Property News
Royal Group and Sunset Hospitality abandon plans to open Casa Mett hotel off Orchard Road
The hotel’s new operator is to be announced, and its opening has been targeted for Q2 2027
China’s Huafa gains ‘full support’ of local government amid bond selloff
The firm failed to repay two maturing trust products and was seeking extensions on some bank loans
US mortgage rates retreat for third week while holding above 7%
But lower purchase activity shows borrowing costs still prohibitively high for prospective buyers
Indonesian party in exclusive due diligence to buy Income Centre for over S$265 million
Price translates to roughly S$3,617 psf on net lettable area of 73,271 sq ft
Dubai property developer Emaar offers to buy out construction arm at US$16.3 billion value
Owning 100% of its main cash generator makes strategic sense, analysts say
Millionaire magnet Cape Town faces short supply of luxury homes
Property prices in the picturesque coastal city get ‘uncomfortably high’ amid rising competition
CapitaLand Investment 9M revenue dips 3% to S$1.5 billion despite growth in fee-related business
It is targeting the listing of its second China commercial Reit by end-2026
Boustead Projects eyes larger overseas revenue share with Malaysia, Vietnam expansion
It wants 25% to 33% of sales to come from abroad within five years
Hong Kong’s Link Reit in talks to acquire around 50% stake in Income Insurance’s Eastpoint Mall
The mall sits on a site with a 99-year leasehold tenure that started in 1993, leaving about 66 years on its lease
Westpac CEO says buyers waiting for lower prices as housing downturn deepens
The bank forecasts a 10.9% decline in house prices in the year to March 2027
LHN to scale up senior-living business with standalone facilities
It has tendered for sites, aims to launch its first 100-plus-room facility within two years
US property titan Hines targets Europe’s wealthy with new fund
It joins a host of private capital managers looking to tap the continent’s rich
Keppel South Central: Deals juiced up with income support need not be bad ones
Fundamentals matter in Keppel Reit’s proposed purchase of stake in CBD building at S$626 million
Australian home prices fall for seventh month
The heightened risk of another imminent rate hike adds to more pain
Thomson Reserve sells 90% of units at average of S$2,900 psf over launch weekend
Majority of buyers are Singaporeans purchasing for their own stay and investment
1 in 5 prime-region private home resale deals made at a loss in Q3
Share of such transactions edges up to 4.6% islandwide, highest in four years; ECs post biggest percentage gains
Asset light or asset heavy? It need not be ‘either or’, says GuocoLand CEO
The group is open to divesting assets, but there must be attractive opportunities to redeploy funds
Daiwa House Logistics Trust proposes to divest DPL Sendai Port, buy Hiroshima facility
The acquisition consideration for DPL Hiroshima Itsukaichi Port stands at some 8.2 billion yen
Lendlease Global Reit’s Q1 committed portfolio occupancy dips to 94.4% amid PLQ Mall works
Its retail portfolio has had a positive rental reversion of 10%
Blackstone said to plan US$1.9 billion Tokyo office sale
It is negotiating with a fund set up by a real estate asset management firm under Daiwa Securities Group, say sources
Temasek’s Mapletree Investments headed for SGX IPO in 2027: sources
The group is said to have begun appointing bankers and legal advisers for the listing
PAG to buy 51% stake in Evergrande Property Services for US$509.8 million
The deal remains subject to Chinese antitrust approval, among other conditions
China remains MPACT’s ‘biggest pain’ as divestment hurdles persist
Manager looks to extract further value from its Singapore properties, with two VivoCity upgrades planned
Rise of student hostels helps add fuel to Hong Kong property boom
Analysts project a housing shortfall for as many as close to 150,000 students by 2030
