Property News
78 Shenton Way could soon change hands; Allgreen tipped as prospective buyer
The PGIM-managed fund that owns the property is seen exiting at a loss
Cuppage Terrace, next to The Centrepoint, up for sale with S$250 million valuation
A developer can potentially acquire and redevelop both properties, which are next to each other
Will FCT’s Causeway Point reel from the opening of the Johor Bahru-Singapore RTS Link?
Busy Singapore residents who value convenience will continue to support strong suburban malls here
China’s December new home prices fall again; annual decline steepest in five months
[BEIJING] China’s new home prices extended their decline in December, official data showed on Monday, underscoring persistent strains in the property sector...
UK homes asking prices show record rise for time of year: Rightmove
[LONDON] Asking prices for British homes rose by the most on record for the Christmas and New Year period after a fall...
CapitaLand eyes Gulf region’s ‘deep, liquid pools of capital’, investments in logistics, hospitality
Real asset manager intends to grow its presence and engage investors in the region, as the oil-producing nations reinvent themselves
Coastal Cabana EC project sells over 66% of units at average of S$1,734 psf on launch weekend
Figure falls within the S$1,700 to S$1,800 psf range that market watchers earlier expected
China lowers downpayment ratio for commercial property to 30%
[BEIJING] The People’s Bank of China (PBOC) has lowered the minimum downpayment ratio for commercial property purchases to 30 per cent, the...
Trump’s 401(k) housing plan risks Americans’ retirement security
Some financial planners see an upside to providing more flexibility to would-be homebuyers
JPMorgan’s cut-price suburban Paris office sale collapses again
Talks to sell the Magnetik building for about half its initial asking price are no longer progressing: sources
Thai builder seeks debt relief after two deadly crane accidents
Italian-Thai Development is grappling with a liquidity crunch that has forced it to offload its overseas investments
China Vanke bonds extend rally on sweetened extension proposals
The company is also preparing a broader restructuring plan, which still needs Beijing’s approval
Higher occupancy cap for HDB, private home rentals extended until end-2028 to meet strong demand
The need for further extensions beyond 2028 will be reviewed by the relevant authorities
US mortgages at 6% pose critical test for frozen housing market
Loan costs are a key target of US President Donald Trump’s proposals to make housing more affordable
Indonesian tycoon Sukanto Tanoto’s eldest son buying Singapore retail assets: sources
Private vehicle linked to Andre Tanoto said to have picked up Lian Beng’s four big HDB units, is in due diligence for...
Co-living operator The Assembly Place launches Catalist IPO at S$0.23 a share
The company will have an estimated market capitalisation of about S$88.1 million post-listing
Chinese builder Jingrui ordered to liquidate by Hong Kong court
The liquidation order underscores the perils developers continue to face as China remains mired in a deep property slump
UK housing market is turning a corner after Budget, agents say
Rics’ reading indicates that more agents forecast an increase than a decline over the next three months
Manhattan rents hover near highs in sign of affordability crunch
New York’s rental market tends to cool around the winter holidays
New home sales in December shrink amid holiday lull, as full-year tally for 2025 hits new high since 2021
A total of 10,821 new units (excluding ECs) were sold for the whole of last year, a 67.3% increase from 2024
UK surveyors turn more upbeat about housing market outlook
[LONDON] Britain’s housing market showed some signs of turning a corner last month as uncertainty about finance minister Rachel Reeves’ tax plans...
US home resales climb to strongest pace since 2023
At the current sales pace, the supply is equal to 3.3 months’ supply
CICT to develop, own commercial component of mixed-use Hougang Central site
The trust gains an ‘attractive entry yield’ with an expected yield on cost of more than 5%
CDL to launch freehold Newport Residences with prices upward of S$3,012 psf
One-bedroom units at the 246-unit CBD project are priced from just under S$1.3 million for the long-delayed project
Singapore real estate pay gains beat US, Europe with 14% jump: report
Switching employers nets a 32% salary hike in the city-state, compared with 7% for those who stay put
New Zealand home-building costs picked up in fourth quarter
Construction costs rose 0.9% from the third quarter, when they gained 0.4%
Sales of new US homes hold close to fastest pace since 2023
Builders are drawing anxious customers with price cuts and incentives
London apartments are cheap – for a reason
[LONDON] London property prices have fallen 15 per cent in real terms over the past decade, with apartments 22 per cent cheaper and one...
Property players call for lower ABSD on foreign buyers, review of EC income and loan caps
Other proposals floated include further tweaks to developers’ sales deadlines, lower consent threshold for en bloc sales
Low Keng Huat shares jump 5.4% on increased privatisation offer price
The counter climbs S$0.035 to S$0.775 as at the mid-day trading break
Second Woodlands EC site sets record with top bid of S$794 psf ppr from Sim Lian
The offer is 1.5% higher than the previous EC benchmark of S$782 psf ppr for a nearby site last August
Wall Street homebuyers plan counter-offer after Trump threat
Trump administration would restrict future purchases without forcing companies to divest their current holdings
Frasers Property gaining full ownership of The Centrepoint rear block not a sure thing
The dynamic could change if the owner of Cuppage Terrace puts his asset up for sale soon, too
Why the renovation of Federal Reserve headquarters costs US$2.5 billion
The most challenging parts of the renovation are underground
China Vanke asks to extend bond grace period again, adds collateral
The company is also preparing a broader restructuring plan