South Korea to announce measures to cool house prices: report
The resurgent housing market could emerge as the first real test for new President Lee Jae-myung
Property News
Property News
Frasers, Sekisui, CSC Land consortium tops nine bids for Dunearn Road site with S$1,410 psf ppr bid
It bids S$491.5 million in state tender for first residential site to be sold in new Bukit Timah Turf City estate
Hong Kong home prices little changed in May
[HONG KONG] Hong Kong’s home prices largely stayed flat in May, government figures showed on Thursday, supported by falling mortgage rates.
Chinatown Business Association seeks over S$77,700 in backdated rent from Nanyang Old Coffee for outdoor refreshment area
It is also demanding that the cafe remove items that have encroached into the space, and pay legal costs of S$5,500
Tokyo’s rising rents show inflation cycle deepening for Bank of Japan
The widening pattern of rising prices and rents backs the case for further interest rate hikes by the central bank
Bishan to get over 2 million sq ft of office space, new integrated development
These are part of plans to grow decentralised office spots across the island and expand its regional hubs
CapitaLand to launch LyndenWoods condo in Singapore Science Park with prices from S$2,200 psf
This will be the developer’s first residential project in the Buona Vista business park; it plans to roll out one or two...
Japan’s NTT DATA Group targets July listing of data centre Reit on SGX: sources
[SINGAPORE] Japan’s NTT DATA Group could list its data centre real estate investment trust (Reit) on the Singapore stock exchange as early...
Aviva hunts partner as it seeks to expand Spanish housing bet
Broker Savills appointed to raise about 150 million euros to inject into the portfolio
Bank of Korea warns of housing, debt risks as easing continues
The central bank says the housing market is diverging between Seoul and the rest of the country – a concern it has...
Hong Kong developer sought loans backed by Picasso, Warhol art
Parkview has been looking for new sources of funding
New private homes planned in Paterson, Newton areas
An integrated development is being planned above the Orchard MRT interchange
More homes, business hubs and parks – what’s coming up in Singapore in next 10 to 15 years
The Draft Master Plan 2025 maps out Republic’s long-term plans for a sustainable and liveable future
Draft Master Plan 2025 builds capacity; its success hinges on developers stepping up, skilled migrants bringing dynamism
Should property players get greater flexibility amid tough economic backdrop?
Singapore’s next chapter: New models for regional hubs, industrial estates in URA’s Draft Master Plan 2025
Major office hub planned for Bishan, more flexible use allowed for industrial sites near transport nodes in Jurong and Tuas. These tweaks...
Daiwa plans 100 billion yen real estate fund as Japan market booms
The Japanese brokerage will target Japanese rental housing and hotels assets that tend to be better insulated from inflation compared with other...
Hong Kong’s smaller developers become US$22 billion risk for banks
Lenders are demanding stricter refinancing terms, asking for credit enhancements, and increasingly, halting new lending altogether, according to sources
URA launches residential sites for sale at Dorset Road, Upper Thomson Road, Telok Blangah Road
All three plots form part of the 5,030 residential units to be released via the confirmed list of the GLS programme for...
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
The development locations will be 225 hectares in total size located in Ireland, Spain, Italy, and Denmark
US home resales stay sluggish on affordability constraints
Mortgage rates remain stuck near 7% and are seen staying above 6% at least through next year
China asks state-owned developers to avoid public debt defaults
Most of the biggest private developers have defaulted since 2021, shattering confidence in the housing market
China land sales income hits decade low, widening budget deficit
The government’s spending push has been key in shoring up the domestic demand this year
Wing Tai Properties sells entire equity interest in Topworth Enterprises for £43 million
The group will record a gain of about HK$31 million from the disposal
London’s luxury property downturn looks set to get even worse
UK tax hikes are thinning out the ranks of super-wealthy homebuyers; the market looks to be in a chronic decline, with no...
See the positives in having choice HDB resale flats that transact for over a million dollars each
Robust HDB resale market creates wealth effect, supports condo upgrading and helps in retirement financial adequacy
Hong Kong’s New World Development ‘actively engaged’ with creditors on loan refinance
The update follows media reports that the city property developer, which has one of the highest debt ratios among its peers, is...
Japan still a draw as Singapore property players look beyond Tokyo
Capital inflows are from investors that entered the market in recent years, rather than newcomers
Doubling home construction will barely improve affordability in Canada: report
Government agency’s study lowers expectations for the impact of building pace on housing costs
Morgan Stanley says Hong Kong’s housing sector is bottoming out
Home prices driven by an influx of mainland Chinese buyers, improved capital markets and a recent plunge in interest rates
Hong Kong developer sells HK$538 million luxury mansion at a loss
[HONG KONG] Hong Kong developer Chuang’s Consortium International is selling a luxury mansion in the upscale Deep Water Bay area at an...
Million-dollar HDB resale flat deals on track for record as supply crunch bites, demand holds steady
Analysts project up to 1,500 of such deals this year