Qatari royals seek to recoup costs on US$400 million Los Angeles mansion
Even at that price, the seller would be unlikely to break even on the investment
Property News
Developer China Vanke posts 5.95 billion yuan loss in Q1
[BEIJING] China Vanke’s losses dragged on in the first quarter as the embattled developer faces a wall of upcoming debt maturities.
US mortgage rates tick up to 6.37%
[WASHINGTON] US mortgage rates rose last week for the first time in a month, with the average 30-year fixed-rate mortgage up 2...
CDL strategic review ‘timely’ after last year’s disputes, Sherman Kwek tells shareholders
The exercise will be ‘a look back at everything we’ve done’, says group CEO; details to be unveiled by end-June
Anthropic, OpenAI splurge on London office space in leasing wave
AI-enabled firms are looking for roughly 630,000 square feet of space across the UK’s capital
Mapletree Industrial Trust to divest up to S$600 million of North America assets, eyes Japan and Europe for growth
The divestments are expected to be carried out within the next 1 to 2 years
MUFG to make foray into Indian real estate, expand forex derivatives
The bank has been scaling up in India, with its investment in Shriram Finance marking a big move
Wing Tai, Metro outbid 5 others for Dunearn Road site with bullish S$1,625 psf ppr bid
This is just 3% more than Frasers Property consortium’s next-highest offer of S$1,576 psf ppr for the 330-unit site
CapitaLand Investment sets sights on single flagship C-Reit to drive scale
In the longer term, it hopes to combine CapitaLand Commercial C-Reit with a second China Reit slated to list this year
TPG buys majority stake in Japanese logistics assets from ESR
The assets are ESR Yokohama Sachiura Distribution Centres 1 and 2
Qingjian venture markets Hudson Place Residences in one-north from over S$2,200 psf
The development has 327 units and retail space spanning 400 sq m
Paragon’s value lies in the opportunity for CICT to transform an ageing gem
The trust has the means and expertise to add value to the trophy Orchard Road asset
Centurion acquires second key worker accommodation asset in Western Australia for A$28.6 million
The freehold property comprises 77 apartments across six storeys
S$14 million Leedon Residence deal nets S$5.2 million profit, tops Q1 resale gains
ECs among top percentage gainers with profits of 130%-140%; biggest losers suffer losses of up to S$1.9m
1,224 private homes sold at 2 new launches; Tengah Garden Residences 99% taken up at average S$2,120 psf
SingHaiyi’s Vela Bay condo project moves 72% of units at S$2,886 psf
Plans for Paragon AEI ‘well advanced’ before ‘unsolicited’ CICT offer: Cuscaden Peak
CICT’s bid was ‘considered carefully’, taking into account Paragon’s long-term needs
The Great Singapore Office Sale: What’s driving the surge in deal activity in the office market?
Lower interest rates are helping to fuel a resurgence in Singapore office investment sales. But will there be takers for all these...
Foreign buyers cushion Thailand housing slump as market heads for 4th year of decline
As debt and tighter credit sap local demand, developers draw overseas buyers to resort markets
Singapore retail rents fall 0.6% in Q1 as vacancy rate remains flat: URA
Analysts expect prime retail rents to rise by 1 to 4% in 2026
Islandwide office vacancy falls to 10.8% as at end-Q1: URA
Office rents in Singapore’s central region slip 0.2% in quarter
Private home prices rise 0.9% in Q1, setting stage for steady 2026
They accelerate from 0.6% growth in previous quarter even as sales volume dips
Median resale prices hit S$1 million for 4-room HDB flats in two towns in Q1 despite overall dip
Transaction volumes of resale apartments rise 19.6% to 6,285 units, from 5,256 in the previous quarter
Ascott shuts Newton training centre ahead of lease expiry, lays off 6 staff
[SINGAPORE] Ascott, the wholly owned lodging business unit of CapitaLand Investment, is winding down its hospitality training centre in Newton and laying...
Singapore industrial rents up 0.4% in Q1 amid uncertainty arising from Middle East conflict: JTC
The occupancy rate for all industrial spaces is up 0.2 percentage point from Q4 2025
Tokyo resale condo prices fall for two months in row in sign boom may fade
Average prices of previously occupied apartments in six central wards decline 0.2% in March from the previous month to 187.3 million yen
Zara founder Amancio Ortega leads ultra-rich’s push into US$1 trillion property market
Bricks and mortar has long been a popular asset for many of the world’s rich
Thai hotel chain leans on Asian guests as war disrupts travel
Centara, with more than 50 properties, mostly in Thailand, is seeing fewer European visitors
New Zealand house sales drop as Iran war hits buyer confidence
Local bank economists expect house prices will fall this year