Market News
Higher income ceiling for executive condos could boost buyer demand, developer confidence
The ceiling will be raised to S$18,000 for ECs and to S$16,000 for HDB BTO flats
Hongkong Land’s SCPREF shows private funds may trump Reits for asset-light strategies
Might other groups inject premier Singapore commercial properties into private platforms?
Hong Kong homebuyers left cold by prices in far-flung tech hub
The first residential sales in the city’s Northern Metropolis get off to a middling start
Aw & Sons’ Josh Hu takes co-living into the heartlands with Mber
This is the third-generation scion’s attempt to modernise his family’s property business, one curated project at a time
Londoners find ‘horrendous’ cracks in their homes after successive heatwaves
The development could lead to increased insurance premiums and depressed house prices
Upbeat outlook for CDL, UOL after strong H1 earnings, but analysts turn cautious on PropNex, Apac Realty
Much-anticipated catalysts are expected to fuel growth with CDL’s strategic review and UOL’s Marina Square project
Frasers Property partners Malaysia’s Tan & Tan to develop 5-ha mixed project in Petaling Jaya
The first phase includes a residential component, to be launched for sale next year
Housing slump winners, losers emerge from Australia’s earnings
Changes to tax settings are potentially shifting demand away from existing investment properties and toward new homes
Japan real estate investment set to hit record for second year
Investment volume is forecast to climb to seven trillion yen this year
China Evergrande founder sentenced to life in prison
This ends Hui Ka Yan’s rags-to-riches story but is unlikely to bring much solace to developer’s domestic and foreign creditors
Hong Kong’s student housing crisis spurs bank lending boom
The city’s loan bankers find a new sweet spot – turning old buildings into student dormitories
US housing market remains under pressure in July
Contract signings for existing homes are down 2.3% on the month to the lowest level since January
Vietnam to reform land acquisition rules to boost economic growth
The proposal comes in response to delays to several projects because of disputes over compensation and resettlement
China widens use of US$1.6 trillion fund to spur spending on homes
The fund has more than the outstanding amount of mortgage loans
Australian regulator finds mortgage fraud across major banks
Agency finds inflated incomes, misrepresented employment and fabricated business activity were used to support loan applications
Oei Tiong Ham Park area GCB sold for S$31.3 million
This translates to about S$2,089 psf on freehold land area of about 14,982 sq ft
Raj Kumar, son Kishin in exclusive due diligence to buy Scotts Square for S$320 million
The freehold mall has potential for substantial refurbishment and repositioning
Miami’s skyline is getting super tall
At least 10 new skyscrapers will be built in the next five years. The rush in development has some experts worried