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85% sale of Pasir Ris 8 over weekend shows initial signs of 'asset bubble behaviour': DBS
The mixed-use development launched over the weekend to huge fanfare, with close to 85% of the 487 units sold just within one day.
July 29, 2021
Property
Keppel divests Chengdu Shengshi Jingwei Real Estate for $324 mil
Keppel Land says it expects to recognise a divestment gain of RMB668 million.
July 29, 2021
Property
Ascott sees over 40% y-o-y growth in first 7 months of 2021
Up to July, Ascott has achieved a record of over 2,800 new units in Vietnam.
July 21, 2021
Property
CapitaLand to seek shareholders’ approval of proposed restructuring on Aug 10
CapitaLand announces EGM for scheme meeting to ask for shareholders' approval for restructuring on Aug 10,
July 17, 2021
Property
China developers’ defaults spread as developer Languang misses payment
Sincere Property isn't the only Chinese developer with problems. Languang is ranked 38th in China by contracted sales in 2020.
July 13, 2021
Property
CapitaLand's Raffles City The Bund in Shanghai draws over 300,000 shoppers on opening day
The mall is the final component of Raffles City The Bund, CapitaLand's third and largest Raffles City development in Shanghai.
July 12, 2021
Property
Creative Technologies sells US office building for US$11.13 mil
The proposed transaction is expected to contribute US$9.1 million to the group’s net profit.
July 08, 2021
Property
Hatten Land sells Melaka land for RM25.8 mil
Hatten Land expects to recognise a loss of RM2.7 mil on the disposal.
July 07, 2021
Property
Oxley prices $70 mil notes due 2024 with 6.9% p.a. coupon
The group, as at June 30, has some $800 million in outstanding notes and existing outstanding borrowings.
July 02, 2021
Property
CapitaLand: Journey of property giant shows the way for industry
CapitaLand has been one step ahead of the the sector, and by 4Q2021, it will pave the way again
July 02, 2021