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It looks like the end of the road for online travel agent ZujiOnline travel booking site Zuji appears to have ceased business, after failing to renew its travel agent licenses in both Singapore and Hong Kong. The Singapore Tourism Board told The Straits Times Zuji's license lapsed on Dec 31 and it can no longer provide travel products...
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Gloomy property market outlook for Singapore in the next 2 yearsWith lower growth in 2019 than in 2020, Colliers International predicted a gloomy property market outlook for Singapore in the near future.
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Commentary: Who’s buying private property after last year’s cooling measures?Actually, there is some resilience in the demand for private property in Singapore among specific groups of buyers, says Senior Director and Head, ...
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Over half of institutional investors to raise Asia-Pacific property allocations: pollOVER half of institutional investors globally, or some 57 per cent, intend to increase their allocations to Asia-Pacific real estate over the next two years, a survey showed. Read more at The Business Times.
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From sizzle to fizzle: Hong Kong's red-hot property market coolsFor young Hong Kongers like Wilson Leung getting a foothold on the city's property ladder has long been a near impossible task but with the ...
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CapitaLand's CEO of four months pulls off mega deal for property giantFOUR months in as head honcho of South-east Asia’s property giant CapitaLand, Lee Chee Koon has pulled off a mighty S$11 billion cash-plus-shares deal (subject to shareholders’ nod) to buy Ascendas-Singbridge (ASB) from Temasek Holdings that will vault the company into the largest diversified real estate group in Asia. Read more at The Business Times.
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Who was buying residential property in 2018?Singaporean households are buying residential property and remain the key buyer of new homes in 2018, says a research report by DBS. The report said that based on data compiled by Realis as at 27 November 2018, out of the 22,000 units transacted in the 11-months of 2018 (9,300 in the primary sales, 12,700
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Tuan Sing divests units in Century Warehouse propertyPROPERTY developer Tuan Sing Holdings announced on Monday that it has accepted a tender bid of S$48.5 million for all of its majority-owned Century Warehouse property. Read more at The Business Times.
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Who was buying residential property in 2018?Foreigners and PRs who are buying residential property and are active in the property market come mainly from China (6.1% of total PR and foreigner transactions), followed by Malaysia (3.8%), India (1.8%) and Indonesia (1.8%).
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