Property News
US pending home sales slump in June amid affordability challenges
The pending home sales index tumbled 5.4% last month to 72.5
US homebuilder sentiment slips again to match year’s low
An index of overall market condition has remained below 40 for 15 straight months
Property developers need targeted approach to tap family office capital: PwC
Private wealth is drawn to Singapore’s stability, though the Republic is too small to keep it all
Burnham warned of financial stability risk from a quick land tax
Britain’s fiscal position remains tight
Frasers Property-led consortium outbids two others with S$2.13 billion offer for Bayshore Drive mixed-use site
Top bid for 99-year leasehold plot works out to about S$1,323 psf ppr
People’s Park Centre guns for third collective sale at lower S$1.48 billion guide price
People’s Park Centre will launch for public tender on July 16
HDB lapses saw flats allocated, housing grants given to ineligible applicants: AGO report
Lapses include housing grants given to people who were ineligible for them
New private home sales slow in June as launches dry up amid school-holiday lull
Developers sell 156 units with no new launches in the month
China new home prices decline at slower pace in June amid improvement in key cities
New home prices drop 0.1% month on month, easing from a 0.2% fall in May
Brookfield eyes further Singapore acquisitions after investing close to S$900 million
It is targeting value-add opportunities to generate higher returns through repositioning and active asset management
Bright prospects for Singapore tourism, but hotel players will need to fight hard to thrive
With stiff competition, owners need the right models to win
Flight to safety: New citizens and PRs drive Singapore luxury home sales as broader market cools
Sales of prime Core Central Region homes jump almost 25% year on year in the first half
AI office demand seen spreading beyond NYC, San Francisco
Seattle, Chicago and Washington are reportedly showing signs of growth
Deloitte Singapore set to move out of Shenton Way base to Orchard Central in 2027
The consultancy will be occupying JustCo’s new co-working space in Orchard in the interim
Italian aristocrat sells pair of Neil Road shophouses for S$40.88 million
A Singapore vehicle linked to Luca Padulli paid S$17.5 million in 2011 for the freehold property, which was extensively restored
US mortgage rates rise to 6.49%, reversing last week’s drop
The average for a 30-year, fixed loan is up from 6.43% a week earlier, says Freddie Mac
Oberoi Realty targets US$1.4 billion sales on India’s luxury demand
The first phase of a high-end project by the firm in Gurugram near New Delhi is sold out in ‘two hours’
JustCo takes over master tenancy at OG Orchard Point building with push into co-living market
JustCo Place integrates co-working, retail space with 123 apartments; Deloitte to fully occupy its co-working space
Upcoming Gillman Barracks housing estate set to retain 25 heritage buildings, green spaces
These buildings were among 86 that were assessed in a heritage study ahead of the redevelopment of the former military site for...
Parts of Maju Forest to make way for new public housing estate in Clementi
Nature groups were engaged throughout the planning process