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The virtual tour landscape has significantly changed pre pandemic and post pandemic. Where 360 virtual tours were once seen as more of a fad and just one of the marketing techniques that the real estate industry regularly deploys, it is now a tool that home seekers expect when they view a new property launch. During […]
With walls coming back up , it would seem open floor plans are falling out of favour in the interior design world. Yet, we are still seeing a majority of homeowners here in Singapore going for the open concept look. It makes sense, with homes here on the smaller side. An open floor plan, with […]
The survey results for this year’s Emerging Trends in Real Estate® Asia Pacific report reflect a combination of cross currents—some of them strikingly different—created by different types of investors as they pursue a range of different strategies. Most obviously, there is a growing divergence between investors embracing either growth- or yield-driven approaches: on the one […]
Prominent housing experts have claimed that Britain’s property market will be turned upside down as the aftermath of Friday’s Brexit vote becomes clearer. With 51.9% of Britain’s eligible voters versus 48.1% opting to leave the EU, the argument is that this will lead to a faltering economy and therefore hit prices, this in turn hinders ability […]
The region is embracing the “Fourth Industrial Revolution” As the world moves on the cusp of the Fourth Industrial Revolution, it begs the question: Will it take root in Southeast Asia first? If technological and real estate trends continue, the region is on course to see a massive metamorphosis in the way denizens work, shop, […]
A report released by Colliers International Group Inc. reveals how changing requirements for real estate among regional tech companies is altering the demand dynamics for office space across Asia Pacific. Mr Sam Harvey-Jones, Managing Director of Occupier Services | Asia, Colliers International, says, “Finance and insurance companies have traditionally been the major tenants of CBD […]
BlackRock Inc said it would sell a 43-storey Singapore office tower for $2.5 billion – one of at least three office building deals in the last two months for a market gripped by worries about oversupply and rising vacancies. The sale to Qatar Investment Authority, a sovereign wealth fund, is Singapore’s largest office transaction. It […]
Shunfu Ville, a 358-unit residential development in the popular Bishan/ Thomson area, has been successfully sold to a unit of Qingjian Realty (South Pacific) Group Pte Ltd, a conglomerate with a wide range of business operations such as contracting, investments, real estate development, capital management and logistics. The massive exercise, which has managed and brokered […]
Based on CBRE’s semi-annual Global Prime Office Occupancy Costs survey, Asia continued to dominate the world’s most expensive office locations, accounting for four of the top five markets. London’s West End remains the world’s highest-priced office market. London’s West End’s overall prime occupancy costs topped the ‘most expensive’ list at US$267 per sq. ft. per […]
New York’s luxury property market was on fire in 2014, with high-end home prices registering the biggest gains globally, according to Knight Frank. The value of high-end residential property in the U.S. financial center soared 18.8 percent between December 2013 and December 2014, far outpacing the global average price growth of 2 percent, the real […]
