Singapore Property Market News
Some 22 luxury condos linked to S$3 billion money laundering case resold for S$116 million since August 2024
About S$420 million, comprising cash and liquidated proceeds, has been paid into the Consolidated Fund as at end-March
Sunray-linked Phoenix Property puts luxury hotel QT Singapore on the market
Recently sold boutique hotels fetched S$1.6 million to S$2.1 million per key
URA launches tender for ‘Next-Gen Driving Centre’ set to replace Bukit Batok Driving Centre
The BBDC land is set to be redeveloped for new residential developments
Australia home rents surge as vacancy sinks to record low
On an annual basis, rents have jumped 4.3%
Swiss national buys 3,057 sq ft unit at The Marq on Paterson Hill for S$6,274 psf
The buyer is understood to be Kristian Jebsen, whose family is selling out of integrated global shipping company Gearbulk Holding
UK house prices post first decline since May: Halifax
The market is still trying to find its footing after an increase in transaction taxes earlier this year
CDL, Mitsui Fudosan to launch Zyon Grand with prices from S$2,689 psf
The River Valley project comprises 706 units across two 62-storey towers
Elliott asks to buy Sumitomo Realty stake from corporate holders
Firms with high percentages of such holdings are often targeted by activist investors
EC prices hit new highs amid rising land costs, fierce developer competition
Median prices of new and resale units are more than double 2015 levels, hitting their highest since 1996
John Lim’s family office sells conservation shophouse at 65 Club Street for S$21 million
Buyer is linked to UHNW Singapore PR; separately, Swiss national pays S$6,274 psf for unit at The Marq on Paterson Hill
Singapore property investment sales climb to S$10.5 billion in Q3, led by GLS and Reit activity
Knight Frank anticipates the investment market will close the year near the upper end of the earlier S$27 billion to S$29 billion...
UK plans to cuts costs and delays in housing sales
[LONDON] Britain’s government said on Sunday it would seek to streamline the process for home-buying under its latest plans to give a...
The US housing shortage is over (sort of)
The sector is more likely to be a source of stress next year than a catalyst for growth, even with the Fed...
New York’s Roosevelt Hotel may make way for new skyscraper
[NEW YORK] Pakistan is considering options for the Roosevelt Hotel in Midtown Manhattan as part of the country’s efforts to meet its...
High-floor office unit in GB Building at Tanjong Pagar up for sale at S$10.8 million
The building’s ground-floor retail podium was recently sold for S$39.2 million, or S$3,000 per square foot
Dubai developer Binghatti in talks with Citi, Morgan Stanley on IPO: sources
It is seeking to tap into a real estate boom in the emirate
Redas calls for stronger push to attract young talent in built-environment sector
The association urges members to step up with internships, mentorships and scholarships amid shortages
US mortgage rates climb for a second week, reaching 6.34%
Many house hunters remain on the sidelines, waiting for borrowing costs to fall further or concerned about the job market and where...
UOL, SingLand and CapitaLand complete S$810 million Thomson View en bloc deal
The residents stand to receive between S$2.2 million and S$4.9 million each, depending on the size of their unit
Spanish-turned-Singaporean tycoon sells six shophouses in Stanley Street for S$82.4 million
The portfolio’s new owners are affiliates of Singapore-based Clifton Partners
CapitaLand Investment brings new-to-market brands to malls in China, rides ‘emotional consumption’ wave
Keeping its offerings fresh and appealing to consumers’ desire for inexpensive items that bring them comfort helps it to keep pace with...
South Korea’s property market rally clouds case for central bank rate cut
Some deals have been done at prices exceeding current market values
Manhattan home sales jump to two-year high led by cash buyers
More than 90% of deals above US$3 million were in cash
US mortgage rates rise, stalling nascent recovery in home demand
The index of home-purchase applications has slipped 1%