UK rental inflation picks up for first time in seven months
UK private rental inflation picked up for the first time in seven months and hit double digits again in the capital, prolonging...
Property News
Property News
UK parents spend £29 billion to help kids buy homes
The Bank of Mom and Dad is becoming a growing source of finance for UK adults looking to get on the housing...
German property market picks up as big deals rebound
GERMANY’S beleaguered real estate market showed tentative signs of recovery as investors completed more large deals, even though offices are still getting...
Proptech platform Podium raises S$20.4 million in Series A-1 round
PROPERTY technology platform Podium raised S$20.4 million in a Series A-1 investment round led by software giant Autodesk, the company said on...
Home prices set to rise in Hong Kong, Singapore, Australia in 2025
PROPERTY prices in Asia’s major markets are expected to rise over the next year with Hong Kong leading the projected gains, according...
Top Indian cities post 23% jump in house prices
BUYING homes in major Indian cities has become costlier as rising demand for luxury units has boosted overall property prices, according to...
Hong Kong property tycoons plough money into rebounding IPO market
PROPERTY tycoons are lending their support to the Hong Kong IPO market for the first time in years, a move that could...
Conflict in Myanmar sparks surge in Thai property purchases
Buyers from Myanmar have been snapping up condominiums in Bangkok and other parts of Thailand, providing a bright spark for the kingdom’s...
Blackstone nears US$2.6 billion deal for Seibu’s Tokyo Complex
Blackstone has emerged as the frontrunner to buy a mixed-use office complex in Tokyo being sold by Seibu Holdings in a deal...
Condo rents up 0.5% in October; HDB rental market perks up: SRX, 99.co
PRIVATE condominium rents rose 0.5 per cent in October, as leasing volume fell for the third straight month to 5,712 units, down...
US housing starts slide 3.1% as hurricanes impact South region
US housing starts declined in October to the slowest pace in three months, as hurricanes exacerbated an easing in construction activity more...
GuocoLand-led group tops three bids for Faber Walk site with conservative S$900 psf ppr offer
A GUOCOLAND-LED consortium placed the top bid for a private housing site for about 400 units in Faber Walk, beating two other groups...
Thai hotel group Minor plans to halve US$7 billion liabilities with Reit launch as tourism booms
MINOR International, one of Asia’s largest hospitality groups, plans to halve its more than US$7 billion liabilities by floating a real estate...
Dubai ruler’s firm eyeing two real estate listings in 2025: sources
An investment conglomerate owned by Dubai’s ruler is weighing plans to list the commercial and residential units of its property portfolio separately...
Rent inflation won’t ebb until mid-2026
Federal Reserve chair Jerome Powell said last week, central bankers are keeping a close eye on housing inflation, which “has yet to...
US homebuilder sentiment reaches seven-month high after election
CONFIDENCE among US homebuilders advanced to a seven-month high in November on a jump in sales expectations and optimism a Trump administration...
China’s Jan-Oct government land sales revenue down 22.9% year on year
CHINA’S government posted a 22.9 per cent decline in land sales revenue for the first ten months of 2024, finance ministry data...
Country Garden submits offshore debt restructuring plan to creditors
China’s Country Garden submitted the preliminary terms of an offshore debt restructuring proposal to some creditors late last month and lowered its...
Airbnb urges Barcelona to reconsider crackdown on tourism rentals
GLOBAL holiday home rental company Airbnb has urged Barcelona’s mayor to rethink a widening crackdown on short-term rentals, arguing that it only...
Asking prices for UK homes show big November dip but 2025 set for gains
Asking prices for British homes fell over the last month by more than is usual for the time of year, online property...
Seoul apartment prices drop for first time in nine months
Apartment prices in Seoul slipped for the first time in nine months, in the latest data supporting the Bank of Korea’s policy...
Beijing, Shanghai announce tax breaks to boost ailing property markets
BEIJING and Shanghai have announced tax breaks to spur home purchases as distress in the property sector continues to drag on growth...
The F&B sector’s woes could undermine the resilience of suburban malls
MANY Singapore residents shop online and overseas, including across the Causeway in Johor Bahru, Malaysia.
Singapore’s office market: A temporary pause or a prelude to a structural decline?
The Singapore office market performed well after the Covid-19 pandemic. According to CBRE Research, Core CBD (Grade A) office rents rose by...
Bringing quirky back: Strata commercial property’s unique place
In A real estate landscape that is as broad and diverse as Singapore, strata commercial properties have carved out a unique niche....
Wave of asset rejuvenation to come in Singapore industrial real estate
Despite a heightened interest rate environment and slower economic growth, the Singapore industrial property market continues to see healthy growth. Sentiment in...
Green leases: Enhancing asset sustainability and landlord-tenant ties
2030 is just around the corner. With this, a lot of companies, including both landlords and occupiers, are looking at the sustainability...
Buyers sweep up almost 1,500 new homes in 3 weekend launches; Emerald of Katong 99% sold
A STAGGERING 1,480 new condominium units flew off the market over the weekend, with Emerald of Katong, Nava Grove, and executive condo...
Canadian home sales post ‘October surprise’ as buyers flood back
CANADIAN home sales rose to their highest level in more than two years as a string of interest rate cuts by the...
Covid-19 was ‘the mother of all challenges’ for real estate industry: CDL’s Chia Ngiang Hong
THE Covid-19 pandemic was “the mother of all challenges”, but it also transformed the way business is done in the real estate...
From ‘cowboy’ times to cooling measures: real estate veteran Chia Ngiang Hong on Singapore’s market
THE real estate sector in Singapore has become “very orderly, transparent and very reliable” over the past 40 years, said industry veteran...
China Mobile in talks to buy Hong Kong tower seized from tycoon
CHINA Mobile Hong Kong is in talks to buy commercial property in Hong Kong once owned by struggling tycoon Chen Hongtian, according...
Iron ore slumps on China property concerns, firmer supply
IRON ore futures declined to their lowest level in nearly two months on Friday (Nov 15) and fell for the week, weighed...
Ong Beng Seng’s lawyers to make representations by Nov 29
THE lawyers of billionaire and property tycoon Ong Beng Seng will have to make representations on behalf of their client by Nov...
Why is it so expensive to build housing in New York?
When a lot of people compete for a small number of apartments, landlords often raise the rent; someone is almost always willing...
China’s home prices fall fastest in 9 years, but officials see signs of stabilisation
China’s new home prices fell the most year on year in October since 2015, but a narrowing monthly rate of declines suggested...