Property News
Loyang Valley sold for S$880 million to SingHaiyi-led consortium
The deal puts the development among Singapore’s largest residential en bloc sales since 2007
Nassim Road bungalow changing hands for S$64.9m
The buyer is understood to be Shiv Puri, an entrepreneur who started his own fund TVF
New World’s once-hot luxury development returns at a cut price
Some of the larger, premium apartments are being offered via tender, a method that can help fetch higher prices
US mortgage rates drop for second week to 6.3%, Freddie Mac says
The housing market has been rattled by the war in Iran
Australia’s housing crisis set to worsen on Iran war fallout
Surge in oil prices leading to cost spikes of as much as 40% for some materials in the building sector
Power price hikes held at bay with Singapore landlords, hotel operators buffered by locked-in rates
Even as energy costs soar amid the Middle East war, real estate asset owners say the impact will be limited
Singapore developers deepen long-term bet on Vietnam
Key drivers include its young and more well-educated workforce, as well as a growing middle class
China home price drop slows for second month as pressure eases
Supportive measures for the property market have trickled out across cities in recent months
Evergrande liquidators pick state-owned tourism company for exclusive sale talks
More investors may join Guangdong Provincial Tourism if an agreement for the sale is reached, sources say
China’s data centres are plugging into Reit-style financing wave
The niche funding tool – known as holding-type real asset-backed securities – has seen rapid uptake since it was introduced less than...
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
New home sales are more than five times February’s figure, and up 78.3% year on year
China Evergrande’s billionaire boss falls from circles of power to fraud plea
His plea draws a line under the collapse of an empire that thrust China’s property sector into the glare of global investors
Hoi Hup Realty tops 3 bids for Yishun EC site with S$340.9 million or S$732 psf ppr bid
Developers expected to maintain more selective bidding approach as supply pipeline builds
Wealthy Middle East residents are house-hunting in Europe to escape war
Investors who might have ploughed money into the most popular Gulf property markets are also examining alternatives
Luxury condo deals climb in Q1 despite uncertainty from Middle East crisis: report
Buyers may see such properties as ‘long-term secure assets’ amid geopolitical instability, says Realion
SingHaiyi’s Vela Bay condo in Bayshore opens for sale, with prices starting at ‘above S$1.2 million’
The 515-unit project’s public preview has drawn nearly 8,000 visitors
China Evergrande founder pleads guilty to fraud in Shenzhen court
Hui and the company also face charges of illegally extending loans, fraudulently issuing securities and bribery by units
US housing shortage is at least 10 million homes: White House
The interest rate on a 30-year fixed mortgage is currently 6.37%, according to Freddie
Far East inks deal to sell Tuas industrial asset for S$322 million
The buyer is a joint venture that includes units of Hong Kong-listed HPC and CWT, and Ding Zhou group
Singapore properties’ safe-haven premium shields S-Reits from Iran war headwinds
The Republic’s attractiveness to businesses and individuals will grow in a chaotic world
CapitaLand Investment raises US$320 million for Asia-Pacific credit fund
The latest pool is the second in its flagship regional credit series
KKR unit to boost buying in 450 trillion yen Japan property market
KJRM sees profit potential as companies face pressure from policymakers and investors to divest non-core assets
Miami’s Mandarin demolished to make way for luxury towers
Land values have surged in Miami, with scarce available lots between the Atlantic Ocean and Everglades
IOI Properties files Reit listing that may raise RM1.98 billion
The group intends to sell 2.2 billion units to investors through a mix of retail and institutional placement