Property News
Australia to tackle ‘unacceptable’ housing market
It wants to make it easier for people to gain a foothold in the housing market
Frasers eyes residential project on Yishun 10 cinema complex site; redevelopment proposal submitted
The proposal calls for rezoning of use from commercial to residential, with commercial space on the first floor
Upcoming EC projects that are exempt from new rules get a ‘bonus’, as buyers steer towards them: analysts
Scrapping of deferred payments could be a major blow to sales on sites sold in the future
UK builders hit by biggest surge in cost inflation in nearly four years: PMI
It is the second-largest rise since 1997, when the data series began
Executive condo prices may be dampened by new measures, but don’t expect a sharp fall
Strengthening the housing system helps boost social cohesion
New EC rules to cool prices: MOP doubled to curb flipping, no more deferred payments and more units for first-timers
Land bids, new launch sales expected to slow with first-timer priority raised to 90% of units, extended to 2 years
Brookfield bets on Dubai real estate, defying war concerns
Its JV with consumer giant Alshaya will develop a 480,000-square-foot mixed-use project in the upscale Dubai Hills neighbourhood
Airbnb boosts annual sales outlook while spending picks up
Company’s optimistic outlook suggests global travel demand will remain healthy
Prime Holland Plain site draws just one bid from Sim Lian at S$454 million or S$1,491 psf ppr
The lacklustre turnout is a far cry from that for an adjacent plot in 2025
Billionaire Duke of Westminster to sell £700 million of US real estate assets
Agents are being appointed to market those assets on a case-by-case basis
Wall Street dares to ask if China’s property turnaround is close
A steadier real estate industry is crucial to restoring household confidence
Chinese creditors pivot to Hong Kong courts to recoup property developer debts
The number of cases is rising as builders finish restructuring after a sector crisis
US new-home sales increase in March to fastest pace of year
At the same time, mortgage rates have climbed from a recent low at the end of February
Blue Owl data centre operator Stack considers US$30 billion sale of Asia operations: sources
The firm has been speaking with prospective advisers about a partial or full sale of the assets in Australia, Japan and Malaysia
Marina One office complex attracts CapitaLand, Hongkong Land: sources
The high price target has been an obstacle to a sale of the asset, which could also lure other suitors, possibly in...
Balestier Regency up for fourth en bloc sale bid at S$255 million
The price tag is about 17% higher than the second attempt in 2018 when it was launched for sale at S$218 million
Can a second home tax work in New York? The numbers don’t add up yet
The tax proposal is being held up as a generational attempt to make the ultrawealthy pay more to society
Hong Kong property shares rally as Morgan Stanley feeds optimism
The bank raises its estimate for home price growth 12% this year from 10%, and expects another 5% in 2027
Drop in HDB resale flat prices in Q1 no cause for panic among condo buyers
But mind weakening tailwind in upgrader demand if HDB resale market weakens
CICT’s Tan Choon Siang marks first year with billion-dollar deal streak
Acquisition of Paragon and divestment of Asia Square Tower 2 follow CapitaSpring deal and ION Orchard acquirement
