Property News
Paragon’s journey from car showroom to S$3.9 billion jewel
BT traces the rich history of the iconic Orchard Road mall
Frasers Centrepoint Trust in talks to sell White Sands mall for over S$470 million
Local private equity firm TE Capital is said to be the prospective buyer
Top Philippine homebuilder Ayala Land pauses luxury tower on war fallout
The builder is cutting its launches of premium and core residential projects by half
S$3.9 billion Paragon acquisition seals CICT’s dominance in downtown retail, adds medical exposure
Deal, to be partly funded by S$2.5 billion divestment of Asia Square Tower 2 to IOI, seen as ‘tactical swop’; may yield...
Reckless housing land bids? Developers’ faith in Singapore government can pay off
The Middle East war may hurt demand and raise costs, but authorities have led the nation through crises before
New York mayor says second-home levy plan is key step to tax the rich
The state’s governor Kathy Hochul has said the tax would cover about 13,000 properties
Centurion enters new key worker segment with A$45 million Australian buy
It provides stay options for essential workers
Adani’s North Mumbai project to cost US$11 billion: official
The 143-acre development will entail building homes for thousands of existing residents and businesses
Loyang Valley sold for S$880 million to SingHaiyi-led consortium
The deal puts the development among Singapore’s largest residential en bloc sales since 2007
Nassim Road bungalow changing hands for S$64.9 million
The buyer is understood to be Shiv Puri, an entrepreneur who started his own fund TVF
New World’s once-hot luxury development returns at a cut price
Some of the larger, premium apartments are being offered via tender, a method that can help fetch higher prices
US mortgage rates drop for second week to 6.3%, Freddie Mac says
The housing market has been rattled by the war in Iran
Australia’s housing crisis set to worsen on Iran war fallout
Surge in oil prices leading to cost spikes of as much as 40% for some materials in the building sector
Power price hikes held at bay with Singapore landlords, hotel operators buffered by locked-in rates
Even as energy costs soar amid the Middle East war, real estate asset owners say the impact will be limited
Singapore developers deepen long-term bet on Vietnam
Key drivers include its young and more well-educated workforce, as well as a growing middle class
China home price drop slows for second month as pressure eases
Supportive measures for the property market have trickled out across cities in recent months
Evergrande liquidators pick state-owned tourism company for exclusive sale talks
More investors may join Guangdong Provincial Tourism if an agreement for the sale is reached, sources say
China’s data centres are plugging into Reit-style financing wave
The niche funding tool – known as holding-type real asset-backed securities – has seen rapid uptake since it was introduced less than...
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
New home sales are more than five times February’s figure, and up 78.3% year on year
China Evergrande’s billionaire boss falls from circles of power to fraud plea
His plea draws a line under the collapse of an empire that thrust China’s property sector into the glare of global investors
Hoi Hup Realty tops 3 bids for Yishun EC site with S$340.9 million or S$732 psf ppr bid
Developers expected to maintain more selective bidding approach as supply pipeline builds
Wealthy Middle East residents are house-hunting in Europe to escape war
Investors who might have ploughed money into the most popular Gulf property markets are also examining alternatives
Luxury condo deals climb in Q1 despite uncertainty from Middle East crisis: report
Buyers may see such properties as ‘long-term secure assets’ amid geopolitical instability, says Realion
SingHaiyi’s Vela Bay condo in Bayshore opens for sale, with prices starting at ‘above S$1.2 million’
The 515-unit project’s public preview has drawn nearly 8,000 visitors
China Evergrande founder pleads guilty to fraud in Shenzhen court
Hui and the company also face charges of illegally extending loans, fraudulently issuing securities and bribery by units
US housing shortage is at least 10 million homes: White House
The interest rate on a 30-year fixed mortgage is currently 6.37%, according to Freddie
