Macquarie Global Property Advisors, a real estate investment firm partly owned by Australia’s Macquarie Bank, said late on Sept 19 it had submitted the top bid of S$2.02 billion (RM4.61 billion) for a one-hectare plot of land in downtown Singapore. The firm’s bid in the government land sale topped a rival offer from a consortium [...]

              Based on Hwang DBS Vicker Research: Rental Rate (USD/psf) Commercial Price (USD/psf) Manila 1.10 120.0 Kuala Lumpur 1.10 170.0 Bangkok 1.20 200.0 Sydney 3.60 720.0 Hong Kong 8.20 1,700.0 Singapore 4.50 1,300.0 Tokyo 6.30 2,000.0