Philip Yeo to step down from CDL board
Departure comes three months after CDL’s annual general meeting, when he rallied shareholders against ‘bullying’ by majority directors
Property Market News
Singapore Property Market News
Chinese buyers spent 83% more on US homes this year
The data shows that Chinese buyers are brushing aside concerns over US-China geopolitical tensions and tighter visa policies
New private home sales more than double year on year in H1 2025 to 4,634 units
This comes despite a sales volume dip in June; momentum is likely to pick up as more projects hit the market
Far East Hospitality opens two hotels in Osaka
The venture is in partnership with Anglo Fortune Capital Group
Kelvin Fong appointed PropNex CEO; Ismail Gafoor remains as executive chairman
Fong, previously deputy CEO, has more than 20 years of experience in the industry
24 law firms probed for conveyancing of properties seized from money launderers, two to pay penalties
Investigations of 11 firms concluded, with two to pay penalties of S$30,000 and S$100,000
China home prices fall at fastest pace in eight months, stimulus calls rise
Cities across the country have also relaxed homebuying curbs and eased restrictions on housing provident fund programmes for individual mortgages
Luxury development boom stokes jump in Indian real estate shares
Upcoming new launches from DLF, Prestige Estates Projects and Lodha Developers are adding to the stronger sentiment
China Vanke says first half loss may widen to US$1.67 billion
Over the past four years, a number of major developers have defaulted on their debt as government crackdowns and faltering home-buyer sentiment...
Builders’ mortgage aid lifts home prices, Morgan Stanley says
Fannie, Freddie and Ginnie support the mortgage industry by packaging mortgages into bonds and providing investors with a financial guarantee
IOI offers ‘special preview prices’ for limited units at about S$3,200 psf for W Residences Marina View
These rates apply to some three-bedroom units, which were earlier listed at prices starting from S$5.4 million
Two River Valley area projects – River Green and Promenade Peak – begin previews this week
These are the first launches coming out of a cluster of four government land sale sites tendered in the area
Centurion shares jump more than 5% as group anticipates ‘significant increase’ in H1 profit
The company has also confirmed Centurion Accommodation Reit will be listed on the mainboard of SGX
Should capital gains tax replace seller’s stamp duty on homes?
Taxing profitable property transactions would be a more equitable way to curb speculation
CapitaLand sells 94% of LyndenWoods at average S$2,450 psf
Science Park condo launch is first after another set of property cooling measures rolled out in July
Trump’s 50% copper import tariff said to cover refined metal
[NEW YORK] US President Donald Trump’s promised 50 per cent copper tariffs are set to include all refined metal, indicating the president’s...
Getting real on Good Class Bungalow prices
Some silver-generation owners of bungalows in GCB Areas are adjusting downwards their price expectations, in favour of smaller homes and more cash...
US mortgage rates climb after five straight weeks of declines
A bump in listings has given house hunters more choices and greater negotiating power
Q3 wave of condo launches will test demand for Singapore prime projects above S$3,000 psf benchmark
Close to 2,000 units to be launched in the Core Central Region alone, in the biggest batch of new supply there since...
Manhattan rents hit another record with more increases to come
Rents typically climb during the summer, but the pressure this year is intensified by the Fairness in Apartment Rental Expenses Act, which...
Goldman buys 262 billion won hotel, retail assets in Seoul
The purchase comprises 270 rooms and mixed-use retail property
UK homebuyer demand rebounds to a six-month high, index shows
Improving demand indicates the property market is steadying from the impact of the increase to the stamp-duty tax
WeWork secures new tenants, fills more space at 21 Collyer Quay, Suntec City post-bankruptcy
The co-working operator is upbeat about its prospects in Singapore and globally
Hong Kong’s Henderson Land to raise US$1 billion through convertible bonds
The initial conversion price is HK$36 per share, and, if the bonds are converted fully, will increase Henderson Land’s equity capital by...
UK builders to pay £100 million to housing programmes after competition probe
They agreed to refrain from sharing information except in limited circumstances
South Korea’s household loan surge puts rate-cut plans under pressure
The value of loans rose by US$4.5 billion in June from a month earlier in the biggest increase since August 2024
New World is selling China property assets after loan deal: sources
The developer is said to favour buyers such as investment funds or private firms that can make swift decisions and offer faster...