Property Focus
CHINESE OFFERING UNITS ON MALAYSIAN ISLAND ECO-CITY
A Chinese developer is promoting residential units on a mega-project located on four artificial islands in the Johor Strait separating Malaysia and Singapore. Forest City is projected to be a $41 billion, 14 square kilometre self-contained eco-city scheme developed by Country Garden, though no units are yet completed as the islands themselves are still under […]
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VINGROUP MOVES INTO AUSTRALIAN MARKET
Vingroup, Vietnam’s top property developer, has entered the Australian market after a $16 million land deal in Sydney’s central business district, according to The Australian newspaper. It was reported that Vingroup will build a hotel complex in the city. A 172-room hotel was proposed for the 1,030 square metre land, but no approval has been […]
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ISSUES FACING REAL ESTATE IN AEC
A recent CBRE study, ‘ASEAN Economic Community: A boost to South East Asian real estate’, noted a number of challenges and opportunities facing the sector with the advent of the AEC. Transparency in markets was highlighted as a challenge with Cambodia in particular needing to create an atmosphere more conducive to doing business. A lack […]
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LEGISLATE TRANSACTIONS URGES CVEA
To ensure sellers to use a registered real estate company to value their property before placing it on the market, the CVEA has called on the government to regulate all property transactions as part of the pending management law. The initiative would mirror the US model and is designed to control speculation and artificial price […]
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Meridian International Holdings: Like No Other
In a growing economy, one can see construction cranes and development projects overwhelming cities with the building of high-rise towers and modern malls while fancy restaurants and eateries including fast food chains
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Singapore Tops Asian Outbound Investment
Knight Frank’s Global Cities 2016 report has found that Singapore has been the largest Asian investor into the Australian and United Kingdom’s property markets in the last two years with China second and Malaysia a surprise third.
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Tanzanite Enters Vietnam Real Estate Market
Singapore-based Tanzanite International has announced a plan to invest up to $500 million in a hospitality real estate project in southern Vietnam.
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Shwe Taung Group Open Junction City Preview
Myanmar – The Shwe Taung Group has begun providing private previews of their $300 million Junction City integrated development located in downtown Yangon.
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Singapore Home to World Building of the Year
The Interlace, a ‘vertical village’ in Singapore, has won the World Building of the Year award at the World Architecture Festival in November.
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Thai Border Prices Stabilise
High land prices on the Thai border are expected to stabilise in coming years, according to the Real Estate Information Center (REIC).
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