China property flare-ups resurface as crisis enters fifth year
There is little indication that distressed developers are finding it easier to repay debt as a slump in home sales continues
Market News
US existing-home sales rise as buyers accept high mortgage rates
Momentum is building, consumers are getting more comfortable with current rate levels and job creation is strong
LVMH buys a 50 million euro villa in Cannes for brand events
FRENCH luxury group LVMH has acquired a historic villa in Cannes, France, for around 50 million euros (S$70.7 million), to showcase its...
China banks raise mortgage rates for the first time since 2021
CHINESE banks raised new mortgage costs for the first time in three years, as narrowing margins are dragged down by a persistent...
Singapore’s residential rents climb in November against seasonal volume decline: SRX, 99.co
Public housing rents for the month rise 0.4% from the previous month’s levels
Chinese students give boost to Hong Kong commercial property
HONG Kong’s flailing commercial property market is getting a lift from the education sector as the number of Chinese students surges in...
‘Tis the season for musical chairs as city office landlords get new tenants while others vacate
UOB Kay Hian to relocate to UE Square, space at South Beach Tower vacated by Meta is steadily backfilled, IOI Central Boulevard...
Market watchers see value in branded residences in Singapore despite slow take-off
The rising number of high-net-worth individuals and their desire for elevated lifestyles bode well for the segment
Big investors such as Warburg Pincus, Reits by CapitaLand and Keppel lead action in Singapore commercial real estate
Data centres are the top pick for local investors in 2025
JustCo eyes expanding to 6 new markets in Asia, Middle East over next 2 to 3 years
Co-working operator also hopes to move towards a management contract model
One in 5 properties in England now at risk of flooding
The figure is a 15% increase from 2018
Iconic Beijing mall put up for sale by real estate firm Parkview: sources
The potential sale comes amid China’s prolonged real estate slump and sluggish consumer spending
Real estate leaders sue to stop New York City’s overhaul of broker fees
The new rules prevent renters from being forced to pay broker fees that can cost thousands of dollars
More property cooling measures? Locals buying their first homes could be hit
Don’t rule out locals paying 5 per cent ABSD for transactions over S$1 million
Hong Kong Urban Renewal Authority to sign US$1.7 billion loan
The quasi-government entity, which redevelops projects in the city’s older neighbourhoods, could sign the loan as early as this week
Singapore’s new home sales more than treble in November as six projects hit the market
This marks the highest sales figure in over a decade, with 2,557 private homes sold
China’s new home prices fall at slowest pace in 17 months in November
CHINA’S new home prices fell at the slowest pace in 17 months, official data showed on Monday, as the government scaled up...
UK property asking prices fall, headwinds remain for 2025: Rightmove
AVERAGE asking prices for newly listed houses and apartments in Britain fell by 1.7 per cent in December, but activity was robust...
HDB starts work on flats not announced for sale yet in Clementi, Toa Payoh and Bukit Merah
HUNDREDS of new Housing Board Build-To-Order (BTO) flats that have yet to be announced for sale are being built in Clementi, Toa...
China’s housing regulator sees stabilisation signs: report
CHINA’S housing regulator is seeing signs of stabilisation and improved sentiment in the real estate market as a result of government stimulus...
The changing landscape of petrol stations in Singapore: What lies ahead?
Some 2 million sq ft of land could potentially be primed for repurposing