
Creditors Tender Hong Kong Hotel Seized from China's Shimao Group
A dual-branded hotel complex seized from Chinese developer Shimao Group is up for tender in Hong Kong. The 1,219-room property is attracting well-capitalized global buyers.
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A dual-branded hotel complex seized from Chinese developer Shimao Group is up for tender in Hong Kong. The 1,219-room property is attracting well-capitalized global buyers.

Vietnam's government is making rental housing a key priority to address market imbalances and affordability challenges. The new strategy aims to balance supply and mobilize private capital.

Ho Chi Minh City authorities have announced a plan to auction eight land lots in the Thu Thiem New Urban Area, covering over 138,000 sq.m. The move aims to boost city revenues.

A venture including Malaysian billionaire Jeffrey Cheah's Sunway MCL lodged a top S$750.6M bid for a prime Singapore residential plot. The offer underscores strong developer confidence.

Vietnamese developer Nam Long has been named in the Top 50 Corporate Sustainability Awards for the fifth straight year, highlighting its ESG-integrated strategy.

Vietnam's real estate market faces a structural imbalance, with a severe lack of affordable housing. Experts call for state-led policies to develop a professional rental sector.

Singaporean real estate agency PropertyLimBrothers has confirmed co-founder Melvin Lim is now a non-salaried director. The move follows his January CEO resignation amid a personal scandal.

Developer Nam Long Group received national recognition for its large-scale township projects in southern Vietnam, reflecting its focus on integrated living spaces.

With homeownership out of reach for many, Vietnam is at a crossroads for its housing policy. Experts are calling for a strategic shift to develop a viable rental market.

Sun Group's Sun Ponte Residence in Da Nang enters its handover phase, tapping into a robust rental market with yields of 8-9% fueled by resurgent tourism.

Vinhomes' Vu Yen Island project is positioned to benefit from Hai Phong's major urban expansion. Infrastructure investment is driving property values north of the Cam River.

Novaland is ramping up construction at its Aqua City township after resolving legal issues. The developer hosted an event showcasing progress and aims to deliver 9,200 properties by 2027.