HDB Resale Flat - The 12.5 per cent full-year price increase is the highest annual growth recorded since 2010
>> HDB resale prices surged 12.5% in 2021, biggest rise since 2010: Flash data
A STEADY stream of transactions is continuing to surface in the creme de la creme of the Singapore landed housing segment: Good Class Bungalows (GCBs).
NEW private home sales slumped to a record low for the first half of 2024, pulled down by a lack of new launches and price resistance amid weak sentiment.
HONG Kong property tycoon Adrian Cheng is listing his venture fund C Capital on the Swiss Stock Exchange through a merger.
CHINA’S property downturn is weighing on yet another corner of financial markets: ESG-labelled securitised debt.
THINKING of letting out your home for a month to earn some extra income while you are out of town? Think again. It’s illegal.
CHINA’S home prices fell again in June, underscoring the challenge for policymakers to halt the property market slump that’s hurting developers and the economy.
BRITAIN’S’ home sellers cut the prices they’re asking for properties for the first time this year as uncertainty around the election and stubbornly high mortgage rates held back confidence.
NEW Zealand house prices rose in June and total sales dropped sharply, the Real Estate Institute of New Zealand (REINZ) said on Monday.
CHICAGO’S most expensive home listing has found a buyer after years on the market and four price cuts.
THE delinquency rate among US office loans rose in June, driven in part by increasing vacancies and elevated interest rates, according to recent reports from ratings agencies.
JUST hours after police raided several luxury homes across Singapore on Aug 15, 2023, a white Toyota Alphard drove past a good class bungalow (GCB) in Third Avenue.
A MANSION in San Francisco’s posh Pacific Heights neighbourhood sold for about US$70 million, property records show, setting a record for a home in the city.
AFFLUENT Americans with the flexibility to work remotely have been snapping up luxury houses on the French Riviera, sparking a surge in property prices in a region known for its stunning beaches, fancy yachts and the glamorous Cannes Film Festival.
MORTGAGE rates in the US dropped for the fifth time in six weeks.
CK INFRASTRUCTURE Holdings (CKI), backed by Hong Kong tycoon Victor Li, is considering a second listing on an overseas stock exchange such as London’s, potentially becoming the first company to take advantage of new listing rules in the British capital.
FOR the third time in the past 12 months, Cuscaden Peak Investments group (including Paragon Real Estate Investment Trust) has put on the market its stake in a Singapore retail asset.
HIGHER-for-longer interest costs and ample office vacancies have pushed the sales of distressed investment properties in Hong Kong higher in the second quarter, a trend realtors expect to continue in an already tepid real estate market.
MANHATTAN’S apartment market reached new levels of competitiveness in June.
UNITED Kingdom home sales are likely to rebound as buyers draw more confidence that interest rates will fall and the uncertainties of last week’s general election pass, the Royal Institution of Chartered Surveyors (Rics) said.
THE pool at Hudson House, a luxury building in SoHo West, was scattered with people swimming, tanning and working on laptops against the scorching sun of a recent Thursday (Jul 11) afternoon.
WEWORK will turn a floor at a Manhattan office tower into a work lounge that can be used by all of the building’s tenants, a first for the co-working company.
ABOUT 50 listings for resale Housing Board flats have been removed from the HDB Flat Portal for having unrealistic pricing or misleading information.
MAPLETREE Investments will sharpen its focus on four core sectors – data centres, logistics, offices and student housing – through strategic investments and increased development activity, it said in its annual report for the financial year ended Mar 31.
DISTRESSED investors see one of the best opportunities in a generation to buy troubled US real estate assets as the commercial property crash continues to roil the market.
BRITISH homebuilder Crest Nicholson said on Wednesday (Jul 10) it may recommend to its shareholders a sweetened £701.4 million (S$1.2 billion) all-share takeover deal from bigger rival Bellway if the latter comes up with a firm offer.
ELECTIONS around the world are set to have a profound, albeit temporary, impact on luxury housing, according to a new mid-year Luxury Outlook report from Sotheby’s International Realty.
BRITAIN’S biggest developers are increasingly turning to a costly service to try to sidestep delays in the country’s broken planning system, a trend that underlines the extent of the challenge awaiting the new Labour government as it looks to make reforms.
A PENTHOUSE at Aman New York has sold for US$135 million, making it the most expensive home purchased in Manhattan this year.
CHINA Vanke warned of hefty losses in the first half, as the country’s property downturn took a toll on the closely watched developer that is trying to secure cash to pay off debts.
THE daughter of Wah Loon Engineering founder Alan Chong has sold a bungalow in Jervois Hill for S$58 million to a grandson of Sinar Mas founder Eka Tjipta Widjaja.
Kathryn Anne Edwards
WHILE a recovery in German commercial real estate deals is picking up, helped by buyer interest in industrial and logistics properties, sluggish demand continues to sour investor appetite for office properties, according to Jones Lang LaSalle Inc.
PRIME home transactions in Singapore remained brisk in the first half of 2024, exceeding H2 2023’s figures across all residential types in terms of both sales value and transaction numbers.
IN THE south of Riyadh, nestled into downtown streets steeped in rare desert greenery, sits a 365,000 square foot palace once lived in by King Saud bin Abdulaziz, the second ruler of modern Saudi Arabia.
THAT most Singapore residents own their homes is something to be lauded. Generous subsidies from the government, which help shave the effective purchase cost of public housing, improve affordability for sure. The aid extended also helps prop up household net worth, given that a big chunk of wealth is contributed by the value of residential assets.
ASCOTT, the wholly-owned lodging business unit of CapitaLand Investment (CLI), has inked a multi-year partnership with Chelsea Football Club (Chelsea FC) as part of its push to deepen its hold in Europe.
SELLERS of a Hong Kong mansion on the Peak reduced their asking price by 12 per cent from April, a sign of continued weakness in the luxury property market.