Renowned serviced residences owner and operator The Ascott Limited, a wholly-owned unit of Singapore’s CapitaLand, recently announced that it has surpassed 35,000 units, spanning 82 cities in 24 countries, since gaining its latest settlements in China.
International property consulting firm JLL looks to expand its residential business in Southeast Asia with the opening of its latest office in Kuala Lumpur.
No Asian city ranks among the top ten most expensive cities for expatriates in the world in the latest survey conducted by London-based consultancy firm ECA International.
The serviced residences sector is becoming increasingly popular among investors and clients in several Asia-Pacific markets, where developers and operators are expanding their reach in the niche segment.
The People’s Bank of China (PBOC) is persuading lenders and financial institutions to accelerate the housing loan process especially for first-home buyers to alleviate the cooling Chinese property market.
Several international real estate firms are betting on the Asia-Pacific region for growth and global expansion.
The annual Cities in Motion Index, released by the IESE Graduate Business School at University of Navarra, has named Tokyo as the world’s smartest city for the third consecutive year.
Seven cities in East and South Asia, the Middle East and Australia make up more than half of ‘World City X-factor Ranking’, according to real estate consultancy firm Savills.
London has again been highlighted as the preferred investment destination for the global elite, but is set to face completion from major Asian cities over the coming years.
All roads lead to Shanghai as the Chinese city holds two major design exhibitions in upcoming months.
Nick and Christian Candy, the billionaire brothers behind the successful Candy & Candy firm, are planning a global expansion of their luxury brand by investing in top-tier and emerging cities worldwide.
Where to find the best rental yields in Bangkok, a sagging Singapore market and the World’s Most Dynamic Cities in this week’s Market round-up.
Projections for 2014′s prime residential market; expectations for private property in Singapore; and India’s branded residences in this week’s Market round-up.
The invite-only Luxury Properties Showcase will showcase the world’s most extraordinary properties at Shanghai’s five-star JC Mandarin.
The Peninsula hotel has announced the sale of 39 residential units in its Shanghai property. This is the first time the iconic hotel company has offered units for sale. The over-saturation of the high-end hotel industry in Shanghai caused an eight percent drop in room rates in 2012. Even though the situation stabilized this year, [...]
Bangkok Bangkok-based Onyx Hospitality Group is expanding its serviced residences brand, Shama, in China. The company has recently completed three new management contracts that will bring the high end serviced residences to Beijing, Chengdu and Guangzhou, adding to existing properties in Hong Kong, Shanghai and Dalian. Earlier, a contract was signed fro Shama Heda-Hangzhou, which [...]
CapitaLand recently announced that it has purchased a 70 percent stake in the Shanghai Guang Chuan Property Co Ltd (SHGC) for RMB1.95 billion (US$318 million). SHGC is a subsidiary of Shang Hai Shentong Metro Assets Management (Shentong Assets). Shentong Assets is responsible for the development and asset management of property above the metro stations or [...]
by Namrata Kohli Legendary hospitality designer Tony Chi was in Gurgaon, New delhi’s upscale satellite city recently to unveil his plans for the grand hyatt residencies there, which is being developed by Ireo, India’s first and largest private equity fund dedicated to the real estate sector. “I design to arouse people’s consciousness,” says celebrity interior [...]
By Sofie Lisby Since the development of discovery Bay in Hong kong in the late 1970s, Hkr International has expanded across Asia and today owns and develops luxury properties in Hong kong, shanghai, tokyo, Bangkok and singapore. the vision has always been to pioneer the development of innovative living spaces while pushing the envelope in [...]
Government imposed tightening measures in Shanghai, including Home Purchase Restrictions (HPRs), remained firmly in place in 4Q2012 according to recent research by Jones Lang LaSalle. The property management firm expects HPRs to continue into 2013 as sales momentum in the mass market continues while authorities improve affordability for first-time buyers. Sales in the high end [...]