the Vietnam Ministry of Planning and Environment showed that FDI in property totalled USD700 million in 618 projects which made it the firth most popular investment sector. 39 new projects were approved and a staggering 2,279 real estate agents licensed which represented a increase of almo Read More


Myanmar facing housing shortage
Myanmar facing housing shortage

Myanmar’s recent economic growth has focused attention on its future housing needs amid fears of a medium term shortage.   At a recent property event hosted by the property portal House.com.mm, the Housing Development Department of the Construction Ministry announced that it planned to develop 8,000 homes per year.  However, with an estimated 4.8 million homes required by 2040, this figure only amounts to 20 percent of the deficit. Department’s deputy director Nway Hmu Read More


Hong Kong market hits record highs
Hong Kong market hits record highs

Residential property values in Hong Kong are now 75.9 percent higher than they were 20 years ago when the city was handed over to Chinese rule according to JLL’s Land and Residential Market Review. Investment from People’s Republic of China (PRC) continues to drive prices skyward in what is already the world’s most expensive city. The share of residential sites awarded to PRC developers has increased from 1 percent in 2001 to 100% in 2017.  According to the research, Read More


Rentals driving Yangon market
Rentals driving Yangon market

With a vibrant rental sector driving the Yangon market, Myanmar real estate experts believe this trend could catalyse investment into residential developments and construction of new units.  Rental fees in Yangon offer much higher returns on investment than any neighbouring countries such as Thailand and Vietnam.  This offers great opportunities for local and international investors, who can now own 35 percent of a local business thanks to a new investment law and a new condo law wh Read More


Thai realty market rebounding
Thai realty market rebounding

The condominium market in Bangkok has experienced a slight upturn in Q1 2017 thanks to growing demand and a slowing in new projects coming online. Pre-sales of new projects in Q1 2017 was solid at 67 percent, a 3 percent increase over the same period in 2016. Both completion dates and sales slowed following the death of the Thai king in 2016.   The average selling price for new CBD condominium units in Q1 was USD7, 110 per square metre which is 7.1 percent Y-o-Y higher but unchanged s Read More


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