Evergrande Holds on to Crown as China’s Top Developer Despite 2019 Slowdown
China Evergrande has retained its crown as China’s largest developer during 2019, as measured by contracted sales attributed to shareholders, as the country’s residential sector endures a period of...
View ArticleHong Kong Office Rents Fell 2.2% in February as COVID-19 Rocks Property Market
The COVID-19 pandemic continues to batter Hong Kong real estate, with rents in the world’s most expensive office spaces suffering the steepest month-on-month drop in more than a decade, according to a...
View ArticleSingapore Developers Welcome S$48.5B COVID-19 Relief Package
Singapore developers, REITs and property analysts have thrown support behind the city’s new Resilience Budget, a S$48.5 billion ($34 billion) COVID-19 stimulus package that includes a 100 percent...
View ArticleSingapore Home Prices To Drop For First Time Since 2016 As Recession Nears
A flash estimate by the Singapore government has shown a 1.2 percent decline in the private residential property index, with experts predicting home prices to fall further as the city enters its first...
View ArticleCOVID Crisis Predicted to Knock 10% Off Singapore Office Rents
Singapore’s landlords are bracing themselves for the biggest financial crisis of the century, with office leasing demand and property investment already disappearing as a result of the COVID-19...
View ArticleShanghai Office Rents Slide as Property Investment Falls 78% in Q1
Shanghai grade A office rents continued to slide during the first quarter of the year as the COVID-19 induced downturn dragged on leasing rates, according to reports from some of the world’s largest...
View ArticleAPAC Real Estate Investment Drops 34% as Investors Await a Reset
Commercial real estate investment in Asia Pacific collapsed in the first quarter of the year — falling 34 percent from the same period in 2019 — to record an aggregate transaction value of just $29.5...
View ArticleLeases of Singapore Office Space Contract for First Time in Three Years
Take-up of office space in Singapore has contracted for the first time since March 2017, according to government figures released on Friday. Absorption of office space across Southeast Asia’s...
View ArticleAPAC Real Estate Investment Plunges to Lowest Level Since 2008 Meltdown
Commercial real estate investment in Asia Pacific hit its lowest level since the global financial crisis during the first three months of the year, as measures put in place to stop the spread of the...
View ArticleCapitaLand, ARA, GLP Lead Singapore Domination of Asia Real Estate Private...
Singapore players dominated Asia Pacific’s management of private real estate funds in 2019, as CapitaLand, ARA Asset Management and GLP controlled more than a quarter of the region’s assets under...
View ArticleHong Kong Office Rents Fell 2.2% in May as Vacancies Reached 12-Year High
With uncertainty plaguing Hong Kong’s economy as political unrest and the lingering effect of the coronavirus pandemic continues to hamper business, rents slid 2.2 percent in May and vacancies reached...
View ArticleShenzhen Restricts Housing Purchases After Home Sales Jumped 41% in 2020 1H
On Wednesday, the Shenzhen Housing and Construction Bureau announced a set of new home purchase restrictions designed to cool down what has become China’s hottest property market as home sales in the...
View ArticleAPAC Real Estate Deals to Rebound After Slumping 32% Jan to June: JLL
Real estate investment volumes across Asia Pacific slumped 32 percent in the first half of 2020 compared to last year, falling to $60.4 billion as the full economic impact of the Covid-19 pandemic hit...
View ArticleMingtiandi Proptech Survey 2020 to Begin Next Week
Companies across Asia Pacific have been faced with lockdowns, circuit breakers and travel bans this year which have quickly tested information and communication systems across industries as the...
View ArticleShanghai Office Rents Fell 3.7% in Q2 Despite Leasing Uptick
Despite more space being leased in recent months, Grade A office rents in Shanghai continued their downward slide in the second quarter of 2020, according to recent reports by property agencies...
View ArticleHong Kong Still Asia’s Most Expensive City as Office Rents Top Tokyo by 56%
Hong Kong retains its crown as Asia’s most expensive commercial real estate market even after the Covid-19 pandemic saw the city record the region’s steepest decline in prime rents over the first six...
View ArticleTenants Flee Hong Kong’s Central District as Office Vacancy Hits 5.6%
Hong Kong’s Central district is witnessing a sharp drop in leasing demand, as corporate occupiers and major retail chains shy away from the cost of operating in the world’s most expensive commercial...
View ArticleBig Data, Cloud Computing in Demand as Proptech Takes Off in China, Says JLL
Growing cooperation between real estate companies and technology firms is boosting adoption of technology in China’s property sector as demand grows for big data, cloud computing and Internet of Things...
View ArticleChina’s Central Bank, MOHURD Target Indebted Developers
After loosening the financial reins to boost an economy pummelled by the Covid-19 crisis in February this year, the Chinese government appears to be rolling out new measures to clamp down on flows of...
View ArticleChina Property Deals Nearly Double as APAC Market Struggles
Covid-19 has sickened Asia’s property sector as it raises uncertainty and impedes economic activity this year, but one market in the region saw transactions of real estate assets nearly double in the...
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