News and media releases
Property News
New Zealand housing market has entered upturn, CoreLogic says
The median value is now NZ$812,195
SLA appoints new CEO to succeed Colin Low
Calvin Phua, deputy secretary (policy) at the Ministry of Law, will step up from May 1
Bangkok’s condo oversupply problem may worsen over quake fears
Authorities reported varying degrees of damage to about 13,000 buildings, leading to mass evacuations and safety checks
Bukit Timah condo Hillcrest Arcadia put up for en bloc sale at S$920 million
The development is being marketed at about S$1,519 per square foot per plot ratio, says marketing agent Huttons
RB Family Office markets Mosque Street asset amid increasing buzz in shophouse hotel scene
Billionaire philanthropist Leo KoGuan picks up 21 Carpenter heritage hotel for about S$100 million; Duxton Reserve Singapore sells for S$80 million
Warburg purchases Tokyo rental houses, plans Japan office
The moves underscore a trend of increased foreign investor activity in Japan, drawn by the weak yen, cheap financing and the return...
Why China can’t sort out its property market mess
ONCE one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for five years with no...
China property pain worsens with sales slump, record Vanke loss
THE world’s second-largest economy has yet to find a floor for its slumping property market, as new home sales reversed into a...
HDB resale prices rise at a slower 1.5% pace in Q1: flash data
Meanwhile, resale volume is down 7.7% in tandem with slower market conditions
Singapore private home prices flatten in Q1, inching up 0.6% after year-end jump
Sales volume also falls, by 15%, in the first quarter
China property giant Vanke reports annual loss of US$6.8 billion
This is despite Beijing’s attempts to revive the housing market
OCBC should sell Chulia Street properties so assets can be redeveloped to benefit Singapore
Divesting these buildings will also help create shareholder value
Retail S-Reits’ high occupancy, firm yields keep analysts positive
With landlords maintaining the upper hand, retail plays could gain with further rent hikes expected
Country Garden posts narrower loss in 2024 after write-off
CHINA’S Country Garden Holdings reported a narrower loss in 2024 as the defaulted property giant seeks to build creditor support for its...
Housing dream turned nightmare weighs on Australian voters ahead of national election
Labor is forecast to lose working-class seats in the outer suburbs of Sydney and Melbourne in a May 3 national election
Mapletree Industrial Trust banks on diversification, balance to deliver sustainable returns
It is not heading towards becoming a 100% data centre Reit; resilient Singapore industrial portfolio will continue to be a key area,...
Frasers Property ‘closely monitoring’ aftermath of Myanmar quake
[SINGAPORE] Singapore-listed Frasers Property Ltd, which owns and operates hospitality and commercial assets in Bangkok and recently opened a mega mixed development...
Singapore’s prime office rents in Q1 weighed down by global retrenchments, trade tensions
The marginal quarterly increase of 0.5% follows that of Q4, which was 0.4%
The UK’s key housing target at the mercy of wary homebuilders
The UK’s biggest developers are already telling shareholders they won’t get close to achieving it
Blackstone's higher £330 million offer for London's 'Can of Ham' tower rejected, source says
Blackstone had already had a £300 million offer for the building refused last year
Vanke, China Overseas Land see signs of recovery after historical profit slump
A string of recent profit warnings could be a positive future signal, says Bloomberg Intelligence
New World seeks HK$15.6 billion loan pledging prized Hong Kong asset
The company proposes terms of a three-year loan terms to banks for debt refinancing and repayment