Singapore Property Market News
CapitaLand, UOL consortium puts in top bid of S$1.5 billion or S$1,179 psf ppr for Hougang Central mega mixed-use project
Development on the 4.7 hectare site is set to produce the first major mall in the area
London’s luxury home market has its worst year since Covid-19
While 2024 brought in at least four £50 million-plus deals, the biggest transactions this year are around the £40 million mark
Kering sells majority stake in New York property to Ardian in US$900 million deal
The deal comes as the company seeks to cut debt and protect its credit rating
EU to unveil plan to tackle housing crisis
THE EU will on Tuesday present a first-ever plan to address the continent’s deepening housing crisis, aiming to boost construction and regulate...
China Vanke faces reality check as bond extension talks drag on
Financial institutions including banks have in general become less patient with struggling developers
Spain fines Airbnb 64 million euros for posting banned properties
A tourism boom has driven the buoyant Spanish economy
Japan to require real estate buyers to reveal nationality
All buyers will have to report when acquiring for investment or residential purposes
US homebuilder sentiment edges up with help from incentives
Mortgage rates have been hovering in the 6.3% to 6.4% range for the past couple of months
CDL inks deal to sell Quayside Isle @ Sentosa Cove for S$97.3 million
The buyer is understood to be an entity owned by Patrick Kho
Indonesia’s Danantara marks first overseas deal with Mecca asset purchase
The purchase is part of a long-term plan to support better services for Indonesian haj and umrah pilgrims
New home sales shrink in November after October spike, with only one project launched
Developers sell 325 units, down 86.6% from October’s high, and 87.3% lower on a year-on-year basis
Are condo and car ownership getting harder for Singapore’s upper middle class?
Rise in private-home prices and car COE premiums outpaces income growth of 80th percentile of households
China home-price slump persists even as authorities vow to address downturn
The prolonged property crunch is fuelling a rising sense of anxiety among Chinese officials
China developer Vanke plans second bondholders’ meeting to avoid onshore default
The bond tranche is due on Monday and has a five-business-day grace period
The real price of a London apartment has sunk 22% in the last decade
A series of factors, from Brexit to tax hikes, have reined in a market once seen as overvalued
ESR-Reit sells 8 Singapore assets to Brookfield for S$338.1 million; sale would trim distribution
The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay
In danger, there’s opportunity: How SingHaiyi’s 29-year-old scion is reshaping the property group’s next chapter
How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership
China Vanke bondholders reject payment extension, raising default risk
The rejection grants the developer 5 business days to pay the 2 billion yuan on the onshore bond
Hongkong Land shares close 3.5% down following news of S$8 billion real estate fund
The new fund will be the biggest private real estate fund in Singapore
New, smaller landed homes draw upgraders as landed property supply stays broadly flat for 25 years
[SINGAPORE] Smaller, newly built landed homes are drawing more HDB and condominium upgraders, even as the supply of landed homes has stayed...
Hongkong Land hives off MBFC Towers 1 and 2, One Raffles Quay into new S$8 billion Singapore private fund
It will be Singapore’s biggest private real estate fund; move follows divestments of other major assets
Graphic: A timeline of the Hao Mart-OG clash
[SINGAPORE] Food and dining-focused mall Taste Orchard has made its waves in the news – from empty units to legal battles among...
Hao Mart’s Taste Orchard woes: Evicted tenants worry over compensation as move-out deadline looms
They have been seeking compensation from Hao Mart for renovation costs and loss of business
Manhattan rents hit record high as Mamdani won mayoral election
Rent prices in some of the city’s outer boroughs also continued to rise
Seoul home prices extend rally as government mulls cooling steps
The persistent rally in property prices has kept the BOK’s board from resuming the monetary easing cycle in recent months
Tax raid deepens London’s housing market downturn: agents
Prospective buyers also face pressures from weaker real wage gains and a deteriorating jobs picture
Property agents bought up to 20% of some new condo launches: did ‘first dibs’ buying heighten Fomo?
Such activity does not breach regulations, but some in the industry are concerned that it crowds out the public
Hong Kong builder Parkview secures US$940 million loan refinancing
Used-home prices in top-tier cities are projected to drop another 10% in 2026
JD.com to buy stake in Hong Kong’s CCB Tower for HK$3.5 billion
Lai Sun Development has been seeking to offload assets to improve liquidity
China Vanke aims to avoid default as bondholder vote begins
The company needs approval from holders of at least 90% of the amount owed
Modest HDB resale price growth expected in 2026 amid rising supply
Analysts project resale prices of Housing & Development Board flats to rise by 1-5%