URA to review guidelines on floor space to give developers more design flexibility: Chee Hong Tat
The GFA relook comes in response to industry feedback
Property News
New World Development gets Shanghai bourse nod for US$570 million Reit listing
The move comes as the indebted developer seeks to cut debt, dispose assets and bolster liquidity
Can a first-time homebuyer couple earning S$18,000 a month afford a new EC unit?
Consider capping prices of such homes to largely below S$1.6 million each
Not just a warehouse: Industrial players pump hundreds of millions into high-spec automated logistics assets
Labour constraints, complex supply chains and rising costs are driving demand for these kitted-out facilities
UK property asking prices rise for first time since May: Rightmove
Prices for property put up for sale rose by 0.7% between Aug 9 and Sep 12
China’s US$33 billion experiment to prop up property market sputters on weak demand
The market for publicly listed Reits is showing signs of fatigue as a supply glut looms
UK considers lowering mansion tax threshold: report
Extending the levy to include lower-value properties would more than double the number of homes caught
SC Capital Partners sells Rivervale Mall in Sengkang for around S$276 million
Buyer is linked to Master Contract Services, which recently bought Orchid Hotel
CDL to release strategic review outcome on Sep 28
It involves the group’s global portfolio and capital allocation priorities
Luxury properties seized in S$3 billion money laundering case fail to sell at auction
A two-bedroom plus study unit at Gramercy Park draws the most interest, with the highest bid at S$3.75 million
Omnicom said to have leased nearly 50,000 sq ft of office space on 51 Merchant Road
It is expected to maintain a presence in MacDonald House, but exit its Mediapolis and Alexandra Road premises
Boat Quay rule easing draws raft of hotel conversion plans for conservation shophouses
URA receives six applications for hotel use in the Upper Circular Road street block and one in Beach Road
Real-estate veteran Desmond Sim quits CEO roles at Realion, ETC
Deputy group CEO Justin Quek will lead operations of Realion Group, and Christopher Ng will oversee ETC
Making room for co-living in Singapore as investors commit, demand broadens
The Republic should create clearer pathways for conversion and development
US homebuilder sentiment drops to match lowest level since 2022
Builders face higher material costs, rising fuel prices and persistent labour shortages
Almost £20,000 wiped off average valuations for London properties: official data
Average prices are down 3.3% in the 12 months through July, the sharpest fall since January 2024
Trendale Tower back on market for en bloc sale at S$168 million guide price
The prime District 9 site could be redeveloped into a long-stay serviced apartment project
Hong Kong plans faster tech hub development to boost home supply
The Northern Metropolis is expected to provide 70,000 homes over the next five years
Moody’s City of London head office on sale for US$445 million
It will test investor appetite for trophy real estate in a market where transactions have cooled
Sydney housing slump creates pandemic-sized hole in state tax take
Tax revenue from home sales dives more than 20% in August
CDL to launch 570-unit Jurong project Lucerne Grand with prices from S$1.5 million
The mixed-use development is directly linked to Lakeside MRT station
Malaysian developer Eco World tops bids for Sin Ming area housing plot with S$1,612 psf ppr offer
Tender draws 7 bids in total; Eco World’s S$208.1 million offer is higher than expected
August new home sales slow as launches dry up during Ghost Month
Developers sell 153 private homes during the period, similar to June when no new launches were marketed
Clifton Partners puts Townshend Road shophouses up for sale at S$60 million
The property is expected to draw interest from private wealth investors and family offices
China’s consumption falters, investment slump deepens despite factory rebound
Economic growth is at risk of falling below the official annual target of 4.5 to 5% for a second straight quarter
China new home prices fall for third straight month as prolonged property slump weighs on economy
Annual price decline narrows to 3% in August from 3.2% in July
In a business takeover, how can landlords in Singapore protect themselves?
More commercial establishments are closing this year, with many attempting to sell their operations first