The failure of Genting Malaysia’s US$1.23 billion land parcel sale in Miami has sent shockwaves across the real estate and investment sectors. This article investigates the reasons for the deal’s collapse, considers the ramifications for Genting Malaysia and the larger market, and looks at the variables that contribute to the uncertain investment climate. Genting Malaysia planned to sell its Miami …

Andrew Tan, a notable business magnate, has revealed intentions to invest heavily in Philippine townships and hotels via his firm, Megaworld. With a $6.3 billion commitment over the next five years, this investment represents a huge boost to the country’s real estate and tourist industries. This article examines the consequences of Tan’s ambitious investment plan and its possible contributions to …

SINGAPORE: Following January’s strong numbers, sales of new private homes dropped by around 60.5 percent in February, as developers held off on new home launches during the Chinese New Year season. According to data released by the Urban Redevelopment Authority (URA) on Monday, developers sold 645 units last month, compared to 1,632 units in January, except executive condominiums (Mar 15). …

Property developers are opting for online channels and applications to sell residential units and provide services to customers, while minimising possible risks from coronavirus infections. Vittakarn Chandavimol, chief of corporate strategy and creation for SET-listed developer AP Thailand, said the company has applied technological adaptations to working processes and customer services. “We’re using online channels such as live streaming through …