World Bridge Homes Adjusts Low-cost Housing Project Payment Policy
In response to market feedback, World Bridge Homes announced on February 2 an adjustment to the down payment policy of its low-cost housing project by extending the payment period from six months to 24 months.
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Aecom Overseeing Malaysia Rail Link
US engineering firm Aecom has been selected by the China Communications Construction Company (CCCC) to supervise the construction sites on the USD13bn East Coast Rail Link (ECRL) project in Malaysia. In a press release, Aecom said it would be looking after all stations, viaducts, tunnels and depots on the project, which involves building an electrified […]
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Usd6.7bn Upgrade Proposed for Philippines Airport
A USD6.7 billion proposal to triple the capacity of Ninoy Aquino International Airport (NAIA) in the Philippines capital of Manila has been submitted by a local consortium to the Department of Transportation for consideration. The 70-year-old airport has far exceeded its original annual capacity of 30 million and last year saw over 42 million passengers […]
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Oxley on Track With Usd2.5bn Myanmar Station Upgrade
Yangon Central Railway Station area in Myanmar is set to be transformed into a modern transport hub in a USD2.5 billion renovation to be carried out by a consortium of A Singapore-listed Oxley Holdings, local firm Min Dhama Co Ltd and Beijing-based Sino Great Wall Co Ltd. Myanmar Railways selected the group to develop to […]
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Mlmupc Diary: November – December 2017
(06 Nov) Monthly work reviewed Minister of Construction H.E. Chea Sophara presided over a meeting on monthly work progression for October, and set new objectives for November. In the official meeting, the Minister made an announcement to appoint officers and for them to make their commitment to achieve the collective goals for the ministry. (08 […]
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Seoul transit hub design wins award
An international competition to design a USD1.2bn transport hub and shopping centre for the Gangnam district of Seoul has been won by French firm Dominique Perrault Architecture. The multi-use development in downtown Seoul will feature a train station, shops, an art gallery, and educational centre and parks, and when complete will be the largest underground […]
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Uk Sells Thai Embassy
The UK Foreign and Commonwealth Office (FCO) is to sell its 3.7ha Bangkok embassy in the Thai capital’s exclusive Wireless Road area for USD600m.
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Vietnam Real Estate Mergers Hit Record High
Sustained foreign investment in Vietnam’s real estate sector resulted in mergers and acquisitions (M&A) reaching a record total of USD1.5 billion in 2017, according to a recent report by real estate and investment management firm JLL, reported in DEALSTREETASIA.
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Myanmar Interest Rates Under Pressure
The government of Myanmar is under pressure from the real estate industry to reduce the high capital gains tax and interest rates on borrowing to boost investment in the construction and property sectors.
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Mitsubishi Invest in Hcmc Residential
Mitsubishi Corporation (MC) recently announced that it had reached an agreement on its participation in a residential development project underway in Ho Chi Minh City (HCMC), Vietnam.
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(ខ្មែរ) អគារតេជោសន្តិភាពកម្ពស់ ៩ជាន់ តម្លៃជាង២៣ លានដុល្លារ ដាក់សម្ពោធឲ្យប្រើប្រាស់ជាផ្លូវការ
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Singha, Hong Kong Land Ink Jv
Singha and Hong Kong Land have signed a deal to develop a luxury condominium project in Bangkok’s central business district.Singha Estate is the property development arm of Boon Rawd Brewery which produces the iconic beer.
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