Apac hotels continue to attract investments, supported by resilient hotel performance: Colliers
The Asia Pacific (Apac) hospitality sector has seen a rapid rebound in recent years following the Covid-19 pandemic. Going into 2025, that momentum has now morphed into a more measured pace, as the sector transitions from recovery to stabilisation, says real estate consultancy Colliers. “As high-performing markets begin to stabilise, the narrative is evolving from […]
Justin Ngai’s journey from star performer to award-winning division leader
Justin Ngai, newly appointed Senior Group Division Director at ERA, made a remarkable impact at this year’s ERA Asia Pacific Business Conference. Alongside his recent promotion — one of the agency’s most prestigious titles — he secured a series of notable accolades: Top 200 Achievers, Top Group Division Directors and Rising Millionaire. ERA awards the […]
Is it a Good Deal?: A three-bedroom freehold unit in District 10 sold at a loss of $867,842
Earlier this month, a three-bedroom unit at freehold Sui Generis was sold for $3.9 million ($2,223 psf), resulting in a loss of $867,842. The seller had purchased the 1,755-sq ft unit in April 2008 for $4.768 million ($2,717 psf). We used our analytics tool, Is it a Good Deal?, to determine whether the buyer of […]
Jalan Masjid building for sale at $17 mil
A four-storey mixed-use freehold development at 19 Jalan Masjid, off Sims Avenue East, is up for sale through an expression of interest (EOI) exercise with a guide price of $17 million, or $1,678 psf on the existing floor area. The building has a total built-up area of about 10,134 sq ft. It occupies a 3,383 […]
Million-dollar sales of 4-room HDBs surpass 5-rooms
So far this year, the number of million-dollar transactions for four-room HDB flats has surpassed that for five-room flats. This year, 244 four-room flats have fetched at least $1 million, compared to 205 five-room flats (see Chart 1). This is the first time that such transactions for four-room flats have outnumbered those for their five-room […]
Perennial Holdings inks agreement to open two hospitals in Guangzhou
Perennial Holdings has signed an agreement with Guangzhou Metro Group to lease approximately 105,000 sq ft of space and invest around RMB1 billion ($178.9 million) to establish two hospitals in Guangzhou. Located in the Southeast Tower of Yuesheng Plaza, this will be the first wholly foreign-owned tertiary general hospital and specialist hospital in Guangzhou and […]
Belgravia townhouse in London’s Chelsea Barracks for sale at GBP55 mil
A seven-bedroom townhouse located in Chelsea Barracks, a redevelopment project in London’s upscale Belgravia area, is up for sale with a guide price of GBP55 million ($95 million). The turnkey property at 5 Whistler Square spans 13,030 sq ft and was designed by British design studio Banda. “We wanted this beautiful light-filled home to feel […]
CapitaLand Ascendas REIT to acquire properties in Tai Seng and Science Park Drive for $700 mil
The manager of CapitaLand Ascendas REIT (CLAR) is proposing to acquire 9 Tai Seng Drive and 5 Science Park Drive for a total purchase consideration of $700 million. The sum comprises the estimated consideration of $471 million for 9 Tai Seng Drive, a Tier III colocation data centre, and $245 million for 5 Science Park […]
Stanley Kubrick’s former country estate in Hertfordshire listed for GBP6.95 mil
The former English country residence of late film director Stanley Kubrick has been put up on the market with a guide price of GBP6.95 million ($11.8 million), according to a May 27 release. Kubrick previously bought the property, named Abbots Mead, in 1965. It served as his family residence for 14 years, according to marketing […]
Pontiac Land to open second phase of Sydney mixed-use project in 1Q2026
Singapore-based property developer Pontiac Land Group recently unveiled details of the second phase of its mixed-use project in Sydney. Situated in the heritage-listed former Department of Lands building in the Sydney central business district, The Lands by Capella will offer about 10,000 sq m of experiential luxury retail, F&B and event spaces. The development is […]
