Singapore Property Market News
Court orders hotelier Allen Law to pay S$29 million to Park Hotel liquidators
Together with his companies, he is jointly and severally liable to pay another S$4.29 million
Second Woodlands executive condo plot released for tender
It is in the vicinity of Woodlands South MRT station
Philippines’ richest man faces scrutiny over empty land 25,000% value gain
The nation’s SEC has fined the company and its senior executives and directors for failing to file financial results on time
Saudi Arabia plans mega Mecca expansion to tap pilgrim gold rush
King Salman Gate is set to add praying areas, residential units, hotels and shops in an area spanning 12 million square metres
IOI starts phased marketing of W Residences Marina View Singapore, from S$3,230 psf
Developer will release 100 units of the 683-unit branded residence project from Oct 25
September new home sales fall to a low, but strong rebound expected in October
Developers sold 255 private homes in September, down 88.1% on month and 36.4% on year
HDB launches 9,144 BTO flats, including first in Mount Pleasant, Berlayar estates
The upcoming blocks will be between 19 and 46 storeys high, and one of them will have rental flats
Wealthy dynasty seeks 3.2 billion baht for rare marina in Phuket
The Thai island is one of the country’s most famous destinations due to its white sand beaches
South Korea imposes additional mortgage curbs for homebuyers in Seoul
[SEOUL] South Korea announced on Wednesday (Oct 15) additional mortgage curbs for first-time homebuyers in the capital Seoul and nearby regions after...
Britain lost over 1,500 homebuilders in past year on weak demand
The deterioration has also been driven by a planning system that’s fallen into dysfunction over the past decade after years of austerity...
China’s biggest builders hobble towards end of restructurings
Many defaulted companies are still working on onshore debt plans also
Mega-rich plotting return to London, Sotheby’s housing boss says
Demand has been driven by an influx of American buyers whose interest has helped keep the luxury market afloat with US dollar-driven...
Warburg Pincus executive buys S$23.9 million Singapore mansion
The property is a short distance from the Vietnamese embassy and the Holland Village expatriate enclave
RBNZ plans to ease restrictions on higher-risk housing loans
Relaxation of the restrictions comes as the housing market has languished, with prices dropping to a two-year low in August
Country Garden secures US$1.14 billion loan-to-equity conversion as part of restructuring
The property developer has defaulted on billions in offshore bonds in late 2023
Well-capitalised chains holding up Singapore retail occupancy, rents, as challenges open duality in market
Retail success said to hinge on differentiation as brands vie to stand out amid rising costs and competition
London’s costly office refurbishments push Chinese owners towards exit
The city stands out as the world’s most international real estate market, with the last decade seeing a major influx of investors...
Singapore wins when a foreigner pays S$6,274 psf for a luxury condo here
Lowering ABSD for sales of big ticket luxury condo homes to foreigners could yield benefits
China Vanke chairman abruptly resigns from stressed builder
Xin Jie’s resignation is due to personal reasons, according to the filing
Singapore luxury hotels poised for rebound following F1, Mice season boost
This follows a subdued H1 for most hotels, with the exception of Marina Bay Sands
Central London’s exorbitant rents are starting to spill over
[LONDON] London’s most desirable neighbourhoods are out of reach for all but the most affluent tenants, and the effects are rippling out.
Skye at Holland almost sold out at average price of S$2,953 psf
The 99 year-leasehold condominium in Holland Village moves 658 units or 98.8 per cent over launch weekend
US 30-year fixed mortgage rate falls; prospective buyers stay on the sidelines
There has been no surge in home loan applications, with homeowners taking advantage of lower borrowing costs to refinance