UK house prices rise by most since Feb 2023
British house prices rose at their fastest annual pace in almost two years in November, adding to signs of resilience in the...
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Property News
Los Angeles rental hits US$40,000 a month as fires roil housing market
Only about 5 per cent of the city’s apartments were vacant before the fires, with a median rent of US$2,299
New home sales shrink in December after November spike, but are 50% higher on year
Developers sell 203 new units, down 92% from November high, taking 2024 total to 6,560 units
Malaysian real estate getting a boost from chip and other high-growth sectors
Johor especially is set to appeal to global players on its ability to draw FDI and establish a data centre ecosystem
Roxy Square owners move to cut 11% off asking price to S$1.12 billion for collective sale
This follows their previous attempt last year, which closed with no bids
Far East Organization puts 14 units in Lucky Plaza up for sale for S$52.6 million
The offering comprises a basement food court spanning 3,046 square feet and seven retail units
China's property giant Country Garden posts US$24.3 billion loss for 2023
The company also said it had lost US$1.8 billion in the first half of 2024, according to interim results
Measured bids for Tengah housing plot, bullish play for Dairy Farm site as developers stay conservative
Hong Leong-led group pips two others with S$821 psf ppr bid for first Tengah private housing site; Dairy Farm Walk site draws...
Spain announces new measures to tackle housing crisis
New homes put on the market have trickled to around 90,000 per year as the country records 300,000 new households
These homes withstood the LA fires; architects explain why
Some of the fire-proofing decisions include a yard free of vegetation, fenced off by cast-in-place concrete garden walls, with landscaping in a...
'Not for the poor': Indonesians in capital face housing, commute woes
Jakarta is where Indonesia’s growing wealth gap is most evident
Country Garden’s property services arm expects annual earnings to fall
THE property services arm of Chinese builder Country Garden is expecting a drop of up to 1.1 billion yuan (S$205 million) in...
China Evergrande's unit receives liquidation order from Hong Kong court
The liquidators had filed a winding-up petition against company subsidiary CEG Holdings BVI in September
One Bernam developer slashes prices by up to 27%, sells 87 units in weekend promotion
Market watchers speculate that the project may be nearing its ABSD deadline, prompting the urgent clearance of unsold stock
Don’t spare asset-rich, cash-poor private homeowners from paying higher property taxes
If needed, property tax rises for elderly owner-occupiers can accrue as an amount payable
China developer that led the way on debt overhaul at risk again
Sunac cannot rule out a second offshore debt restructuring
UK home sellers made smallest profit in over a decade in 2024
UK HOME sellers made the lowest profit in more than a decade last year as high interest rates and a cost-of-living squeeze...
China’s Shimao drops 15% after developer receives liquidation petition
SHARES of China’s Shimao Group dropped 15 per cent to HK$0.73 on Monday, their lowest since Sept 26, after the property developer received a...
Dubai’s world-beating property rally shows signs of strain
The emirate will need to keep attracting new residents to fill the homes being built
Sunac can’t rule out second offshore debt overhaul
Defaulted property developer Sunac China Holdings said it can’t rule out a second offshore debt restructuring as a prolonged property crisis dims...
Chinese developers begin new year with deepening debt woes
Their financial deterioration comes despite Beijing’s efforts to stabilise the housing market
Japan’s NTT plans US$1 billion data centre Reit listing in Singapore; appoints BofA, UBS
JAPAN’S Nippon Telegraph & Telephone Corp (NTT) has appointed Bank of America and UBS to work on a US$1 billion data centre...
China Evergrande’s key unit ordered to liquidate by Hong Kong court
A KEY offshore unit of China Evergrande Group was ordered to wind up in Hong Kong, the latest legal win for liquidators...
Hong Kong housing analysts are predicting a market bottom this year
Oversupply of homes may limit growth in property prices
Developer Sunac China receives liquidation petition in Hong Kong
DEFAULTED builder Sunac China Holdings has received a liquidation petition in Hong Kong, according to the city’s judiciary website.
Country Garden proposes new restructuring terms with key banks
Developer aims to reduce debt by as much as US$11.6 billion
Ong Beng Seng acquires 150,000 more shares in Hotel Properties for S$537,000
The transaction increases his stake in the company – which he founded – to 60.22%
Epson puts Tuas building up for sale at S$55 million as it winds down Singapore plant
CBRE says the site offers ‘ample facilities for various industrial needs’
Irish home asking prices rise at highest rate since 2022: report
ASKING prices for Irish homes rose in the final quarter at the highest rate since June 2022, according to a report, as...
Australian rents are rising at the slowest pace in three years
AUSTRALIAN median rents rose 6.9 per cent in the three months to December from a year ago, the slowest pace since 2021,...
