News and media releases
Property News
London home prices cut to lure tax-hit buyers: Rightmove
The picture is similar in the South West and the South East, which registered the largest monthly price drops in the UK
Asking prices for UK homes show biggest June fall since 2011: Rightmove
[LONDON] Asking prices for homes put up for sale in Britain have fallen by the most in 14 years for the time...
New World sells 138 Hong Kong homes at discount within hours
[HONG KONG] New World Development and its partners sold 138 apartments in a few hours at a new project after pricing the...
Newton, Tanjong Rhu, Dover and Bedok plots among 11 new housing sites unveiled for sale; two EC parcels also on offer
Plot along Bukit Timah Road expected to be hotly contested; executive condo supply now stands at 1,970 units
Return-to-office mandates fuel hopes of London property market revival
The trend is reflected in falling vacancy rates and record office rents in prime locations such as central London
Millions of acres of public land sales slated for US tax Bill
Around 1.2 million hectares of land owned by the Bureau of Land Management and the US Forest Service would be mandated for...
New York real estate industry appeals broker-fee case ruling
[NEW YORK] Real estate groups are challenging a ruling by a federal judge that allowed New York City to begin enforcing a...
Homeowners battle insurers over US$2.9 trillion climate risk
[PARIS] When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris, he...
MND to release land on confirmed list for 4,725 private housing units in H2 2025, down 6% from 5,030 units in H1
However, it ups supply on the reserve list by 29% to 4,475 units to allow developers to initiate development if they assess...
New World bondholders want more disclosure on financing plans
The distressed Hong Kong builder has less than 3 weeks to complete an HK$87.5b loan refinancing deal before a covenant waiver expires...
Last call: Holland Village mainstay Wala Wala seeks to exit lease, plans to close
Restaurant-bar has been operating in the red for four years as sales slumped with changing preferences, rising business costs
Manhattan renters already paying record prices face more hikes
The median rent on new leases signed in May was US$4,571
Oversupply from China to further tamp down Singapore construction material prices in Q2
Steel rebar prices expected to fall 13% in Q2, but new tariffs may disrupt global supply chains in the near term, says...
Apac data centre boom straining power grids; reliability key to site selection: report
Construction industry is expected to stay resilient, driven by industrial expansion and government spending, though trade and geopolitical tensions may curtail growth
UK surveyors report weakest house price growth in nearly a year: RICS survey
[LONDON] Britain’s housing market lost more steam last month as demand faded from buyers after an increase in property transaction taxes in...
Tariff tensions cloud global property outlook, but Apac a bright spot amid uncertainty
The region is underpinned by long-term demographic and structural trends
Singapore retail vacancy creeping up with more tenants looking to exit
Tenant churn expected to increase as retailers face ongoing cost pressures
Irish government eases rent cap to boost home supply
The plan is to lure more apartment investors to the market
Fitch warns of rising mortgage-bond risk due to extreme weather
Fitch is now in the process of integrating physical climate risks into credit assessments
Consortium’s privatisation offer for Amara closes with 97.74% valid acceptances
The offeror, a consortium led by Hwa Hong, will compulsorily acquire all remaining shares and delist the company
United House relaunched for sale at S$166 million
Meanwhile, the tender for Upper Serangoon Shopping Centre is extended by three months to Sep 9
Ong Beng Seng to plead guilty on Jul 3, in case involving former minister Iswaran
He faces one charge of abetting offences under Section 165 of the Penal Code, and one charge of abetting the obstruction of...
All the wrong moves for British homeowners
The law of unintended regulatory, fiscal and monetary consequences has stopped investment in its tracks
Singapore and Johor Regent swop prime Holland Road land plots as royal family eyes development
State land plot transferred to Regent with freehold tenure, in land swop agreed so that planned development will be less disruptive to...
China taps pool of funds worth 10.9 trillion yuan to prop up housing market
[BEIJING] China is tapping an often overlooked pool of funds worth 10.9 trillion yuan (S$1.92 trillion) to salvage its housing sector, offering...
Is Ho Bee Land privatisation back on cards with founder Chua Thian Poh raising stake?
He raises his stake in the tightly held company to around 75.68%, from 75.66%
Banks want staff back at the office. There aren’t enough desks
Supply shortages are limiting what space is available, further complicating the return to office
CDL’s high debt and interest costs continue to weigh on stock despite South Beach sale
Gearing aside, the developer’s other financial ratios offer upsides, says analyst
Crown close to A$80 million sale of Sydney penthouse: report
A local buyer is said to be about to secure the six-bedroom apartment on the 81st floor of the 271-metre-tall One Barangaroo...
Will deglobalisation and business uncertainty hurt buying power in Good Class Bungalow properties?
Much uncertainty surrounds how negotiations between the US and various trading partners will unfold