Singapore Property Market News
London housing rents fall for the first time since the pandemic
Rents in the city of 9 million people are now £2 cheaper than a month ago
Koh family behind Aspial Corporation puts 15 East Village retail units up for sale at S$71.8 million
East Village comprises 108 retail units on the ground floor and 90 residential units above the retail podium
Historic Moulmein Road site draws 13 bidders for master tenancy of cluster, with bids for monthly rent of up to S$388,800
Another tender for the commercial use of 20 heritage bungalows in Sembawang attracts five bids
Amazon expands space at WeWork’s offices in midtown Manhattan
[NEW YORK] Amazon.com signed a new lease with WeWork that will allow the retailer to expand its presence in midtown Manhattan.
Hong Kong property sector clouded by rising debt repayment risks
The majority of the city developers’ debt comes from bank borrowings
Singapore Shopping Centre back on the market at S$200 million
This asking price is 21.6% lower than the S$255 million reserve price in the 2020 en bloc attempt
New Zealand to reform consent process to spur building industry
The government wants to reinvigorate the industry as a tries to revive a sluggish economic recovery
GuocoLand bucks overall market slide on Springleaf sales as shares rise 1.1%
The development is the seventh project to be launched in Upper Thomson’s District 26
UK house prices drop £11,000 during summer lull: Rightmove
More inventory coming to market is putting a lid on house values, with prices up just 0.3% year on year
GuocoLand, Hong Leong sell 870 units or 92% of Springleaf Residence at average S$2,175 psf
Pricing was compelling next to other new suburban and EC projects, say agents
Canadian home sales rise for fourth straight month as buyers return
The total number of properties up for sale across the country last month was 10.1% higher than last year
A London apartment tower with echoes of Victorian rail and Ancient Rome
Despite its somewhat artisanal look, the construction methods used are contemporary
Developers’ new home sales set to cross 1,500 units in August after July surge on wave of new launches
Last month, 940 new private homes were sold – up 250% on month and 63.2% on year
China’s new home prices fall again, but declines ease in major cities
The central government has, in the past few months, continued to call for stabilising the property market, signalling further policy support
New Zealand may be poised to loosen foreign home-buyer ban
As at Aug 8, there have been 267 applications for the golden visa covering 862 people, Immigration New Zealand data shows
China mulls asking firms run by central government to buy homes: sources
The renewed effort, which is still under discussion, could help speed up the clearance of China’s 408 million square metres of excess...
Manhattan apartment hunters face record rents and bidding wars
High mortgage rates are at least partly to blame for the bifurcation
Road King becomes first Hong Kong developer to default on offshore bonds
ROAD King Infrastructure has suspended coupon payments of US$22.62 million on its offshore bank debt, it said on Thursday, making it the...
Evergrande liquidators target founder’s assets in pivotal stage
The property developer will be removed from the Hong Kong stock exchange on Aug 25, a year and a half after the...
Shares of UOL, PropNex surge 5% following H1 results
The SGX-listed property companies have reported a rise in earnings for the period
UK housing market loses momentum as tax worries surface: RICS
[LONDON] A recovery in Britain’s housing market lost steam at the fastest pace in a year last month as some buyers worried...