‘Take the money and run’: Sydney sellers cut prices as rates, tax changes crack Australia’s housing boom
Australian government under increasing pressure to tackle housing affordability
Property News
Marina Square mall to close after March 2027 for major revamp
The site will expand its overall gross floor area to about 362,493 sq m, says SingLand
Mapletree Industrial Trust says ‘no certainty’ of any deal, after report on potential US data centre divestment
The trust was reported to have put 22 data centres in 15 US states on the market
Frasers Property acquires Cuppage Terrace in Orchard Road area for S$175 million
The asset is located next to The Centrepoint, Frasers’ flagship property on Orchard Road
Australia's home prices extend declines in August as downturn deepens
Sydney and Melbourne again led the monthly decline with falls of 1.4% and 1.1%
Land betterment charges to rise by 3.4% on average for non-landed residential, 3.5% for landed residential uses
On average, LBC rates are up by 3.9% for industrial, 1.7% for commercial and 2.9% for place of worship/civic and community institution...
Hoi Hup Realty acquires Four Points by Sheraton Sydney for US$144.6 million
The transaction highlights the ongoing strength of the Sydney hotel investment market, says JLL
China’s property stocks fall as new rules upend presale funding playbook
State-backed developers are among the biggest losers
Gilstead Court takes fourth stab at en bloc sale with S$198 million reserve price
Recent state tenders in the area have received firm interest from developers
Developing Gillman Barracks and Sunset Way: Don’t mourn losing some green spaces
Singapore has to constantly transform to meet evolving ‘live, work and play’ needs
Frasers Property shareholders approve S$2.1 billion hospitality portfolio revamp
The transaction is expected to be completed by end-FY2026
As AI money floods the market, San Francisco renters weigh buyouts
Landlords are offering renters in rent-controlled apartments tens of thousands of dollars to leave their homes. For many, it’s not enough
China ramps up credit support in overhaul of property market
The country’s new home prices continued to fall in July
China to reform home sales system to curb delivery risks
[BEIJING] China on Friday (Aug 28) issued guidelines for local governments to reform their housing sales system, requiring a shift towards the...
Sunway MCL steps up Singapore residential game, on lookout for landbank
Since acquiring MCL Land in 2025, Sunway has picked up two sites in the Republic, aims to secure ‘a few land parcels...
China Vanke posts US$2.2 billion loss as debt pressure mounts
The total brings the distressed developer’s combined losses since 2024 to 153 billion yuan
Japan regulator steps up scrutiny of 50-year home loans
It is reportedly concerned about the repayment risks if interest rates rise or the incomes of younger borrowers fall
Top Sydney builder’s US$2.3 billion debt woes hit private credit
The company is looking to raise fresh capital from lenders, including existing creditors: source
US mortgage rates rise slightly to 6.66%: Freddie Mac
They have remained above 6.5% since July; financing costs show little sign of retreating
China pullback leads drop in Thailand’s foreign condo demand
Chinese buyers, traditionally the largest foreign purchasers of Thai condos, cut spending by 27.7%
Hong Kong home prices dip, snap longest growth run since 2018
The slight dip follows June’s revised monthly gain of 0.2%
Inside Evergrande’s unfinished fairytale ‘castle’ and the long shadow of China’s property boom gone bust
The crumbling facades of Evergrande Cultural Tourism City point to the property crisis weighing on the world’s second-largest economy
Australian bank investors brace for tough times as mortgage demand plummets
The so-called ‘Big Four’ lenders each report double-digit falls in home-loan applications
Hong Kong’s 2026 luxury rents to rise 5% on expat wave: JLL
The forecast gain would mark an acceleration in luxury rental values at a time when broader property sales remain under pressure
New US single-family home sales slide in July
Steep borrowing costs are a key factor keeping housing in a deep downward state; consumer confidence dips in August to a seven-month...
Nasdaq-listed Ohmyhome shareholders approve 50-to-1 share consolidation as troubled firm faces delisting
The exercise comes weeks after company issued shares to an ‘accredited investor’ to raise about US$3.63 million
New Woodlands Gateway industrial hub takes shape as RTS Link nears completion
Taiwanese tech group FIC Global to open facility at Woodlands node while retaining manufacturing in Johor in ‘twinning’ model analysts expect more...
Deal brewing for portfolio of 50 conservation shophouses at about S$500 million
8M Real Estate is said to be in talks to buy the properties, which are in areas such as Duxton and Tras...