Peter Kwee registered properties in daughter’s name to avoid estate duty: lawyers
Tycoon’s legal team says he ‘genuinely believed’ that placing properties under family members’ names would allow him to retain ownership of the...
Property Market News
Singapore Property Market News
US homebuilders near S&P 500 bottom on high rates and tariff fears
INVESTORS are ditching US homebuilder stocks at a record pace as elevated borrowing costs bruise the industry’s prospects and signal that the...
Freehold River Valley Apartments sells for S$56 million to a Singapore family office
URA has granted an outline planning permission for serviced apartments on the site
Exodus of F&B tenants from National Gallery after leases not renewed in major museum refresh
Several restaurant owners say they were blindsided when they were told to leave after their tenancies expired
Transforming Singapore’s CBD will take a whole lot more than new homes
An ecosystem of amenities, community-bonding activities and, above all, daring prescriptive policies such as lowering the ABSD may be needed to liven...
Indonesia to sell bonds to fund Prabowo’s low-cost housing
This is the latest move by the central bank in showing its support for President Prabowo Subianto’s priority programmes
Chinese builders lean on court for overhaul as debt woes deepen
The expanding list of Chinese developers seeking the court’s help is the latest sign of stress in a property debt crisis that’s...
US mortgage rates drop for fifth straight week, falling to 6.85%
Supply constraints that have plagued the housing market in recent years are starting to ease
Hong Leong-led group to launch Lentor Central Residences; prices start at S$975,000
The 477-unit condominium is the sixth new project in the Lentor Hills area
US federal mortgage insurer to lay off about half its workforce: sources
Officials are preparing to cut employees at the Federal Housing Administration
China’s new home prices stagnate in January as demand struggles
CHINA’S new home prices stalled in January, official data showed on Wednesday (Feb 19), suggesting declining demand in the crisis-hit property sector...
New York City’s 590 Madison goes up for sale at roughly US$1.1 billion
The tower is one of New York’s biggest trophy assets to be actively marketed for sale since the pandemic
Blackstone extends US$1.3 billion loan on Chicago’s Willis Tower
Property owners have often sought extensions to help manage debt loads as interest rates remain high
New World proposes additional US$3.8b for loan collateral
HONG Kong developer New World Development has proposed using US$3.8 billion of additional properties as collateral to refinance bank loans maturing in...
Developer Greentown China plans additional dollar bonds to refinance debt
The proceeds from the new issues will be used partly to fund the repurchase of two of its dollar bonds
Dubai developers score red-hot profits from global homebuyers
Property firms are now using their big profits to keep building to attract even more buyers
Kallang/Whampoa, Queenstown BTO projects most popular in Feb launch, but overall demand muted
FOUR-ROOM flats in city-fringe estates Kallang/Whampoa and Queenstown were the most popular among first-timer families in the latest Build-To-Order (BTO) sales exercise.
New home sales surge 256% on year in January, buoyed by new project launches
Excluding ECs, new private home sales mark the highest volume for the month since 2021
Is S$2.5 million an affordable price tag for a new leasehold 3-bedroom condo?
Even high-income earners might find these prices challenging for a 1,000 sq ft unit in projects outside of the prime districts
London faces UK’s worst home sales logjam before stamp duty hike
Rightmove expects the capital will see “the biggest logjam of first-time buyers trying to complete before March”
Defaulted Chinese companies face rising risks in court hearings
DISTRESSED Chinese companies are facing a torrent of court hearings in Hong Kong this week, as the risk of liquidation rises for...
29,000 older HDB flats to be upgraded in latest round of Home Improvement Programme
Over S$407 million has been allocated to spruce up 371 blocks located island-wide
Australia to ban foreigners from buying some homes as costs soar
Australia’s government will ban foreign investors from buying established houses for the next two years as part of an election pitch to...