International News
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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Vietnam Running Out of Sand Amid Boom
Vietnam is considering using artificial sand after the Institute of Transport Science and Technology warned the government it could run out of naturally occurring sand within five years. The report presented to the Ho Chi Minh City Department of Transport also noted that artificial sand could be made for up to 15 percent more cheaply […]
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Vietnam’s Tallest Building Wins Award
A shimmering tower block which will be Vietnam’s tallest building when construction is completed in 2019 has won an international architecture award. Designed by London-based firm Atkins, the 460m Landmark 81 in Ho Chi Minh City, Vietnam won the “World’s Best Architecture” prize at the International Property Awards 2017 hosted in London in December. It […]
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China-Laos railway bores first tunnel
The first tunnel on the 414km China-Laos rail link was bored in December, marking the first success of the USD5.8 billion project. The 301m Ban Somsanook No. 2 Tunnel presented a number of dangerous challenges given the mountainous terrain and geology but contractor, Sino Corporation Engineering Bureau 15 Co., successfully completed the first of many […]
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Usd1.1bn of Construction for Yangon
A rush to fill the market gap for high-end mixed-use space in Myanmar has seen three international companies announce projects worth over a billion dollars in Yangon. Two projects with a combined development value of USD700m will be built by Bouygues of France and Taisei Corporation of Japan for Singaporean developer Yoma Strategic Holdings. One, […]
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Japan and Philippines Sign Training Deal
Japan and the Philippines have initiated a training scheme for Filipino construction workers to ease skills shortages faced by both countries. The training program aims to “instil Japanese discipline” to help the Philippines ‘Build, Build, Build’ infrastructure program, while also opening up the Japanese labour market to Filipino workers for the first time. Japan is […]
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