News and media releases
Property News
UK student homes taking longer to fill on weaker overseas demand
The post-pandemic surge in leasing caused by pent up demand “has proved to be temporary”
Office loan trouble signal problems ahead for a US$650 billion bond market
Higher interest rates, which caused borrowing costs to rise and values to fall, are driving the current problems
Vetting, contracts, warranty: HomeMatch introduces safeguards for homeowners
The platform aims to address industry issues such as project delays, poor workmanship and prepayment losses
Rise in landed housing construction disputes – and a new fix
Such disagreements make up 40% of cases at the Singapore Mediation Centre, and often involve issues over workmanship or unclear contracts
China Vanke’s quarterly loss widens to 6.25 billion yuan after overhaul
The developer also plans to sell some treasury shares to replenish liquidity
Kheng Leong launches ultra-luxury project 21 Anderson with prices from S$10 million
Two four-bedroom units sold so far for over S$20 million each, in 18-unit freehold project
No bids received for private housing site in one-north at URA tender
Lacklustre sales this month for nearby project, US tariffs conundrum and site’s location are among factors cited by analysts
Evergrande chair refuses to disclose assets, liquidators say
Tuesday’s hearing is part of a legal battle waged by the liquidators to outline and potentially claw back scraps from one of...
Hwa Hong, Wing Tai, Teo family consortium launches bid to take Amara private at S$0.895 a share
It values the hotel group at S$514.6 million
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
Delayed effects of high rates in 2023 and 2024 have increased listings of distressed assets, as buying sentiment improves
Hong Kong home prices fall for a fourth month in March
[HONG KONG] Hong Kong’s home prices slipped for a fourth month in March, government figures showed on Monday (Apr 28), as the...
If OCBC wants to keep Chulia Street properties, it should partner a property group to redevelop them
Go forth to create economic value and great work spaces
S$16 million deal at Leedon Residence tops Q1 gains with seller reaping S$4 million profit
Share of loss-making resale transactions inch down on resilient demand and strong household balance sheets
China Square Food Centre set to be redeveloped into hotel; more homes to be built in the CBD, Kallang and River Valley
[SINGAPORE] A site along Cross Street in the Central Business District has been earmarked for redevelopment for residential use, according to the...
London gets a taste of New York’s cut-throat real estate culture
Sotheby’s agents earn a net fee of 20% on each deal, and once they hit £500,000 worth of fees in a year,...
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, launch share buyback programme
The sum of HK$6.3 billion will be paid over time as individual floors are transferred to the exchange
Rise in private home prices eases in Q1, up 0.8% as market finds new equilibrium
Price growth moderates from 2.3% increase in previous quarter, even as brisk home buying continues
HDB Q1 resale price growth slows to 1.6% on higher housing supply
Transaction volume of resale flats rises 2.6% in the quarter, to 6,590 units
Office rents in Singapore’s central region up 0.3% qoq in Q1 2025: URA
Islandwide office vacancy at 11.7% as at end-Q1, up from 10.6% as at end-Q4
US existing home sales fall more than expected in March
[WASHINGTON] US existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely...
Ong Beng Seng’s next court date fixed for Jun 10
He steps down as managing director of HPL at the close of the group’s AGM on Apr 29
Companies are renting bigger London offices, undoing Covid cuts
It is the first time vacancies have fallen since the first quarter of 2020 when the rate was 4.6 per cent, CoStar’s...
Teo Hock Seng’s Good-Class Bungalow in Old Holland Road sold by private treaty
The 23,148 square foot site has been sold at an undisclosed price
Tepid Q1 shophouse sales, but market remains resilient amid volatility: PropNex
Shophouse sales fall to 19 caveated deals in Q1, from 24 in the last quarter
US new home sales jump in March; supply still rising
[WASHINGTON] Sales of new US single-family homes increased more than expected in March as buyers rushed to take advantage of a decline...
Fireworks at CDL AGM, but shareholders vote strongly in favour of all resolutions
These include the re-election of numerous independent directors as well as a share purchase mandate
Grade-A office rents to stay flat in 2025: Savills Singapore
But super-premier buildings are likely to outperform amid the upheaval from the US trade tariffs, says the consultancy