Rich China Man Purchases GSH Plaza For $725M

Ji Changquin, one of China’s richest men, is set to buy the holding company that owns a great A office building of GSH Plaza, for $725.2 million. The Nanjing businessman, who is known for his company Fullshare Holdings, made a deal with the group with Plaza Ventures that owns the GSH Plaza. Sam Goi is […]

Report Notes Prices Dropping On Luxury Properties

Luxury property market prices dropped last year, but people need to move forward with a little caution.  Based on the figures of Urban Redevelopment Authority, there was a 1.2% drop in prime district values. However, it still fared better than other areas of the island. The URA said prices dropped 2.8% in the city fringe […]

Manulife Will Purchase DBS’ PwC Building

DBS Group Holding will sell its 28-story PwC building to Manulife for $747 million. The deal is set to go through in March. The amount is based on the property value and Manulife’s repayment of a $402.6 million loan. DBS China Square constructed the building in 1999, with a 355,704 square foot net lettable area. […]

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