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Grandsons of Singapore ‘rubber king’ Lee Kong Chian pay $53M for three luxury homes
Two grandsons of Singapore “rubber king” Lee Kong Chian are buying three luxury property units in high-end residential areas for SGD67 million (US$53 million).
Joint venture involving CDL of Singapore’s 2nd richest billionaire Kwek Leng Beng sets top bid of $556M for residential site
Trump International complex in northern Vietnam gets green light to sell to foreign buyers
Hongkong Land launches largest real estate private fund in Singapore
Property developer Hongkong Land has set up a private real estate fund with assets worth SGD8.2 billion (US$6.4 billion) under management at launch, the largest in Singapore.
February 3, 2026 | 08:53 pm PT
Lottery jackpot winners cannot afford apartment in Seoul
Winning a lottery jackpot in South Korea is not enough to buy an apartment in Seoul, as lottery prizes have been declining for years, while home prices surge.
February 3, 2026 | 06:33 pm PT
CDL of Singapore’s 2nd richest billionaire Kwek Leng Beng sells over half of freehold condo project on launch weekend
City Developments, controlled by Singapore’s second-richest man Kwek Leng Beng, has launched a freehold condominium project in the city-state’s central business district, selling 57% of units during its launch weekend.
February 1, 2026 | 08:19 pm PT
Singapore property investment reaches 8-year high
Singapore property investment market hit the highest in eight years in 2025, driven by lower asking prices and financing costs.
January 29, 2026 | 08:00 pm PT
Hong Kong home prices post first annual gain since 2021
Hong Kong private home prices rose 3.3% in 2025, marking the first rise since 2021 as interest rate cuts and declining housing inventory bolstered market sentiment.
January 29, 2026 | 01:11 am PT
Singaporean billionaire Chua Thian Poh’s Ho Bee Land buys Australia property for $220M
Ho Bee Land, a property developer controlled by Singaporean billionaire Chua Thian Poh, is acquiring a development site in Australia’s northeastern state of Queensland for A$318.5 million (US$220.3 million).
January 28, 2026 | 02:22 am PT
Singaporeans, Malaysians among top overseas homeowners in England, Wales
Singaporeans and Malaysians are two of the 10 largest groups of international homeowners across England and Wales.
January 28, 2026 | 02:20 am PT
Nomura banker buys $9.6M Hong Kong luxury house
A senior banker at Japanese financial firm Nomura Holdings has purchased a detached luxury house in Hong Kong’s Southern District for HKD75 million (US$9.6 million), showing renewed interest in high-end residential market.
January 26, 2026 | 03:19 am PT
Singapore father-son billionaire duo puts Orchard Road F&B enclave on market for $195M
Royal Holdings, controlled by billionaire father and son Raj Kumar and Kishin RK, is selling Cuppage Terrace, a beloved food and beverage enclave in Singapore’s Orchard Road shopping belt, for S$250 million (US$195 million).
January 20, 2026 | 07:28 pm PT
Malaysia’s construction giant IJM probed for alleged money laundering days after takeover bid from billionaire Jeffrey Cheah’s Sunway
Malaysian authorities have launched an investigation into construction firm IJM over alleged money laundering, days after the company became the subject of a takeover bid by billionaire Jeffrey Cheah’s Sunway conglomerate.
January 20, 2026 | 01:35 am PT
CDL of Singapore’s 2nd richest man Kwek Leng Beng begins previews for luxury residences with units from $1M
City Developments, controlled by Singapore’s second-richest man Kwek Leng Beng, is opening previews for its 246-unit luxury condominium in the city-state’s central business district, with the smallest units priced at S$1.298 million (US$1 million).
January 15, 2026 | 07:11 pm PT
Malaysian billionaire Jeffrey Cheah's Sunway bids $2.7B for builder IJM to form 'national champion'
Malaysian conglomerate Sunway, controlled by billionaire Jeffrey Cheah, has launched a RM11 billion (US$2.7 billion) takeover bid for rival IJM, aiming to create a construction and property "national champion."
January 13, 2026 | 06:19 pm PT
Hanoi apartment owners disillusioned with low rents
Incomes from leasing apartments in Hanoi have fallen to low levels, discouraging people who have mortgages to pay.
January 11, 2026 | 07:26 pm PT
Frasers Property of Thailand’s 3rd richest billionaire Charoen Sirivadhanabhakdi sells part of prime Singapore mall for $326M
Frasers Property, a developer controlled by Thai billionaire Charoen Sirivadhanabhakdi, is selling part of The Centrepoint, one of the most iconic malls on Singapore’s Orchard Road premier shopping strip, for S$418 million (US$326 million).
January 8, 2026 | 03:13 pm PT
Unit of Singapore billionaire Kwek family’s CDL grants $14.7M loan facility to Europe-focused real estate investment trust
IREIT Global, a Europe-focused real estate investment trust, has secured a two-year 12.5 million euro (US$14.7 million) term loan facility from a wholly-owned unit of the billionaire Kwek family’s City Developments Limited.
December 29, 2025 | 02:24 am PT
Hong Kong’s billionaire Cheng family puts luxury Rosewood Hotel in London on sale amid debt pressure
Hong Kong’s billionaire Cheng family has put its luxury Rosewood Hotel in London on the market as weakening property prices at home pushed up the relative debt of its property developer New World Development.
December 23, 2025 | 08:10 pm PT
Ultra-luxury resorts pop up in Vietnam, charging $25,000 per night
The resort real estate market has entered the global ultra-luxury segment with mansions and entire peninsulas being rented at US$25,000 a night.
December 23, 2025 | 06:34 pm PT
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