International News
Hcmc Metro Project Usd800m Over Budget
The troubled second metro line project in Ho Chi Minh City (HCMC) City has continued to go over budget and time with authorities now having requested a further USD800m cash from the government to complete the project. Work on the 11km underground line began in 2010 and was scheduled to finish in 2020 at a […]
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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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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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