Sunac can’t rule out second offshore debt overhaul
Defaulted property developer Sunac China Holdings said it can’t rule out a second offshore debt restructuring as a prolonged property crisis dims...
Property News
Property News
Chinese developers begin new year with deepening debt woes
Their financial deterioration comes despite Beijing’s efforts to stabilise the housing market
Japan’s NTT appoints banks for US$1 billion data centre Reit IPO in Singapore: sources
JAPAN’S Nippon Telegraph & Telephone Corp (NTT) has appointed Bank of America and UBS to work on a US$1 billion data centre...
China Evergrande’s key unit ordered to liquidate by Hong Kong court
A KEY offshore unit of China Evergrande Group was ordered to wind up in Hong Kong, the latest legal win for liquidators...
Hong Kong housing analysts are predicting a market bottom this year
Oversupply of homes may limit growth in property prices
Developer Sunac China receives liquidation petition in Hong Kong
DEFAULTED builder Sunac China Holdings has received a liquidation petition in Hong Kong, according to the city’s judiciary website.
Country Garden proposes new restructuring terms with key banks
Developer aims to reduce debt by as much as US$11.6 billion
Ong Beng Seng acquires 150,000 more shares in Hotel Properties for S$537,000
The transaction increases his stake in the company – which he founded – to 60.22%
Epson puts Tuas building up for sale at S$55 million as it winds down Singapore plant
CBRE says the site offers ‘ample facilities for various industrial needs’
Irish home asking prices rise at highest rate since 2022: report
ASKING prices for Irish homes rose in the final quarter at the highest rate since June 2022, according to a report, as...
Australian rents are rising at the slowest pace in three years
AUSTRALIAN median rents rose 6.9 per cent in the three months to December from a year ago, the slowest pace since 2021,...
ABSD tweak, housing affordability, urban rejuvenation lead property players’ Budget wish list
Addressing them will help ensure sustainable growth in Singapore’s real estate market, while maintaining its position as a wealth hub
Good Class Bungalow sales volume in 2025 expected to match, if not exceed, last year’s tally
Generational wealth transfer, Singapore’s stability underpin demand for the creme de la creme of the city-state’s landed housing market
URA makes rare offer to grant developers bonus floor area to keep Golden Mile Tower’s cinema block
THE owners of Golden Mile Tower in Beach Road have been offered bonus gross floor area by the authorities if the complex...
Dalvey Road GCB property belonging to Ong Teng Cheong’s family up for sale at S$60 million
The site occupies 21,882 sq ft of land and is being marketed at a price of about S$2,742 psf on land
New Zealand house prices tipped to show modest gains in 2025
NEW Zealand house prices may show a modest recovery this year after failing to respond to falling interest rates in the final...
How China’s planning its biggest push in years to cut hidden debt
CHINESE Finance Minister Lan Fo’an announced in October that China would soon launch its largest effort in years to address risks from...
Companies should do away with having an executive chairman
The individual might get too involved in the group’s operations, and the staff could be torn between potentially competing centres of power
China’s residential foreclosures increase in 2024 amid property slump
The number of repossessed homes up for auction stood at 370,000 in 2024, up from 364,000 in 2023
Toyota aims to open its futuristic city in Japan this year
TOYOTA Motor plans to move in the first 100 residents of a futuristic city at the base of Mount Fuji in Japan...
Are the days of Singapore’s en bloc fever over?
Last year saw just four completed collective sales and a success rate of 25 per cent
Singapore faces risk of new property curbs, Morgan Stanley says
Combined with an influx of supply, it could lead to a 5% drop in prices this year
River Valley Apartments up for sale at S$56 million
The tender will close on Feb 18 at 3 pm
Local property giants should aspire to pan-Asean leadership
The home market is mature and China real estate has its challenges
Hong Kong-based Logan Group proposes restructuring its US$8 billion offshore debt
HONG Kong-based developer Logan Group said on Monday (Jan 6) it was offering a restructuring proposal for the majority of its about...