London gets a taste of New York’s cut-throat real estate culture
Sotheby’s agents earn a net fee of 20% on each deal, and once they hit £500,000 worth of fees in a year,...
Market News
Market News
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, launch share buyback programme
The sum of HK$6.3 billion will be paid over time as individual floors are transferred to the exchange
Rise in private home prices eases in Q1, up 0.8% as market finds new equilibrium
Price growth moderates from 2.3% increase in previous quarter, even as brisk home buying continues
HDB Q1 resale price growth slows to 1.6% on higher housing supply
Transaction volume of resale flats rises 2.6% in the quarter, to 6,590 units
Office rents in Singapore’s central region up 0.3% qoq in Q1 2025: URA
Islandwide office vacancy at 11.7% as at end-Q1, up from 10.6% as at end-Q4
US existing home sales fall more than expected in March
[WASHINGTON] US existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely...
Ong Beng Seng’s next court date fixed for Jun 10
He steps down as managing director of HPL at the close of the group’s AGM on Apr 29
Companies are renting bigger London offices, undoing Covid cuts
It is the first time vacancies have fallen since the first quarter of 2020 when the rate was 4.6 per cent, CoStar’s...
Teo Hock Seng’s Good-Class Bungalow in Old Holland Road sold by private treaty
The 23,148 square foot site has been sold at an undisclosed price
Tepid Q1 shophouse sales, but market remains resilient amid volatility: PropNex
Shophouse sales fall to 19 caveated deals in Q1, from 24 in the last quarter
US new home sales jump in March; supply still rising
[WASHINGTON] Sales of new US single-family homes increased more than expected in March as buyers rushed to take advantage of a decline...
Fireworks at CDL AGM, but shareholders vote strongly in favour of all resolutions
These include the re-election of numerous independent directors as well as a share purchase mandate
Grade-A office rents to stay flat in 2025: Savills Singapore
But super-premier buildings are likely to outperform amid the upheaval from the US trade tariffs, says the consultancy
London rents surge, but why are landlords miserable?
New environmental rules undermine the laws of economics
UK homebuilders say planning headaches starting to ease
The Office for Budget Responsibility expects to see 1.3 million more homes by the end of the decade
ERA partners NTUC to strengthen real estate agents’ welfare and upskilling
The collaboration covers staff training, workplace support and healthcare benefits
Elias Green’s collective sale closes with no bids
It is now moving into a 10-week private treaty period
Sino Group’s Robert Ng and children designated politically significant persons under foreign interference law
[SINGAPORE] Sino Group chairman Robert Ng and his three children have been designated as politically significant persons (PSPs) under the Foreign Interference...
Dubai luxury property boom hits new record before tariff turmoil
The luxury end of the emirate’s real estate market has benefited from an influx of wealthy expats
JPMorgan to expand San Francisco office in boost to downtown
The city has struggled more than other areas to recover from the pandemic, leaving office vacancies near record highs and hurting tax...
As Ong Beng Seng exits HPL management, selling his stake is logical next step
A new controlling shareholder might help deliver better results on the potential mega Orchard Road redevelopment
Singapore GCB market sees interest picking up amid global uncertainty
Buyers are becoming “more discerning” and sellers more willing to engage on pricing, say market watchers