Property News
Blackstone scores rare premium in Boston office building sale
The investment firm has also offloaded certain office properties
Private property residents account for majority of households with 2 or more cars
But HDB households owning at least one car outnumber non-HDB households
Arab Street carpark site to make way for new SUSS and Islamic studies campuses
Analysts say the move will inject new life into the city centre through a more diverse use of land
Kingsford places top bid of S$918.3 million or S$1,326 psf ppr for first condo plot on former Keppel Club site
Plot draws just two other bids; big quantum seen to have kept some bidders away
New World, Vanke debt moves shake up China’s property sector
In Hong Kong, the commercial real estate continues to face challenges
Chick-fil-A, Chipotle, South Korea’s Lotteria join global F&B giants tapping Singapore consumers’ evolving taste
New openings come as China brands like Luckin, Chagee, Mixue consolidate, upgrade after breakneck expansion to over 400 outlets
Mah Bow Tan-led Therme Group unit wins STB tender, plans S$1 billion wellness attraction in Marina South
Singapore’s first dedicated wellness attraction is expected to draw up to two million visitors a year
China Vanke bonds plunge after state-owned backer tightens loan rules
The move signals a shift in Shenzhen Metro’s approach to financial support, becoming more stringent after a leadership change in October
New Zealand quarterly dwelling approvals near three-year high
The RBNZ has cut the Official Cash Rate by 300 basis points to 2.5% since starting its easing cycle in August last...
Stronger Singdollar makes ‘long Singapore property, short overseas property’ strategy compelling
Local currency strength can erode overseas property returns, while foreign purchases of Singapore real estate may gather momentum
New World Development launches up to US$1.9 billion debt exchange offer
The move comes as the company seeks to manage its capital structure in a challenging financing environment
Aravest, Wee Hur complete S$160 million purchase of former Hotel Miramar Singapore
Price works out to S$465,100 per room; property to be rebranded DoubleTree by Hilton after renovation
Australia home prices post fastest monthly gain in two years
The RBA has cut rates three times since February
Dealmaker Terry Wong takes helm of Colliers’ capital markets push with five-year growth plan
Former JLL senior director aims to boost Colliers’ visibility and competitiveness in Singapore
Sunway’s southern play: Founder Jeffrey Cheah eyes Johor for next phase of growth
With a gross development value of more than RM30 billion, Sunway City Iskandar Puteri is expected to be completed over the next...
Sunway to take ‘more active’ approach in Singapore property after MCL Land acquisition
The S$738.7 million deal marks the group’s biggest overseas investment and will anchor its regional growth strategy
China home sales slump deepens after easing in top cities
The value of new-home sales by the 100 largest property companies stands at 253 billion yuan
UK house prices rise in October, defying pre-budget nerves
The house price index increased by a monthly 0.3% after rising by 0.5% in September
From bedroom to boutique: Singapore’s blogshops come of age, but can they stay relevant?
Their next test will be whether they can turn early momentum into staying power, and style into substance
US-backed mortgage giant Fannie Mae cuts more than 62 jobs across departments
It says it must eliminate positions that are not core, or otherwise, to mortgages and new home sales
Trump-branded golf resort in Vietnam hits snag over land dispute
Project faces land recovery delays as residents contest amount of compensation offered by local authorities
US mortgage rates drop to 6.17%, lowest since early October 2024
This follows Fed’s widely anticipated quarter-point reduction; home sales are flat despite growing inventories
UK tax speculation to slow homebuilding into 2026, survey says
Chancellor of the Exchequer Rachel Reeves is widely expected to unveil a series of tax increases in the UK Budget
US pending home sales stall as labour market concerns build
Mortgage rates have shown signs of stabilising below 6.5%, and home prices are cooling
Potential buyer shortlisted amid strong interest for Cuscaden Peak’s The Clementi Mall
Entity linked to Zhao Zhichao of The Elegant Group said to be in exclusive due diligence at above the S$750 million guide...
Aman-branded residence at The Skywaters sells for record S$6,501 psf in October
Located in Shenton Way, the project will be the tallest building in Singapore when completed
Trust issues arise in mother and daughter’s fight over 26 Singapore properties
The disputed assets include units in Thomson View, Chuan Park, Golden Mile Complex and The Centrepoint
China’s property crisis to extend into 2026, threatens banks’ asset quality: Fitch
Stimulus has averted a hard landing in the sector, preventing new developer defaults
Britain forgot subsidised housing needs a subsidy
[LONDON] There’s no shortage of explanations for Britain’s affordable-housing emergency – overregulation, environmental worries, planning bottlenecks, labour shortfalls or a toxic combination...
Ohmyhome co-founder Rhonda Wong resigns as CEO at Nasdaq-listed proptech
Company says resignation not due to disagreements over operations or company policies