Office, retail, industrial and logistics property, hospitality assets and the data centre pipeline.
Industrial developer Araya Land Development will launch phase two of its Eastern Gateway project in Q3 2027. The first phase is fully occupied. The company is targeting high-tech tenants for the expansion.
Manila's data centre development pipeline contracted by 13% in the first half of 2026, falling to 97 megawatts, as new project announcements failed to keep pace with recently completed capacity. Operational IT capacity expanded 22% to 90 MW, while vacancy improved to 43.6% from 48% in the previous h
Apple on Tuesday unveiled a more powerful Mac mini and a refreshed Mac Studio lineup, targeting consumers and professionals running AI agents locally. The new devices start at US$899 and US$2,499 respectively, with prices rising amid climbing memory chip costs.
Zerra DC, the data centre arm of Singapore-based AGP Sustainable Real Assets, has filed plans for a 1.44-gigawatt campus in rural Queensland with an estimated construction cost of A$14.5 billion. The Western Downs Digital Park would be Australia’s largest data centre campus, built in stages on a 726
The Philippine Department of Energy is considering a plan to ration port access for offshore wind developers, granting priority to bidders with the earliest delivery commercial dates. The plan comes after the DoE postponed the fifth green energy auction, citing port readiness and supply chain issues
Blue Bottle Coffee has opened its first two outlets in Thailand, at Central Park and EmQuartier in Bangkok. The California-founded chain now operates in seven markets globally and enters a Thai specialty coffee segment valued at about 30 billion baht (US$917 million).
The Philippine office market recorded 145,000 sq.m. of transactions in Q2 2026, a 24% quarter-on-quarter decline, as geopolitical uncertainty from the Middle East crisis prompted occupiers to defer leasing decisions. Colliers revised its full-year net take-up forecast to 300,000 sq.m. and year-end v
A joint bid led by JD.com, Sino Land and four mainland developers won a tender for an integrated residential and tech park project in Hong Kong's Northern Metropolis. The HK$16.8 billion development includes over 3,000 residential units and a tech park with 50,950 sqm of floor area.
The sixth edition of the Mingtiandi-Yardi survey tracking AI adoption in Asia Pacific real estate closes on 28 Aug 2026. The 18-question poll, which also covers cybersecurity, aims to chart usage of tools such as ChatGPT and DeepSeek across the region’s property industry.
Gaw Capital Partners’ GCP Hospitality will manage 14 hotels in Kyoto under a deal with IHG, adding more than 1,000 rooms to the group’s Japan portfolio. Twelve properties will convert to IHG’s Garner midscale brand, with one Holiday Inn Express and one unbranded hotel included. The hotels are set to
Japanese developer Hulic Co Ltd has confirmed it is the buyer of an eight-storey office building in Ginza from Singapore-listed Keppel REIT for JPY 11.5 billion (S$72.4 million). The deal, which marks a 28.4 per cent premium to Keppel REIT's November 2022 purchase price, ends the trust's four-year p
Singapore's planned western island could host nuclear power facilities, data centres and energy-intensive industries, energy experts said. The island, announced during the 2026 National Day Rally, would be formed by merging several islands south of Jurong Island over the coming decades.
The Department of Labor and Employment-National Capital Region reported an 11% increase in compliance among construction establishments in 2026. Despite the improvement, occupational safety and health compliance remains low, with only 1.92% of establishments initially meeting OSH standards.
Alibaba has officially rolled out its Wan3.0 AI video-generation model, capable of creating 30-second videos from documents and presentations. The launch follows a HK$10 billion share placement, the largest-ever primary follow-on offering by a Hong Kong-listed company, as the Chinese tech giant ramp
Twenty independent bookshops across Singapore will hold the inaugural Singapore Indie Bookshop Day from Oct 2 to 4, featuring storytelling sessions, author visits, a stamp rally and other community events. The event is jointly organised by the participating shops and the Singapore Book Publishers As
Nvidia is discussing an investment in AI search startup Perplexity as part of a funding round that would value the company at more than US$30 billion, according to The Information. The valuation would represent a more than 50 per cent increase from Perplexity's previous round a year ago, the report
Mycron Steel Bhd is seeking non-interested shareholder approval to buy a 99-year leasehold industrial property in Shah Alam for RM30 million from its major shareholder Melewar Industrial Group Bhd. The 5.33-acre site in Seksyen 15 is currently rented by Mycron's subsidiary for RM175,000 a month.
Raslag Corp. will develop both phases of its 149-MW Raslag Liwayway solar project simultaneously, targeting commercial operations by 2028. The company has allocated up to P3 billion for the project in Nueva Ecija, which will pair with a battery energy storage system.
Six secondary school students from three Philippine schools will represent the country at the Asia-Pacific regional finals of the 2026 FedEx / Junior Achievement International Trade Challenge in Singapore this August. The teams developed market entry strategies for AI-powered warehouse drones target
The Bases Conversion and Development Authority expects to finalise the master plans for Camp John Hay and Bonifacio Global City by the fourth quarter of this year. The CJH plan is due in October, while the Fort Bonifacio plan is set for December and will focus on mobility and open spaces to ease con
Singapore has awarded four companies – Digital Realty, Equinix, ST Telemedia Global Data Centres and Keppel Data Centres – the rights to develop 50MW each of new data centre capacity on Jurong Island. The 200MW total allocation meets the minimum capacity proposed under the DC-CFA2 application proces
Malaysia is prioritising talent development as its semiconductor sector moves into higher-value IC design, with Mida facilitating industry partnerships. Eighty Malaysian engineers have joined GreatAsic’s front-end design operations, reflecting the country’s transition from assembly-centric manufactu
7-Eleven Singapore has rolled out Take Five Spot, a self-care initiative at dine-in areas in more than 60 stores. Customers can access guided breathing exercises and mental well-being resources from MindSG.
Malaysia's largest homegrown convenience store chain MyNews evaluates potential sites using a mix of data analytics and on-the-ground assessments, says chief business development officer Ong Li Syin. The retailer considers population characteristics, foot traffic, nearby demand generators and compet
State Bank of India has acquired a commercial building and leasehold land in Pune’s Kharadi district for ₹414 crore. The 15-storey property spans about 1.84 lakh sq ft on a 2.12-acre site within Kharadi Knowledge Park.
Sunway Construction (SunCon) has landed a RM1.18 billion (S$257 million) engineering contract from a US multinational technology company. Work begins immediately and is set for completion by March 2028. The client and project locations were not disclosed.
YTL Power International, the utilities arm of Malaysian billionaire Francis Yeoh’s YTL Corp, plans to develop a 1.2-gigawatt data centre campus at Sedenak Tech Park in Johor. The project, supported by AI chipmaker Nvidia, involves an initial land purchase of 59 hectares with an option for another 16
A growing performance rift between ageing and modern office buildings in Kuala Lumpur is creating an existential dilemma for older stock, according to CBRE | WTW's Malaysia Real Estate Outlook 2026 report. Occupancy in non-prime purpose-built offices slipped from 82.8% in 2019 to 78.4% in 2025, whil
Chinese milk tea brand Chagee has opened three new stores in Singapore, including a family-friendly outlet in Pasir Ris with a children's play area. The openings bring its total in the city-state to 46, all launched within two years.
OpenAI has reduced prices for its frontier GPT-5.6 Sol model by over 20 per cent for developers via its API, cutting input token costs to US$4 per million and output tokens to US$20. The three-month promotional period comes amid rising competition from Anthropic and Chinese AI models.
The Rehda Institute Youth Initiative (RIYI) offers a year-long corporate mentorship programme for final-year university students and recent graduates to develop workplace skills beyond academic knowledge. Industry practitioners stress the importance of communication, adaptability, and a willingness
Alpha Galaxy Group has signed an MoU with Billion Group to develop a B-Grocer supermarket on roughly 2.037 acres within its 166-acre Galaxy Exchange mixed-use project in Puncak Alam, Selangor. The neighbourhood supermarket will serve nearby residential and commercial areas, acting as a key anchor fo
Frasers Property Ltd and Tan & Tan Developments Bhd plan to jointly develop PJ Quarter, a 5.15-hectare mixed-use project in Section 13, Petaling Jaya. The partnership is linked to Tan & Tan's proposed acquisition of a 50% interest in Vacaron Company Sdn Bhd, which owns the site. The first phase will
Father-and-son billionaires Raj Kumar and Kishin have reportedly placed a deposit on Scotts Square, a freehold mall in Singapore’s Orchard Road area, with a sale agreement possible by early September. The S$250 million deal would see the duo add the 130,900 sq ft retail podium to their property empi
Building permit approvals in the Philippines dropped to a three-month low in June, falling 0.3% year on year to 17,081, reversing a 20% expansion a year earlier. Residential permits fell 2.1% while non-residential approvals grew 4.6%, highlighting a shift toward commercial and institutional projects
Stavian Group has broken ground on Thuong Dinh Industrial Park in Diem Thuy Commune, Thai Nguyen Province. The 50-year project will offer about 90 hectares of leasable land for factories and warehouses, targeting supporting industries, electronics and mechanical engineering.
Billionaire Koh Wee Meng's Fragrance Group has launched the sale of Verdun House, a freehold commercial building in District 8, with an asking price of S$64 million. The 48.8% premium over its 2022 purchase price reflects S$2,669 psf on maximum gross floor area.
Sime Darby Property has signed a sale and purchase agreement to acquire Wisma Unirazak along Jalan Tun Razak, Kuala Lumpur, for RM160 million. The developer plans to redevelop the freehold site into a high-rise serviced apartment project with a gross development value of RM900 million, targeting a 2
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