Property News
Wee Hur shares up 3.4% after property arm named top bidder of Upper Thomson condo site
The bid amounts to a land price of S$1,061.56 per square foot per plot ratio
Singapore private home prices up 0.9% in Q3, less than earlier estimated
Overall sales volume surges 44%, with 7,404 units transacted
Rents rise 2.5% in Q3 for higher-grade office space, but stay put for rest of Singapore market
Steady demand for prime space is being supported by flight to quality and easing interest rates
HDB resale price growth eases to 0.4% in Q3, slowest in 5 years
Analysts say prices appear to be stabilising and could consolidate further in Q4
Billionaire who built 79,000 homes splits opinion in Australia
As prices have surged, officials have come under increasing pressure to act
US mortgage rates drop to lowest level in more than a year
Falling rates have given house hunters more buying power, but demand has been constrained by affordability challenges
Wee Hur tops 5 bids with S$613.9 million or S$1,062 psf ppr offer for Upper Thomson condo site
Interest in the tender follows strong take-up at Springleaf Residence being built next door
South Korea property rally builds, keeping central bank on guard
The Bank of Korea has lowered rates four times since October 2024
Singapore industrial rents up 2.3% yoy, inch up 0.5% qoq in Q3: JTC
Industrial prices rise 5.7% year on year and 0.6% from previous quarter
Inside China’s housing crisis: The shadow industry ‘saving’ homes from default
The true remedy lies in reviving the economy, restoring jobs, and achieving stability in the real estate market
Oxley’s Chings, LHN, KSH, Soon Hock form joint venture for S$351 million industrial property
The Thomson Gem JV will buy NTUC Fairprice Co-operative’s 680 Upper Thomson Road freehold site
Flats in Bukit Merah’s two Prime projects top demand in October BTO sales exercise
In the February 2026 sales exercise, HDB plans to launch about 4,600 BTO flats across Bukit Merah, Sembawang, Tampines and Toa Payoh
More than 3 in 5 Singaporeans prefer to invest in property over stocks and bonds: survey
Young adults in the Republic, however, face obstacles such as affordability issues, rising interest and borrowing rates, and high property taxes
London house prices fall for the first time in more than a year
UK property market slows on fears of tax hikes in next month’s budget
Dubai family with US$10 billion fortune pivots to luxury property
The Al Ghurair group controls vast property portfolio across homes and commercial sites
Loss-making private home resale deals inch up in Q3 amid economic uncertainty
The biggest loser of the quarter is a 2,379 sq ft unit in Marina Bay Residences, which was sold at a S$3.2...
Debt fund defaults in UK real estate soar past 20%: survey
Banks have also dealt with their defaulted loan books by reducing them between 10% and 20% through refinancing and increased loan syndication
New JPMorgan skyscraper underlines Manhattan office comeback
[NEW YORK] JPMorgan Chase officially inaugurated its new Manhattan tower on Tuesday, a 60-story skyscraper that also marks a kind of comeback...
UK construction plummets to 11-year low as rising costs bite
Building activity across office, retail and industrial sectors are down 21% to 63m sq ft at the end of Q3 from the...
Crown Estate unveils US$6 billion Oxford science park project in the UK
The site could feature as much as 4.5 million square feet of office, laboratory and advanced manufacturing space and as many as...
Hot sales at new condo launches can be too much of a good thing for developers
Increasing risks include fierce bidding for land and government action
China home prices drop faster even as top cities ease rules
CHINA’S home prices fell more steeply in September, despite recent easing measures introduced by major cities to revive the struggling property market.
South Korea’s property curbs are set to drive up shorter bonds
[SEOUL] South Korea’s shorter-maturity government bonds are expected to get a boost as the latest round of measures from local authorities to...
Penrith sells 97% of project at average S$2,800 psf; Faber Residence moves 86% at average S$2,160 psf
Queenstown and Clementi projects ring up firm sales after near sell-out of Holland Village condo last week
Hao Mart proposes settlement to Taste Orchard tenants, asks for details of unamortised unit fit-out costs
They will also have their security deposits refunded, and have been asked to provide estimated reinstatement amounts, with waivers subject to assessment
