News and media releases
Property News
Banyan Tree unit acquires stakes in two resort investment and development companies for S$5.5 million
The seller is NSL Resorts International, a subsidiary of Singapore-listed integrated environmental services group NSL
Deutsche Bank sees more headwinds from commercial real estate
It has set aside 664 million euros (S$961.7 million) at the end of last year for expected credit losses from commercial real...
Blackstone’s US$17 billion property lending arm isn’t giving up on its office bets
Real estate dealmakers are preparing to scoop up a stake in a 50-story building in Midtown Manhattan
The highs and lows of CDL’s Millennium & Copthorne Hotels
The business has grown from a single hotel in Orchard Road to a global hospitality group with more than 145 hotels worldwide
CDL saga: Will peace hold? It’s time for a comprehensive strategic review
Father-son spat has wreaked damage, restoring investor confidence will be an uphill task
Manhattan apartment rents jump to record as bidding wars spread
[NEW YORK] Manhattan apartment rents soared to a record high in February amid intense competition, including bidding wars in a more than...
Blackstone ups bid for ‘Can of Ham’ London tower to £330 million
For the world’s largest alternative asset manager, the move is a big bet on London’s office rents as the lack of new...
London to suffer UK’s worst drop in house prices, surveyors predict
Prospective buyers are finding it harder to save for a deposit as they face increasing food and energy bills in addition to...
Boustead Singapore to hive off real estate business; subsidiary to take 24.1% stake in Unified Industrial
Singapore-listed company says proposed transaction will facilitate future capital-raising opportunities
CDL executive chairman Kwek Leng Beng drops lawsuit against son Sherman Kwek
All current directors will remain on the company’s board, and the younger Kwek will continue as group CEO
Mapletree Logistics Trust to sell warehouses at 31 Penjuru Lane for S$7.8 million
This is 6.8% higher than the property’s latest valuation of S$7.3 million as at Nov 28
US homebuyers confront a new wild card this year: Trump
Early indications don’t look especially promising
London Mayor Khan says new planning rules to boost housebuilding
The Planning and Infrastructure Bill “will make it much more viable to build affordable homes”
South-east Asia developers face condo oversupply in three nations
[SINGAPORE] Developers in the Philippines, Thailand and Vietnam are facing oversupply concerns on weak consumer demand, with some scaling back new residential...
URA to appoint new chairperson Ow Foong Pheng
She will succeed Peter Ho from Apr 1 and join the board with two new members
India’s Adani to bag 360 billion rupees city housing project
The project will need the consent of existing dwellers
Saudi residential real estate to attract US$1.22 billion this year
Saudi Arabia has poured hundreds of billions of dollars through the Public Investment Fund (PIF) into “giga-projects” such as Neom
Number of Singapore residents living in private condos doubles over last 15 years
Data on ownership also points to jump in resident households buying private property between 2009 and 2024
Renters turn to lottery in Spain's housing crisis
Around 44,000 people took part in the draw, which produced 63 other winners
Parktown Residence’s sizzling sales: perks and perils of buying into large integrated developments
Challenges of living in large developments and with collective sales of mixed-use leasehold sites
Philippines has priciest property stock on business hub plan
Golden MV has no official analyst ratings or earnings estimates according to data compiled by Bloomberg
UK seeks to scale back reviews that delay new housing projects
[LONDON] Britain set out plans late on Sunday to scale back lengthy public reviews that can delay housing developments, as part of...
More than 1,000 homes sold at 3 launches in one weekend; 93% of Lentor project taken up
Tampines EC Aurelle sells 90% of units; Aurea at Golden Mile moves only 12% of project
China’s property sector is showing positive changes, minister says
[BEIJING] China’s property sector is showing positive changes and market confidence is improving, its housing minister said on Sunday (Mar 9), as...
Family office Royal Group picks Sunset Hospitality to manage hotel off Orchard Road
The 165-room Casa Mett, expected to open in early 2027, will be the second hotel in Singapore to be managed by the...