Market News
South Korea’s president vows to smash ‘devil’ of housing speculation
He says that soaring housing costs are forcing young people to abandon plans for marriage and childbirth
Hong Kong’s top developer seeks HK$5 billion loan after hiatus
Sun Hung Kai typically seeks syndicated loans annually and has rarely skipped raising them over the past decade
CapitaLand India plans 50 billion rupees debt sale to trim FX costs
The shift marks a pivot for the Singapore-listed trust as higher rates and currency swings reshape funding
Asia-Pacific real estate net buying intentions hit 4-year high, survey shows
Singapore ties Seoul for third as Tokyo tops the most preferred markets for cross-border real estate investment
Hongkong Land launches S$8.2 billion private fund with portfolio including Asia Square Tower 1 and One Raffles Link
Singapore’s largest commercial real estate private fund is targeting to reach at least S$15b in gross asset value
SLA launches tender for pre-WWII heritage bungalow cluster at historic Adam Park site
The successful tenderer is required to retain the rustic charm of the site, SLA says
Gold rebounds more than 3% after sharp sell-off
Non-yielding bullion tends to perform better in low-interest-rate environments
Chicago office tower sells at an 87% discount to pre-Covid-19 price
The city’s office vacancy rate has climbed to about 27% in the fourth quarter
Couple caught in 99-1 property deal sue salesperson, PropNex unit, law firm for S$367,405
PropNex says it is in process of obtaining legal advice; board intends to ‘vigorously defend the suit’
HDB to launch 1,600 BTO flats in Lakeview and Shunfu; first new supply in over 40 years
The first 1,200-unit Lakeview project will be launching in June this year
UK house prices rebound at start of year, Nationwide Building Society says
The average price of a property has increased by 0.3% in January to £270,873
Hopeful signs in China’s property market? Not really, say developers
Continued declining home sales point to a market that hasn’t stabilised
Ex-JTC chief Tan Boon Khai named Therme Group Singapore CEO
The veteran will lead the development of ‘Asia’s first next-generation urban well-being destination at Marina South’
China Vanke’s record loss leaves developer at mercy of state backer
The company has been wrestling with a liquidity crunch for more than two year
Home prices rising by the week shatter ownership dreams in Seoul
Tougher mortgage limits have transformed South Korea’s capital into one of the most restrictive home-loan markets in the world
Australia’s home-price gains accelerate even as rate hike looms
Perth has recorded the fastest price growth at 2%
CDL’s Newport Residences sells 57% or 140 of its units at launch
Meanwhile, Narra Residences in the Dairy Farm area records take-up rate of about 25%
China new home prices rise in January as government signals support
New home prices rose 0.18% month-on-month, easing from a 0.28% gain in December
China Vanke warns losses widened to record last year
The results illustrate how the country’s years-long property crisis is not over
Shorter waits for 1,300 BTO flats on sale in Feb; Tampines project to be ready in less than two years
It is one of the fastest flat completion times since such shorter waiting time projects were introduced in 2018
CapitaLand Investment provides advisory services for The Clementi Mall, holds minority stake in asset
The tie-up aligns with its long-term strategy to grow fee income through a capital-efficient, partnership-led approach
Hong Kong’s housing market rebounds with renewed city buzz
Home prices rise 3.25% in 2025, the first annual increase in four years
Even London’s ever-optimistic brokers see gloom for luxury homes
Savills predicted that prices would drop 4% in 2025 – its most bearish call in years
Vietnam to sell tycoon Truong My Lan’s yacht and Hermes bags to pay for fraud
Apart from imprisonment, Lan has to pay about US$27 billion in reparations
Blackstone in advanced talks to be New World Development’s largest shareholder
Under the proposed deal, the US company would be able to restructure the embattled developer
Singapore property investment sales reach S$34.1 billion in 2025, highest in 8 years
Savills expects 2026 figure to be on a par, amid lower financing costs, asking prices and opportunities for asset repositioning
Melvin Lim, Grayce Tan step down from KW Singapore leadership roles; Jonathan Lee appointed to lead agency
Rumours of potential exits are circulating within the industry, sources say
China developers ceased reporting ‘three red lines’ for years
The move signals how dramatically the authorities have changed their position on the real estate sector
Anchorpoint shopping centre up for sale with S$295 million guide price
This works out to around S$3,751 per sq ft on its existing net lettable area of 78,636 sq ft
South Korea to fast-track housing supply in Seoul to cool prices
The persistent strength in housing prices has added to concerns over household debt and financial stability
38 Oxley Road to be acquired after being gazetted as national monument
This move comes in a bid to ‘safeguard and preserve (the site)’, to keep with its historic significance and national importance
PropertyLimBrothers CEO Melvin Lim, vice-president Grayce Tan resign; Marc Chan appointed interim CEO
The changes follow online rumours surrounding Lim and Tan
Share of loss-making deals in condo resales creeps up in Q4: report
The biggest losers were mainly in the prime Core Central Region, with losses of S$407,531 to S$2.2 million
Khazanah, Temasek seen putting Marina One up for sale at S$5 billion to S$6 billion
M+S is expected to offer 1.88 million sq ft of offices and 140,000 sq ft of retail space in the integrated development
Hong Kong home prices rose for first time in four years in 2025
They are likely to grow 5% in 2026
Vanke gets approval for more bond repayment deferrals as China is seen stepping in to avert immediate default
Beijing has rolled out a number of measures aimed at supporting the property market
Dubai financial sector hub set for multibillion-dollar expansion
The development will have capacity to host 42,000 companies and will be delivered by 2040