Property News
SMBC asset management arm, Aravest get US$165 million for Apac real estate credit
The strategy spans the asset life cycle, including construction, bridge and stabilised stages
US mortgage rates jump further to five-month high of 6.43%
Higher borrowing costs represent a headwind for the long-suffering housing market
Pek Chuan Building back on the market at same guide price of S$80 million
This is owners’ second attempt to sell the four-storey commercial building
Standard Chartered to sell and lease back two Changi Business Park properties for S$183 million
Lender says move is part of strategy to drive further growth in Singapore, its second-largest market
Soon Hock buys industrial property Kewalram House for S$120.5 million
The purchase price for the Business 1-zoned site translates to about S$440 psf ppr
Vingroup’s hospitality arm seeks US$300 million in private debt
Vinpearl’s fundraising comes as private credit markets in the US reel from a series of high-profile setbacks
Six Dubai real estate bonds fall into distress as war rolls on
They represent about 15% of US dollar real estate bonds in the Middle East
Tokyo’s resale condo price gains stalling as policies drag on demand
Takaichi’s government has begun considering regulations on real estate acquisition by foreigners
Would a subsidy clawback of 20% or more for top HDB BTO projects be excessive?
A Pearl’s Hill BTO flat may not be a slam dunk with tighter restrictions in place for Prime flats
Fannie Mae, Freddie Mac place large bids for mortgage-backed securities
The two US companies, under federal conservatorship since 2008, once held a combined worth of US$1.5 trillion
Rivelle Tampines EC sells over 90% of units at average price of S$1,893 psf at launch
Demand comes from a mix of buyers, including a ‘notable proportion’ of young professionals and public housing upgraders
Singapore worker dorm rents could rise 5% in 2026 after a H2 2025 dip, as mandated upgrades roll out
Post-upgrades, rents may be raised to reflect the higher quality and costs of maintaining the facilities
Dubai property sector shows early signs of weakness
Some properties are already being offered at big discounts
Watch maven Tay Liam Wee sells Nassim GCB plot for S$92 million or S$3,846 psf
The 23,922-sq-ft vacant site is being sold by former Sincere Watch boss to founder of medical aesthetics clinic chain V Medical
Fannie and Freddie shares tank as doubt swirls about Trump plans
This comes after a 2025 public offering for the agencies did not materialise
NTT Global Data Centers plans to double capacity in AI boom
It sees increasing demand from companies moving more of their software and operations to the cloud
