Property News
Hillhouse-backed Samty sells 49 billion yen worth of Japan multi-family assets to sovereign wealth funds
The two portfolios comprise 30 newly built properties, most of which are located in Tokyo, Osaka and other major cities
Jane Street plans to move Singapore office in latest Asia expansion
It is now looking to ramp up its hiring in the Republic, with almost 10 open positions based there
Some 6,000 BTO flats planned for upcoming Mount Pleasant estate
This is 20% higher than the previously announced 5,000 units, with the first of four Build-To-Order projects launching in October
Evergrande liquidators ask court to name receiver for founder Hui Ka Yan assets
The property developer has become an emblem of China’s property crisis since it defaulted in 2021
Bessent says Trump administration will tackle high housing costs with new measures
[ARLINGTON, Virginia] President Donald Trump’s administration plans new measures to tackle the high cost of housing in the coming weeks, US Treasury...
More older condos resold as buyers seek space and value
The rise in demand for ageing condominiums comes even as more private apartments are getting older and struggling with deteriorating infrastructure and...
Time is running out for Singapore’s oldest HDB flats as prices flatten and demand slows
As demand dwindles for older HDB flats, questions remain over how a voluntary redevelopment scheme will change the market
Asia-Pacific hotel deal value falls 23% to US$4.7 billion in H1 2025: JLL
Macroeconomic uncertainty results in investors gravitating to safe-haven markets, even as decision-making timelines lengthen
New World’s Cheng family weighs capital injection by year-end: sources
The plan under discussion would establish a joint venture to provide liquidity to the debt-laden builder
New Zealand opens luxury home market to golden visa holders
The Active Investor Plus visa offers residency in exchange for a significant investment
Marina Bay Sands’ scale, success and bold expansion are a blessing and a curse for Singapore’s hotel sector
The integrated resort is outperforming the industry and its growth will augment its leading position
New Zealand home-building approvals stuck in 15-month slumber
The government wants to reinvigorate the industry as it tries to revive economic growth
Rents for privately held HDB shops double in past year; prices hold steady for those leased from HDB
The rising rents are squeezing some shops in the HDB heartland, leading them to relocate, downsize or close altogether
China’s home sales slump extends as prices continue to decline
Sales have fallen for six straight months
Australian home prices climb for seventh month after rate cuts
The government has an ambitious target of 1.2 million new homes by 2029
Transforming Singapore’s state properties into great spaces
The Singapore Land Authority manages some 11,000 hectares of state land and 2,600 state buildings, and is looking at ways to optimise...
‘Undervalued’ CapitaLand Ascott Trust presses on with diversification for stability and growth
Lodging trust has a tested playbook of operating in a spread of geographies and asset classes with disciplined capital management
Hotel Miramar to shut end-October; 108 employees hit
It attributes the ‘difficult decision’ to its long-term business outlook
Singapore mall landlords are adapting to changing consumer habits, but there’s room for new approaches
Suggestions from market players include mixed-use developments that will ease reliance on rents and tapping underused spaces for pop-ups
Land betterment charges for commercial, residential and industrial uses go up by 0.1% to 1.6% on average
Rates for place of worship, civic and community institution use to rise by 2.9% on average; rates for hotel, hospital, nursing home...
New Zealand considers relaxing homebuying ban for rich foreigners
It wants to attract more high-net-worth investors
US mortgage rates fall slightly, sending 30-year home-loan costs to 6.56%
Sellers vastly outnumber shoppers; the 36.3% gap is the biggest in records dating to 2013
GuocoLand falls by nearly 3% after reporting slump in H2 net profit to S$32.4 million
The property developer’s earnings fall 48% on the year
The end of London’s Elizabeth line is awash with empty offices
Office tenants are slow to head westwards, and the town of Reading alone has enough office stock to last 4.7 years
Perennial opens S$260 million assisted-living facility with monthly rates from S$8,900 to S$17,000
Parry Avenue pilot project, targeted at luxury market, houses 200 fully furnished apartments, a nursing home, and a rehabilitation, medical and wellness...
From China to Singapore: Perennial banks on eldercare for growth
Rates at its new assisted-living facility are high, but the group’s CEO hopes to refine the model and lower them over time
Marilyn Monroe’s home faces demolition in battle over landmarks
Celebrity homes are one of LA’s major tourist attractions, with star-tour buses clogging streets from Hollywood to the Pacific shores
Luxury apartment sales pick up in H1 amid new launches and lower interest rates
Singapore’s status as a safe haven continues to attract investors and high-net-worth individuals
Hongkong Land leans on ‘hotelification’ to boost Singapore office portfolio performance
Hongkong Land seeks to provide a hotel-like experience for workers and visitors in its buildings in Marina Bay
Hong Kong July home prices grow faster, up 0.4% on month
[HONG KONG] Hong Kong’s monthly home prices rose 0.4 per cent in July for a fourth successive month in accelerated growth, government...
Malaysia’s PNB plans RM6 billion sukuk for skyscraper project
The company will also use the money raised to refinance its existing sukuk
Home prices in the US increase at the slowest rate since 2023
With few eager shoppers in the hunt, sellers are warming up to discounts and other concessions in parts of the country where...
Hong Kong mansion fetches HK$1.1 billion in record for this year
The city’s luxury property market has seen increased activity in recent months, according to a report
Australia housing dysfunction mirrored in central bank’s blowout rebuild
While rising property prices have long been seen as a positive by governments, the levels they have now reached appear increasingly problematic