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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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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Hong Kong Apartment Sale Highest in Asia

A luxury apartment in Hong Kong’s exclusive Peak district has sold for USD17, 000 per square foot making it Asia’s most expensive residential real estate by area.

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Sky Forest សម្រាប់គម្រោងអចលនទ្រព្យវៀតណាម

Plans have been revealed for one of the most innovative real estate projects in Vietnam with an ultra-high rise tower development featuring a ‘sky forest’ at its top.

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Asian Commercial Real Estate Growing as World Percentage

A recent study by CBRE has shown a rise in Asian commercial real estate as a percentage of global supply, with Tokyo representing the world’s biggest single market.

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Thailand Strong Amid Drop in Asia-pacific Hotel Investment

Investment in the hotel real estate market in Asia Pacific has fallen 22 percent in the first nine months of 2017 compared to the same period last year according to a report by real estate consultancy JLL.

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Meanchey District Target for Infrastructure

One of Phnom Penh’s largest districts is being targeted for comprehensive infrastructure developments due to its strategic location in the south of the capital. Comprising four communes which spread across the south-eastern edge of the city, many projects have already been undertaken in 2017. New roads, canal refurbishment and sewer system renovations were all undertaken […]

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