News and media releases
Property News
Build more CBD offices; go slow on decentralised offices and CBD homes
Follow market preferences to optimise land use
Top Hong Kong builder sees weekend sales frenzy
A drop in interest rates is helping the city’s residential market
Asking prices for UK homes have smallest spring rise since 2016: Rightmove
The year-on-year fall in demand is the first so far in 2025
China’s new home prices unchanged in April, show no growth for nearly two years
[BEIJING] China’s new home prices were unchanged in April from a month earlier for a second month, official data showed on Monday...
Dubai’s red-hot real estate attracts big name backers, including Mapletree
DUBAI’S real estate market – where property values have surged 70 per cent in the last four years – is starting to...
Fewer property flippers in condo sub-sale market, but deals in Q1 still ‘highly profitable’
Sellers raked in median gain of S$257,000, up 30% from profits between 2020 and 2023
Timing not right yet for overhaul of China home sales market: state media
Rush to implement reform at national level seen putting pressure on builders and denting interest in land auctions
Duxton Reserve hotel sold to Lotus One Investment for S$80 million
The price tag works out to about S$1.63 million per key
JTC to reclaim about 49 ha of land off Lorong Halus to meet future demand
[SINGAPORE] About 49 hectares (ha) of land will be reclaimed in the waters off Lorong Halus in Pasir Ris by industrial developer...
Voice of America building latest federal property up for sale
The sale of the VOA building could leave employees and contractors of the government-run international news networks without a home
Distressed Hong Kong builder Parkview gets private loan from PAG
The property developer has been in talks for private credit funding of at least HK$2.8 billion, offering two residential towers, parking spaces...
Mortgage rates in the US rise, sending 30-year average to 6.81%
Borrowing costs have largely tracked traders’ response to US President Donald Trump’s on-again, off-again trade wars and tariffs that are widely seen...
1,000 BTO flats on former Keppel Club site to be launched in October
[SINGAPORE] Around 1,000 Housing and Development Board (HDB) Build-To-Order (BTO) flats that will be built on the site of the former Keppel...
Manhattan rents at record highs hint at more increases to come
Though rents have eased in other parts of the country as US President Donald Trump’s tariff wars stir up economic uncertainty, New...
Hong Kong’s top developer sells out homes in hours as rates fall
The one-month Hong Kong Interbank Offered Rate is hovering at 1.3 per cent, the lowest since August 2022
New World faces decision deadline on perpetual bond redemption
Many of Hong Kong’s builders continue to face challenges as the city remains mired in a deep property slump
CBRE moves to bigger CBD office in MBFC Tower 1, ups its game
Its 21,000 sq ft space is a 75% expansion of the Six Battery Road premises it will be vacating
Toronto home sellers slashing prices, offering big discounts
66% of homes sold in Toronto went for less than the listing price
Fractional platform RealVantage ties up with ESR to invest US$55 million in South Korean logistics facility
This is the platform’s first entry into South Korea and its largest investment to date
German property lender PBB to shun new US business
[FRANKFURT] Deutsche Pfandbriefbank, one of Germany’s top property financiers, said it would not take on new business in the United States and...
Royal Group puts six HDB shophouses up for sale for S$73 million
[SINGAPORE] A portfolio of six HDB shophouses located across Toa Payoh, Ang Mo Kio and Tanjong Pagar is up for sale for...
Singlife leases former Prudential space of 73,300 sq ft in Marina One East Tower
Quantedge Capital is moving to level 15 of Capital Square, part of the space that used to be occupied by Morgan Stanley
URA puts up second Chuan Grove site for sale; firm bids expected amid steady demand in the area
The 14,514.3 sq m plot is projected to yield about 505 homes
Australian family office to build 3,000 homes on UK golf courses
Bangarra Group’s plan is now set to test the viability of the affordable housing rules