Commentary

From petri dish to playbook: What the great global workplace experiment taught us

Many Asia Pacific markets were first to return to the office, buoyed by strong public health responses, compact commutes, and a cultural emphasis on face-to-face working.

Commentary

From petri dish to playbook: What the great global workplace experiment taught us

Many Asia Pacific markets were first to return to the office, buoyed by strong public health responses, compact commutes, and a cultural emphasis on face-to-face working.

Commentary

It’s high time for property developers to implement effective anti-money laundering requirements

Singapore’s real estate sector will soon see a tightening of its customer and transaction due diligence requirements. From 28 June 2023, property developers will need to implement enhanced measures to prevent money laundering and terrorism financing. This will include the requirement to conduct customer due diligence (CDD) checks on new and existing property purchasers.

Commentary

Navigating the reset of Asia Pacific’s real estate industry: A return to stability

Real estate is by no means immune to the volatility impacting capital markets. The current macro environment offers no shortage of reasons for investors to hesitate in pursuing opportunities. Many are confining capital to the sidelines, awaiting more clarity and for relative stability to return.

Commentary

Revenge Tourism is the New Direction of Travel for Asia

Despite high airline ticket prices and new widespread Covid-19 variants, we have seen a surge in the demand for travel across regions which have eased Covid-19 restrictions. With staff and operational reductions over the past 2 and a half years, the tourism sector in Europe has been struggling to cope with pent-up demand and the high numbers of travellers. For example, in July 2022, Heathrow Airport controversially applied a daily 100,000 passenger cap to better manage excessive queues, baggage delays and flight cancellations.

Commentary

What living in the age of the 'Next Normal' will be like: the top architectural trends to watch for in Asia 2022

Living environment has been a topic close to everyone’s heart during the pandemic.

Commentary

Valuation and new real estate business models

As new operating models emerge, property valuers may need to be mindful of the way real estate is run when making valuations.

Commentary

“Two-envelope approach” tender: Central Harbourfront site sale ultimately based on price

According to the Government's Land Sale Programme, the commercial plot New Central Harbourfront Site 3 will go to tender in the third quarter of this year. Instead of the usual highest bidder wins approach, the tender of this site will adopt a “two-envelope approach”. Developers will be required to submit separately a design proposal and a price proposal. The Development Bureau earlier further explained its scoring methodology to the Harbourfront Commission and the Land and Development Advisory Committee, in which the weightings for design and price will be 50-50. The tenderer with the highest combined score will be awarded the tender.

Commentary