European office sales slumped to lowest since 2009 last year, data shows
The commercial real estate market globally has endured tough trading since the Covid-19 pandemic
Property News
Property News
URA should whet the appetite of developers with a prime CBD office site in Singapore
A POTENTIAL shortage may be on the horizon for Singapore’s Core Central Business District (CBD) Grade A office market.
Rare China support shows Vanke may be too big to fail
Lifeline signals Beijing is willing to take more steps to halt a housing slump that’s now in its fourth year
GuocoLand to launch its fourth Lentor project in Q1
Lentor Modern’s residential units are sold out; Lentor Hills Residences and Lentor Mansion almost fully taken up
From Hong Kong to London, prime home values set to decline
More than half of the 30 global cities monitored by Savills could see either negative or flat annual growth in residential capital...
China Vanke bonds jump after plan to redeem early one billion yuan onshore notes
China Vanke has a total of US$3.4 billion due this year
Brookfield seeks to buy more Japan property after US$1.6 billion in deals
The firm will focus on logistics, mixed-use complexes and hospitality assets
Ditch the VIP inside track at new condo launches
Treat all potential buyers equally and let luck dictate who gets first bite at sought-after units
Hong Kong’s property distress is catching up with city’s banks
Lenders with soured loans and mortgages have been reluctant to sell the underlying real estate assets at a loss – but that...
Frankfurt’s skyline darkens as old office buildings sit vacant
In one of Frankfurt’s most central neighbourhoods, a stone’s throw from the city’s main train station, a 19-storey highrise building once occupied...
UK chancellor to fast-track housing approvals near rail stations
UK Chancellor of the Exchequer Rachel Reeves plans to fast-track planning approvals for housebuilding near big commuter rail stations as part of...
Hong Kong races to find its property market bottom
AS FISCAL income from land sales evaporates, Hong Kong is removing all of its onerous property cooling measures that have been in place...
Some self-storage operators may have to move out of current locations after JTC review on land use
Changes follow review intended to accommodate increasing demand from operators such as Lock+Store and StorHub; alternative sites identified for self-storage use
Australian PM pledges cash for construction apprentices ahead of election
Construction apprentices will be offered a cash incentive of A$10,000 each
Hong Kong home prices slip in December, fall 7.1% in 2024
HONG Kong’s home prices fell 0.7 per cent in December and 7.1 per cent in 2024, government figures showed, as the property...
Sino-Ocean’s Hong Kong wind-up case delayed as UK ruling looms
The company is involved in parallel proceedings in London on its debt plan for both bondholders and bank lenders
Retail space rents in central region of Singapore edge up 0.6% in Q4, rise 0.5% for 2024
Retail asset prices down 1.3% in the quarter: URA
Q4 rebound underscores resilient housing demand, but market challenges remain: analysts
Private home prices seen rising 3 to 6% in 2025 after growth moderates to 3.9% in 2024
HDB resale prices climb 9.7% in 2024; rise is double that of 2023
Supply squeeze, robust demand fuel index gains although price increase is lower than 2022’s 10.4 per cent
Bifurcation of Singapore office market widens on the back of flight to quality by tenants
Category 1 offices’ 2024 median rent growth of 4.5% outpaces 1.8% rise for Category 2 offices
Mortgage rates in US drop for first time in more than a month
Homebuyers are still facing intense affordability challenges
Single women, rich millennials will fuel luxury real estate this year
Despite the US attracting the second-highest number of wealthy homebuyers last year, international purchases hit their lowest level since 2009
Fewer residential completions, tight HDB resale supply seen propping up prices in 2025
The 6,974 resale flats expected to hit the market is the lowest in 11 years
Vanke in talks to sell logistics firm stake to GIC: source
INDEBTED property developer China Vanke is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth fund...
Tokyo apartment prices drop from record in 2024 as market calms
TOKYO new condo prices fell last year, moderating to a more sustainable growth trend after a big jump in 2023.