News and media releases
Property News
Government raises seller’s stamp duties on residential properties to curb rise in ‘flipping’
Duty raised to 16% for holding of 1 year or less, and drops by 4 percentage points for each additional year; SSD...
New Zealand house-price recovery remains modest, says consultancy
The interest rate on a two-year fixed-rate home loan is below 5% at most local banks, the lowest since March 2022, although...
IOI starts previews for 683-unit W Residences Marina View luxury project
The prices for the smallest units, with one bedroom each, start at above S$2.1 million
Loyang Valley owners make third try for en bloc sale at S$880 million
The 840,648 sq ft site is in the Changi East area, where key infrastructure is coming up
Where Asia-Pacific real estate investors are landing in flight-to-safety moves
Office sector continues to anchor allocations, while South Korea is emerging as a major new frontier for investment
New World Development shares jump after closing HK$88.2 billion refinancing deal
Other highly leveraged and smaller developers are also battling with liquidity stress as home prices in the financial city have dropped nearly...
Frasers Property, Sekisui House launch The Robertson Opus with prices from S$3,150 psf
Prices will start at S$1.37 million for a 431 sq ft studio at the 999-year leasehold project
Two men, four firms face multiple charges over illegal short-term stays in private homes
The agency warns that such properties must be rented out for a minimum of three consecutive months
Resale home prices drop at faster pace in China, private survey shows
The property sector has been under severe stress since 2021, after authorities cracked down on excessive borrowing by developers
Two property agents fined for involvement in S$3 billion money laundering case
One faces S$5,000 fine over an industrial property purchase, and the other has been fined S$2,000 for a commercial property transaction
Judge gives green light for S$810 million Thomson View en bloc sale
The condominium’s collective sale was met with a stop order in March, after efforts to address objections from a small group of...
HDB resale price growth slows further to 0.9% in Q2: flash data
Analysts predict year-on-year price gains to moderate to 3-6% in 2025 as resale supply tightens and new flat launches provide fresh options
Singapore private home prices flatten further, up 0.5% in Q2
This follows a 0.8% increase in Q1 and a 40% drop in transaction volumes in Q2
New World Development scion Adrian Cheng resigns from board
The company has sunk deeper into debt than any other major Hong Kong developer and last year it posted its first annual...
China home sales slump persists as calls grow for more stimulus
Demand for new homes in cities is expected to stay at 75% below its 2017 peak in the coming years
New World closes record US$11.2 billion loan refinancing deal
The cash-strapped builder last week secured written commitments from all participating banks
Star Entertainment’s Hong Kong backers threaten to soon exit Brisbane casino deal
[BRISBANE] Australia’s Star Entertainment said on Monday (Jun 30) that its Hong Kong-based investors had threatened to imminently withdraw from a deal...
Bangkok building collapse tied to construction and design flaws, Thailand’s PM says
An investigation found that the elevator and stairwell walls were improperly designed and built
Hong Kong builder Emperor shares drop after it says debt overdue
Property prices in the city have fallen around 30% over the past four years, and are now around a nine-year low, as...
Japan’s ‘death-tainted’ homes gain appeal as property prices soar
The country’s property prices have rocketed on a surge in construction material and labour costs as well as an influx of overseas...
Tighten en bloc rules, encourage reuse so more private housing blocks stand for over 50 years
Apply lessons from Golden Mile Singapore project
Depot Lane industrial estate and warehouses to be vacated by Q4 to make way for housing
The industrial estate consists of about 240 units across eight blocks
Hong Kong real estate gets short-term loose-money bump
The spread between short-term Hong Kong dollar lending rates and US Federal Reserve fund rates has reached its widest point since 1988,...
From Changi T5 to MBS expansion, Koh Brothers Group rides on Singapore’s infrastructural upgrades
Its construction order book exceeds S$1 billion, with visibility to 2029
Orchid Country Club, Science Park sites among plots rezoned for housing
Other sites now earmarked for housing in new Draft Master Plan 2025 include Gillman Barracks, Marina Bay Golf Course, Warren Golf &...
Frasers Hospitality’s Tokyo debut part of growth strategy to expand to business gateway cities
Frasers Hospitality, which has built its brand on longer-stay assets, also works at curating experiences for such guests
GuocoLand’s Dora Chng on flex designs and biodiversity to lure new condo buyers
The younger generation continues to show a strong affinity for homeownership, says developer’s residential director
New World gets 100% lender approval for US$11 billion refinancing
The deal is all but done, with only procedural steps left for lenders to sign the loan documents
Far East Organization opens Amber House condo for sale with prices from about S$2,900 psf
Prices for the freehold project start from about S$1.92 million for two-bedroom units