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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."
Hanoi apartment owners disillusioned with low rents
Frasers Property of Thailand’s 3rd richest billionaire Charoen Sirivadhanabhakdi sells part of prime Singapore mall for $326M
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 | 05:24 pm GMT+7
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 24, 2025 | 11:10 am GMT+7
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 24, 2025 | 09:34 am GMT+7
Inside Madam Pang's luxurious beach villa
The family retreat of Madam Pang overlooks the sea, featuring landscaped gardens and a private swimming pool, designed in a luxurious style.
December 22, 2025 | 04:48 pm GMT+7
Hanoi approves Vingroup plan for Olympic sports complex with world’s second-largest stadium
Authorities have approved a master site plan for an Olympic-standard sports complex to be developed by Vietnamese conglomerate Vingroup, featuring a 135,000-seat stadium that would become the second-largest in the world.
December 21, 2025 | 06:29 pm GMT+7
Vietnamese-American man spends 16 years fighting to reclaim HCMC villa held in friend’s name
A Vietnamese-American man has been spending 16 years pursuing legal action to get back possession of a house from a close friend in whose name he had bought it.
December 19, 2025 | 11:51 am GMT+7
Logistics group CEO snaps up $17M apartment in Hong Kong
An entity linked to Arnold Lee, CEO of logistics group Hecny Group, has purchased a luxury apartment in Hong Kong’s Mid-Levels West for HKD132 million (US$17 million).
December 19, 2025 | 10:29 am GMT+7
CDL of Singapore’s 2nd richest billionaire Kwek Leng Beng sells Sentosa Cove’s only mall for over $75M
City Developments Limited, controlled by Singapore’s second-richest man Kwek Leng Beng, has signed a deal to sell Quayside Isle, the only commercial site at the exclusive Sentosa Cove enclave, for S$97.3 million (US$75.4 million).
December 17, 2025 | 10:17 am GMT+7
Hanoi apartment flippers have trouble finding buyers as market cools
Speculators in Hanoi are struggling to sell apartments despite lowering prices as homebuyers wait for more affordable options amid growing new supply.
December 17, 2025 | 10:17 am GMT+7
Hong Kong housing prices to rebound in 2026
Hong Kong home prices could climb by 5% in 2026, supported by demand from mainland Chinese buyers, anticipated interest rate cuts and a reduction in unsold new flats, analysts said.
December 13, 2025 | 07:00 am GMT+7
Family of late Macau casino tycoon Fu Tak-iam spends $71M to acquire Hong Kong apartment building
A company connected to the family of late Macau casino pioneer Fu Tak-iam has purchased a serviced-apartment building in Hong Kong for about HKD550 million (US$71 million).
December 12, 2025 | 09:13 am GMT+7
Chinese billionaire Wu Xushun’s son spends $32M on Hong Kong penthouse
Wu Weidong, the son of Chinese billionaire Wu Xushun, has spent HK$250 million (US$32.1 million) on a duplex penthouse in Hong Kong’s Kowloon Tong area.
December 10, 2025 | 10:54 am GMT+7
Hanoi, HCMC shophouses find fewer takers as businesses shift to online sales
Many shophouse owners are having difficulty finding tenants despite offering discounts of up to 20%, as businesses resort to online sales amid a boom in e-commerce.
December 7, 2025 | 08:58 am GMT+7
Banks pull the plug on sub-6% interest mortgage offers
Major banks are no longer offering mortgages at concessional interest rates of below 6% and have hiked them to around 7%.
December 7, 2025 | 08:55 am GMT+7
CDL of Singapore’s 2nd richest billionaire Kwek Leng Beng acquires Holiday Inn London hotel for $370M
A unit of Singapore’s second-richest man Kwek Leng Beng's City Developments has purchased the Holiday Inn London - Kensington High Street in Central London for £280 million (US$370.4 million).
December 3, 2025 | 02:28 pm GMT+7
$1.3B property complex planned for Phu Quoc Island
Enclave Phu Quoc, a subsidiary of construction firm ThaiGroup, wants to build a resort and residential complex on the island at a cost of VND34 trillion (US$1.3 billion).
December 2, 2025 | 03:43 pm GMT+7
Property firm of Malaysia’s richest man Robert Kuok sets top bid of $358M for Singapore residential site
Allgreen Properties, Malaysian billionaire Robert Kuok’s privately held developer, has set the top bid of S$464.8 million (US$358 million) for a highly sought-after residential site in Singapore.
December 1, 2025 | 11:39 am GMT+7
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