International News
Indonesia Stock Exchange Collapses
The collapse of a mezzanine walkway at the Jakarta stock exchange building in Indonesia injured over 75 people in January, though no fatalities were reported. The exchange was constructed in the late 1990s as part of a two tower complex, and the incident created a rush to evacuate the building amid fears of a bomb. […]
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Japan to Build World’s Tallest Wooden Tower
Japanese company Sumitomo Forestry Co., Ltd. recently announced their plan to build a 350-metre high wooden building in Tokyo, which is set to become the tallest wooden building in the world. With an estimated cost of 600 billion yen (USD 5.6 billion), the tower is planned for completion in 2041 to mark the 350th anniversary […]
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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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