Singapore Private Home - The 5 per cent jump marks the highest quarterly (Q42021) rise since the second quarter of 2010
Singapore Private Home - The 5 per cent jump marks the highest quarterly (Q42021) rise since the second quarter of 2010
Property News
US housing market remains under pressure in July
Contract signings for existing homes are down 2.3% on the month to the lowest level since January
Vietnam to reform land acquisition rules to boost economic growth
The proposal comes in response to delays to several projects because of disputes over compensation and resettlement
China widens use of US$1.6 trillion fund to spur spending on homes
The fund has more than the outstanding amount of mortgage loans
Australian regulator finds mortgage fraud across major banks
Agency finds inflated incomes, misrepresented employment and fabricated business activity were used to support loan applications
Oei Tiong Ham Park area GCB sold for S$31.3 million
This translates to about S$2,089 psf on freehold land area of about 14,982 sq ft
Raj Kumar, son Kishin in exclusive due diligence to buy Scotts Square for S$320 million
The freehold mall has potential for substantial refurbishment and repositioning
Miami’s skyline is getting super tall
At least 10 new skyscrapers will be built in the next five years. The rush in development has some experts worried
Kallang Distripark set to be redeveloped for thousands of new private homes
[SINGAPORE] Kallang Distripark, a privately-owned disused rubber factory converted into a warehouse site, is being prepared to be redeveloped for private housing.
China new home prices stagnant in July as demand stays weak
New home prices fell 0.1% in July from the previous month
Freehold Sembawang apartments up for collective sale at S$130 million
Owners stand to receive S$2.1 million to S$14.7 million
Indonesian developer Modernland seeks bond restructuring again
Move highlights liquidity challenges facing the builder of residential and industrial townships
Developer sales pick up in July with 731 new homes sold, mainly from 2 launches
Dunearn House and Lentor Gardens Residences are the month’s only major new projects
Vers for old HDB flats: Could the consent threshold be 65%?
Insufficient new property developments and redevelopments can hurt Singapore’s economy and society in general
Sustained Land buys Thomson Lane plot for S$578 million, plans condo project on prime site
The land parcel is being acquired from an entity linked to OCBC’s Lee family
UK housebuilders plagued by upheaval as Burnham hopes for homes
[LONDON] Andy Burnham is the latest UK leader to call for many more homes to be built – yet earnings from the...
OpenAI steps up Singapore footprint, in talks to lease 100,000 sq ft in Shaw Tower
Rival Anthropic has leased about 100 desks within The Executive Centre facility at Ocean Financial Centre
Mortgage rates in the US edge lower for the first time in six weeks
The average for a 30-year fixed loan declines to 6.67% from 6.69% a week earlier: Freddie Mac
South Korea unveils package to boost housing supply, support young buyers
Construction project financing support to rise to at least US$33.7 billion
Sydney, Melbourne housing investors pull back after tax changes
The slide in prices and lending signals efforts to tackle increasingly unaffordable homes are having an impact
New Zealand’s central bank to maintain current home lending rules
Housing remains a drag on the country’s uneven economic recovery
Centurion’s growth story stays anchored in Singapore with Kranji Close win
Group will not let its CAReit stake fall below 30%, says CEO Kong Chee Min
Australia housing prices drop slows economy
[SYDNEY] A fall in home prices is making financial conditions in Australia more restrictive, according to a senior central bank official, helping...
Orchard Boulevard, Marina Gardens Lane GLS sites released for sale
The two 99-year leasehold parcels can yield about 500 private homes
CapitaLand Investment H1 profit up 14% at S$327 million on higher fee income
Revenue for the six-month period falls 2% to about S$1.02 billion
Centurion H1 net profit drops 64% to S$26.5 million
It faced higher net fair value losses on investment properties and a share of losses from associated companies
Singapore commercial property deals on track to hit record in 2026
US$10.3 billion of transactions closed in H1, with another US$6 billion in the pipeline: MSCI
UOL H1 net profit rises 23% to S$252.2 million on joint venture profits
Revenue falls 7% year on year to S$1.4 billion from S$1.5 billion