What happened, and who moved.
CapitaLand Investment reported 13% year-over-year operating profit growth and announced a strategic refocus to accelerate growth and unlock shareholder value.
Singapore-based Lim Chap Huat and his development company filed a lawsuit against Brookfield, alleging the global asset manager breached an agreed $400M multi-property acquisition.
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Before Luxus Hills Phase 10 opened for preview at the end of July, Bukit Sembawang Estates’ head of marketing & sales, Cheryl Huan, would often see a woman walking up and down outside the showsuites. Huan found out that the woman, an existing resident and owner of one of the houses in an earlier phase of Luxus…
CapitaLand Investment (CLI) is organising its portfolio into distinct core and non-core segments, and plans to unlock billions in embedded value in the latter for recycling and reinvestment. The global real asset manager has identified a portfolio of legacy funds, balance sheet investments and non-strategic…
City Developments Ltd posted a 230.7 percent year-on-year jump in attributable profit to S$301.6 million ($235.76 million) for the first half of 2026 on completions of projects including it Lumina Grand development. Half-year revenue for Singapore’s largest developer not controlled... Read More>> The post…
Centurion Corporation posted a 31 percent year-on-year rise in revenue to S$184.9 million ($144.3 million) for the six months to June, while net profit fell 36 percent to S$53.1 million as fair-value losses weighed on the Singapore-listed accommodation specialist’s bottom... Read More>> The post Singapore’s…
Singapore’s CapitaLand Investment has earmarked S$7 billion to S$9 billion ($5.5 billion to $7 billion) in non-core and legacy assets for potential sale after first-half attributable profit jumped 14 percent. The SGX-listed real asset manager said Thursday that it would... Read More>> The post CapitaLand Investment…
Australian real estate investment manager Investa said on Wednesday that it has sold an office tower overlooking Sydney’s Darling Harbour for A$450 million ($317.6 million), in what it called a strategic capital recycling transaction, adding to signs of a recovery... Read More>> The post Singapore’s GIC Said to…
Stay updated with Singapore's private property sale transactions contracts dated July 28 to Aug 4. Category: News Author: EdgeProp Singapore Country: Singapore Feature on The Malaysian Insider Widget: Social media Caption: Stay updated with Singapore's private property sale transactions. Stick on Home Carousel:…
Grange Residences, located in prime District 10, topped the list of apartments and condos that scored fresh psf-price highs from July 28 to Aug 4. A 2,852 sq ft, four-bedroom unit fetched $10.8 million on July 31, setting a record of $3,786 psf at the freehold condo. The latest deal surpasses Grange Residences’…
The biggest condo resale gain during the week of July 28 to Aug 4 came from a five-bedroom apartment at Leedon Residence, a freehold condo in Bukit Timah. The 4,704 sq ft unit on the ninth floor changed hands on July 30 for $14.3 million, or $3,040 psf. It was previously purchased for $10.55 million, or $2,243 psf,…
The Continuum recorded the highest sales volume among District 15 condos over the past 12 months. A total of 202 units were transacted, more than twice the number at the next best-selling project. This was despite its average price of $2,760 psf being higher than several peers in the district, a premium that may…
A two-bedder at 35 Gilstead, a freehold boutique development in prime District 11, will be put up for auction by Knight Frank on Aug 20. The 678 sq ft apartment has a guide price of $1.75 million, which translates to $2,581 psf. Offered via an owner’s sale, this is the first time the property will go under the…
Contributions from new operational beds in Singapore, the Harum Megah workers' dormitory portfolio in Malaysia, and the EPIISOD Macquarie Park student housing in Sydney helped push revenue up by 31% y-o-y for Centurion Corp. Revenue stood at about $184.9 million for the first half of this year, up from $140.7…
URA on Aug 13 released two residential sites for sale under the 2H2026 government land sales (GLS) programme. One is located on Marina Gardens Lane, potentially yielding about 390 homes, while the other is along Orchard Boulevard, which may produce some 110 residential units. Marina Gardens Lane mixed-use site The…
One year after McDonald’s began selling its self-owned Hong Kong shops, the fast-food giant has found buyers for nearly half its portfolio even as the city’s retail property market endures its weakest spell in decades. McDonald’s planned to dispose of all 23 shops in phases, market sources said, with the portfolio…
Real estate agency PropNex’s net attributable profit slipped by 3.1% y-o-y to about $40.9 million for the first half of this year, while revenue inched up 0.7% to $603 million. The slight increase in revenue was driven largely by a 6.9% uptick in commission income from agency services to $360.5 million for the half…
Data centre IPOs keep heating up as the former offshore unit of China’s GDS Holdings confidentially files for a $5 billion US listing amid an AI infrastructure boom. Also in the news are Singapore’s CapitaLand Investment listing a $467 million... Read More>> The post GDS-Linked DayOne Said to File for $5B US IPO…
After watching its unit price slide by nearly 8 percent over the past year, Singapore-listed data centre trust Digital Core REIT received a boost today from a deal to trade most of its North American portfolio back to its sponsor... Read More>> The post Digital Realty Swapping Singapore, Osaka Stakes for US Data…
Singapore sovereign fund GIC and Australia’s Macquarie Asset Management have teamed with Claude chatbot maker Anthropic to establish a US-focused data centre platform, as the artificial intelligence boom fuels demand for purpose-built computing capacity. The venture, called Theseus Infrastructure, will... Read…
The owners of Singapore’s City Plaza lead today’s real estate headlines with a third attempt at a collective sale of their Geylang complex. Also in the news are Soilbuild’s Lim Chap Huat suing Brookfield over a collapsed joint venture and... Read More>> The post Singapore Condo Project Back on the Market at $758M…
City Developments Ltd (CDL) saw group revenue climbing 61.1% y-o-y to $2.72 billion for the first half of this year, with property development continuing to be the largest contributor though all its business segments recorded higher revenue. Overall, net attributable profit after tax and minority interest (Patmi)…
The 1,268-unit Thomson Reserve residential development — a joint venture (JV) between UOL Group and CapitaLand Development — will be launched for sale in the fourth quarter of 2026. Following which, the debuts of the Dorset Gardens condo and the Hougang Central landmark mixed-use development are both slated for…
Six commercial units at Balestier Point, a freehold mixed-use development in District 12, are available for sale via tender with prices starting from $1,715 psf. They are sized from about 592 sq ft to 4,898 sq ft each, and can be purchased individually, said exclusive marketing agent SRI in an Aug 12 news release.…
Frasers Property’s unrecognised revenue from residential developments stood at $1 billion as of June 30, down from $1.4 billion as of Sep 30, 2025. In Singapore, the group has about $400 million in unrecognised revenue across 948 contracts on hand, while Australia accounts for $500 million across 1,415 contracts.…
For the first half of the year, CapitaLand Integrated Commercial Trust (CICT) saw gross revenue rising 7.5% y-o-y to $846.8 million while net property income increased by 8.7% to $630.5 million. This was driven by income contributions from CapitaSpring’s commercial component in Singapore and the Gallileo commercial…
Mitsubishi Estate Asia (MEA) has sold its stake in a portfolio of Australian senior living communities to a pension fund managed by New York-headquartered Mercer Investments. The deal is valued at over A$400 million (about $361 million). MEA had put up its 49.9% stake in Stockland Residential Rental Partnership…
The owners of City Plaza have launched the freehold mixed-use development for collective sale at a guide price of $970 million, marking their third attempt at an en bloc sale — but the first to secure the required 80% mandate to proceed to tender. The public tender, handled by Huttons Asia, will be launched on Aug…
SC Capital Partners-backed SC Zeus Data Centers has agreed to collaborate with SoftBank unit SB Telecom Singapore and Malaysia’s Robust HPC Group on developing artificial intelligence data centres across Southeast Asia. Under a memorandum of understanding effective from 1 August,... Read More>> The post SC…
A pair of adjoining conservation shophouses located at 42 and 43 North Canal Road in the Boat Quay precinct have been launched for sale through an expression of interest (EOI) exercise. The shophouses — both 99-year leasehold commercial properties — have a combined guide price of $8.5 million. The shophouse at 42…
CapitaLand Ascott Trust announced an acquisition of Coliwoo Midtown property in Singapore for S$134 million.
Bitdeer, a Singapore-based company, has signed a $4.7 billion deal with AI infrastructure startup Volta for data center development in Norway.
CapitaLand Ascendas REIT reported distributable income of S$359.4 million in the first half of 2026, representing 8.6% year-on-year growth.
A rare 999-year commercial conservation shophouse in the heart of Singapore’s CBD is now available for $23.8 million, offering investors a blend of immediate tenancy income, heritage appeal, and long-term value. The property is marketed by exclusive agent Magdalene Lee, associate director of Mutual Benefits Realty.…
Co-living operator The Assembly Place (TAP) saw improved profitability for the first half of this year amid revenue growth as it continued to expand its core segment of community-driven stays. It also comes as TAP eyes a “robust” upcoming slate of new projects, with more than 2,100 additional keys in its…
Singaporeans Thusitha de Silva and his wife, Sharon Kuok, are marking their 10th year living in Johor Bahru, Malaysia. “Over the years, our friends have often talked about coming here to retire,” says de Silva. “But it’s mostly just talk.” The couple first experimented with living in Johor Bahru in 2005, when they…
Hillhouse Investment has acquired two office buildings in Singapore’s Changi Business Park from Standard Chartered through its EZA Hill affiliate, with market sources confirming a deal value of S$185 million ($144 million). EZA Hill is managing a Japanese investor platform... Read More>> The post Hillhouse Teams…
CapitaLand Ascott Trust has agreed to buy a 212-room co-living property on the fringe of Singapore’s downtown for S$134 million ($104.5 million), as the SGX-listed lodging REIT recycles proceeds from a recent hotel disposal into a higher-yielding living sector asset. ... Read More>> The post CapitaLand Ascott Trust…
Stay updated with Singapore's private property sale transactions contracts dated July 21 to 28. Category: News Author: EdgeProp Singapore Country: Singapore Feature on The Malaysian Insider Widget: Social media Caption: Stay updated with Singapore's private property sale transactions. Stick on Home Carousel: Enable…
Singapore-grown co-working operator JustCo reported a 24% rise in revenue to US$80.8 million (S$103.63 million) for 1H2026, as it expanded its regional network and prepared to grow from 57 to 78 centres. JustCo had 57 centres and 37,350 workstations at end-June 2026, up from 50 centres and 35,067 workstations a…
Singapore’s GIC leads today’s headlines with plans to sell $1 billion in private equity fund stakes, tapping the secondaries market. Also in the news are CapitaLand Ascendas REIT posting an 8.6 percent rise in distributable income to $280 million and... Read More>> The post GIC Seeks Buyers for $1B in Private…
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The Assembly Place Holdings (TAP) has taken a 10% stake in a joint venture (JV) that has acquired the freehold residential property at 50 Jalan Harom Setangkai. It is located within Chip Hock Gardens, a landed housing enclave off Farrer Road, at Gallop Park in prime District 10. It’s also a short distance from the…
CapitaLand Ascott Trust (CLAS) is acquiring Coliwoo Midtown, a newly refurbished co-living property at 141 Middle Road, for $134 million. The transaction is expected to be completed in 4Q2026, CLAS announced on August 6. Following the acquisition, CLAS will enter into a 10-year triple-net master lease with Coliwoo,…
Singapore’s Hong Leong Holdings and GuocoLand lead today’s headlines from Asia Pacific with a $450 million bid for a land site at Berlayar Drive. Also in the news are ESR-REIT completing a $37 million Melbourne warehouse purchase from Centuria Capital... Read More>> The post Tycoon Cousins Place Sole $450M Bid for…
Centurion Corporation has won a northern Singapore site with a top bid of S$343 million ($267.6 million), clearing the way for development of a 7,000-bed worker housing project. The Building and Construction Authority awarded the 30-year leasehold parcel at Kranji... Read More>> The post Centurion Secures Northern…
Hilton has opened Canopy Bangkok Sukhumvit, a 174-room boutique hotel in Bangkok’s Asoke neighbourhood. The property marks the first Canopy Hotels property in Southeast Asia, said the global hospitality group in an Aug 4 release. The hotel’s rooms offer a variety of configurations, including nine pairs of…
The owners of Lakeside Towers are hopeful that they will be third time lucky in their latest collective sale attempt. The 144-unit development has secured the consent of over 80% of the owners to launch the collective sale at the reserve price of $350 million. The 153,237 sq ft site is zoned "residential" with a…
IHG Hotels & Resorts is adding new luxury accommodation in Vietnam and Indonesia, with the launch of an ultra-exclusive, six-bedroom beachfront villa at InterContinental Halong Bay Resort and the upcoming opening of Kimpton Suntaya Bali Ubud later this year. The villa, known as the Halong Bay Estate, is the latest…
The Ministry of Law has proposed lowering the consent thresholds for older developments to secure a collective sale. The Land Titles (Strata) (Amendment) Bill, tabled in Parliament on Aug 4, proposes lowering the consent threshold from 80% to 70% for developments aged between 40 and 59 years, and to 65% for those…