The regional desk covers real estate beyond Singapore: Hong Kong and mainland China, Japan, Australia, Malaysia, Indonesia, Thailand, Vietnam, the Philippines and India, with an eye on the capital that moves between them.
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.
Small and mid-sized Indian developers are increasingly using insolvency proceedings to acquire bankrupt real-estate firms as land prices soar in major cities. The NCLT has approved more than a dozen such acquisitions in the past quarter, with distressed real estate now seen as an acquisition opportu
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
The All Classes price index rose 0.3 per cent month on month to 323.2, its highest level in the past 12 months. Rental indices also reached 12-month peaks across all classes, with the All Classes rental index up 0.9 per cent month on month to 205.8.
Phuket’s residential market is shifting as foreign buyers become more price-conscious amid a global economic slowdown. Developers are pivoting towards villas priced at 10–20 million baht to meet changing demand.
Lagenda Properties Bhd posted a 25% rise in net profit to RM56.57 million for the second quarter ended June 30, 2026, driven by a 40.8% increase in revenue to RM336.24 million. The group’s property development segment saw revenue jump 47.2% to RM288.76 million, supported by higher recognition from p
Radium Development Bhd’s net profit rose to RM7.01 million in 2QFY2026 from RM785,000 a year earlier, driven by higher work progress at its ongoing projects. Revenue grew 75% to RM74.62 million, and the group plans a joint-venture launch in Kepong with an estimated GDV of RM403 million.
A unit at City of Green condominium in Selangor has been sold for RM300,000, a price the buyer described as below market. The 1,200 sq ft property was unfurnished but in good condition, having been held for a year after being received as contra payment from the developer.