property International News

Myanmar condo rentals take fall to houses
Myanmar condo rentals take fall to houses

Rentals of condominiums to foreign tenants have taken a fall in the first half of 2017 as the market becomes saturated and the renters increasingly seek detached houses.  Condo rental transactions have fallen by ten percent in 2017 according to a report in the Myanmar Times. Demand for rentals from foreigners and families is shifting to detached homes which can usually rent for between USD3,000 and USD4,000 a month and supply in this sector is increasing, especially in Yangon. Foreigners Read More

Singapore tower sold for USD1.5bn
Singapore tower sold for USD1.5bn

A transaction between two of the largest players in Asian real estate has seen Asia Square Tower 2 has been sold in Singapore for around USD1.5 billion, the second largest sale of an office building ever in the city-state.  CapitaLand Commercial Trust agreed to buy Asia Square Tower 2 BlackRock Inc.’s from Blackrock in a deal which was funded by a rights issue of about USD513 million and bank borrowings of about USD822 million.  Capitaland remains Singapore’s largest offi Read More

HCMC ghost tower repossessed
HCMC ghost tower repossessed

A notorious uncompleted tower project in Ho Chi Minh City, Vietnam has been repossessed by creditors amid claims that over USD300 million in debt has been accrued by investors. The Saigon One Tower in the city’s District One area has stood empty since 2011 following a local property market crash. Construction on the “Ghost Tower” as it has become known began in 2007 and work on the 195m, 41-story tower was due to be completed in 2012. After a five-and-a-half-year delay, local Read More

Koh Mak beachfront on offer
Koh Mak beachfront on offer

A slice of untouched beachfront on Koh Mak island in Gulf of Thailand near the Cambodian border has been put on the market as part of plans to attract more development to the slice of paradise. Just 16 square kilomeres in size, Koh Mak is surrounded by 50 other secluded islands in a radius of just 20km.  Award-winning villa developer Siam Royal View Group (SRV) has announced plans to sell 430,000 square metres of prime beach land with more than a kilometre of shoreline on Koh Mak for US Read More

Home ownership a priority in Southeast Asia
Home ownership a priority in Southeast Asia

A Regional Consumer Sentiment Survey by online property group PropertyGuru has shown that owning a home remains a high priority for citizens of major Southeast Asian nations. The September survey reflected the strong desire by consumers in Singapore, Malaysia, Indonesia and Thailand to purchase residential property with 50 percent of recipients intending to buy within the next six months.  Indonesian consumers were the most optimistic about the real estate market with 60 percent inten Read More

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

Campu Lunpac
Comin Khmer
ETS Cambodia
HSC Decor
Seara Sports Engineering and Creation Asia (Cambodia) Co., Ltd.
Kansai Paint
Cambodia Business Partner
Camcona Group
Plus Enterprise
United Mercury Group
Muhibbah Engineering (Cambodia) Co., Ltd
Dynamic Scientific Co., Ltd
BMSC Business Machines & Supplies Center
Business Machines & Supplies Center (BMSC)
Aluminium Expo Shanghai 2017
UPG Cambodia
Fuxin Steel Buildings co. ltd
Phnom Penh Precast Plants co. ltd
Sika Cambodia
Group Four
Sokea Garden
Star 5 Condo
Diamond Glass
Schwing Stetter India
YY TYY Taiwan