The old Thong Chai Building, a national monument, set to change hands
An entity linked to Clifton Partners is understood to be buying the property at an all-in cost of S$45 million to S$50...
Property News
Property News
European real estate stuck in ‘zombieland’ as recovery proves elusive
Year-on-year commercial property sales in Europe were flat in the first quarter of 2025 at 47.8 billion euros
Kheng Leong, Low Keng Huat launch Canberra Crescent Residences with prices from S$1,880 psf
One-bedders at the 376-unit condo are priced from S$880,000, while prices for two-bedders start at S$1.11 million
Amara announces it will delist from SGX mainboard on Jul 21
DRC, which is a consortium led by property developer Hwa Hong, will exercise its right to compulsorily acquire all remaining shares at...
Starwood strikes US$2.2 billion real estate deal with Brookfield
The deal includes 12 million square feet of space across 467 properties, with tenants spanning food production, auto services and retail industries
New World seeks to sell 11 Skies airport mall to boost liquidity: sources
The company has held early-stage discussions with the Hong Kong airport authority on its plans
CDL shares surge over 6% after Philip Yeo exits board
He has previously backed chairman Kwek Leng Beng in his boardroom battle against his son, chief executive officer Sherman Kwek
China Vanke seeks to extend some bank loans by up to 10 years
China’s financial regulators have pledged to step up support for real estate financing, though banks have been constrained by worsening profitability and...
HDB to launch more than 10,000 new flats in July exercise
This comprises about 5,500 Build-To-Order apartments and 4,600 units of Sale of Balance Flats
China’s Xi touts ‘new model’ of property development in rare meeting
One of the goals is to make cities more comfortable and convenient
Macau property magnate Loi Keong Kuong and family sell five Pagoda Street shophouses for S$50.7 million
This is 13.5% lower than the purchase price a decade ago, partly because of the shortened balance in land tenure; the vendor...
US home prices are losing steam with most big markets below peak
Homeowners in parts of the US have already seen an erosion of wealth
Philip Yeo to step down from CDL board
Departure comes three months after CDL’s annual general meeting, when he rallied shareholders against ‘bullying’ by majority directors
Chinese buyers spent 83% more on US homes this year
The data shows that Chinese buyers are brushing aside concerns over US-China geopolitical tensions and tighter visa policies
New private home sales more than double year on year in H1 2025 to 4,634 units
This comes despite a sales volume dip in June; momentum is likely to pick up as more projects hit the market
Far East Hospitality opens two hotels in Osaka
The venture is in partnership with Anglo Fortune Capital Group
Kelvin Fong appointed PropNex CEO; Ismail Gafoor remains as executive chairman
Fong, previously deputy CEO, has more than 20 years of experience in the industry
24 law firms probed for conveyancing of properties seized from money launderers, two to pay penalties
Investigations of 11 firms concluded, with two to pay penalties of S$30,000 and S$100,000
China home prices fall at fastest pace in eight months, stimulus calls rise
Cities across the country have also relaxed homebuying curbs and eased restrictions on housing provident fund programmes for individual mortgages
Luxury development boom stokes jump in Indian real estate shares
Upcoming new launches from DLF, Prestige Estates Projects and Lodha Developers are adding to the stronger sentiment
China Vanke says first half loss may widen to US$1.67 billion
Over the past four years, a number of major developers have defaulted on their debt as government crackdowns and faltering home-buyer sentiment...
Builders’ mortgage aid lifts home prices, Morgan Stanley says
Fannie, Freddie and Ginnie support the mortgage industry by packaging mortgages into bonds and providing investors with a financial guarantee
IOI offers ‘special preview prices’ for limited units at about S$3,200 psf for W Residences Marina View
These rates apply to some three-bedroom units, which were earlier listed at prices starting from S$5.4 million
Two River Valley area projects – River Green and Promenade Peak – begin previews this week
These are the first launches coming out of a cluster of four government land sale sites tendered in the area
Centurion shares jump more than 5% as group anticipates ‘significant increase’ in H1 profit
The company has also confirmed Centurion Accommodation Reit will be listed on the mainboard of SGX
Should capital gains tax replace seller’s stamp duty on homes?
Taxing profitable property transactions would be a more equitable way to curb speculation
CapitaLand sells 94% of LyndenWoods at average S$2,450 psf
Science Park condo launch is first after another set of property cooling measures rolled out in July
Trump’s 50% copper import tariff said to cover refined metal
[NEW YORK] US President Donald Trump’s promised 50 per cent copper tariffs are set to include all refined metal, indicating the president’s...
Getting real on Good Class Bungalow prices
Some silver-generation owners of bungalows in GCB Areas are adjusting downwards their price expectations, in favour of smaller homes and more cash...
US mortgage rates climb after five straight weeks of declines
A bump in listings has given house hunters more choices and greater negotiating power