Retirement villages have untapped potential in Asia
Besides urban regeneration of mixed-use integrated developments, Australian property giant Lendlease has also ventured into senior living, or retirement villages. It is now the largest operator of retirement villages in Australia, with 71.
Lendlease to play on its strengths as master developer of large-scale regeneration projects
Australian property giant Lendlease’s maiden residential project in Singapore, the 429-unit Park Place Residences at Paya Lebar Quarter (PLQ), saw 215 units (50%) sold on the first day of sales on March 25. Units sold ranged from S$800,000 for a one-bedroom unit to S$2.1 million for a three-bedroom premium unit, or from S$1,600 to more than S$2,000 psf.
Security, a crucial aspect in absentee home ownership
One of the problems being a foreign property investor is security and safety concerns for the property that they have invested in, noted Singapore Association of Property and Facility Managers president Dr Lim Lan Yuan. This is especially so if the investor is not based in the country.
Strata homeowners, the power is in your hands!
Strata property owners should participate in the annual general meetings (AGM) held by their management councils in order to ensure their properties are managed well, said Chur Associates managing partner Chris Tan.
Gamuda Land to launch phase 1 of twentyfive.7 in 3Q2017
Gamuda Land, the property development arm of Gamuda Bhd, is looking to launch the phase 1 of twentyfive.7 township located next to Kota Kemuning in 3Q2017.
Yong Tai unit to jointly develop land with RM180 mil GDV
Yong Tai, through its subsidiary YTB Development Sdn Bhd, and KOF entered into a joint-venture agreement for the development on Lots 169 and 170 today.
Consortium of SGX-listed companies to franchise Hilton hotel in UK
A consortium of locally listed companies have entered into a franchise agreement with hotel chain operator Hilton to build a 192-bedroom hotel in Leeds, UK, to be operated under the Hampton by Hilton brand.
Majuperak sells part of Kinta landbank for RM17.72 mil
Majuperak Holdings Bhd is disposing of two plots of leasehold land measuring 664.78 acres in Kinta, Perak for RM17.72 million cash, the company announced yesterday.
Titijaya sticking to affordable housing
We were encouraged by the management’s commitment to continue focusing on the affordable segment, with the majority of its new launches in the financial year ending June 30, 2017 (FY17) and FY18 catering to this particular segment. We believe demand for products within this segment
