International News
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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Philippines to Ease Foreign Ownership
Foreign ownership rules in the construction sector are set to be relaxed in the Philippines after the government announced it is changing its constitution to increase limits in a number of sectors. Philippines Finance Secretary Carlos Dominguez made the announcement at a forum for Japanese investors in Tokyo in October, telling them that the government […]
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Singapore Tower Sold for Usd1.5bn
A transaction between two of the largest players in Asian real estate has seen Asia Square Tower 2 has been sold in Singapore for around USD1.5 billion, the second largest sale of an office building ever in the city-state.
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Asia Square 2 in Capitaland’s Sights
CapitaLand, Singapore’s leading real estate developer and fund manager, is negotiating to purchase Asia Square 2 according to media reports.
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Solarhome Targets Myanmar
A Singapore-based company providing solar energy solutions for rural households not connected to electricity grids is looking to Myanmar as its next target market.
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Hcmc Luxury Market Booming
The luxury condominium market is booming in Ho Chi Minh City, as Vietnam’s largest city continues its drive as the powerhouse of the ASEAN real estate sector.
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Myanmar Real Estate Stabilising
Myanmar’s real estate sector is stabilising after heated growth and industry experts believe the market will now become stronger.After the lifting of sanctions and the subsequent influx of international investment earlier in the decade,
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Singapore Masterminds New District
Planning for an exclusive new district in Singapore is being led by Dutch company KCAP Architects & Planners according to the Singapore Urban Redevelopment Authority (URA).
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Capitaland Goes Grade a in Vietnam
CapitaLand, one of Singapore’s leading property developers, has purchased a site to build its first international Grade A office tower in Ho Chi Minh, Vietnam.
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