Market News
Cape Town housing is booming but many residents are unhappy about it
More than one-third of its residences are reserved for short-term rentals on Airbnb
China’s new home prices rise in March; big cities see seasonal pickup
New home prices in 100 cities rose 0.05% from a month earlier
Singapore private home prices rise 0.3% in Q1, easing from 0.6% in Q4: URA flash data
Prices inch up even as market activity softens, with sales volume falling nearly 40% per cent to 4,401 units as at mid-March
HDB resale prices fall for first time in nearly 7 years; down 0.1% in Q1: flash data
Despite overall activity moderating, the market for flats transacting at S$1 million and above remains active
Trump tax law’s expansion of affordable housing credit hits snag
The legislation boosts potential deal sizes, but complex rules now leave few banks able to finance them
Sydney, Melbourne home prices decline as affordability bites
Sydney fell 0.1% while Melbourne declined 0.2%
CDL CEO Sherman Kwek’s FY2025 pay jumps 71% to S$5.1 million as group profit triples
Executive chairman Kwek Leng Beng’s pay is also up, rising 24% year on year to S$7.4 million
JD.com-backed group picks banks for IPO of Singapore Reit: sources
The listing, which could raise about S$1 billion, may take place as soon as this year
Brazil football legend Ronaldo buys US$7.8 million penthouse in Miami
The waterfront penthouse has five bedrooms, seven bathrooms and a sweeping rooftop deck with a private pool
UK home prices in fastest rise since 2024; Iran war ‘clouding the outlook’
The 0.9% increase in March beats the 0.3% growth a month earlier
Auto-finance dealer Orchard Credit puts Leng Kee building up for sale at S$49 million
The price tag translates to a land rate of S$599 psf
Some Airbnbs are topping US$6,000 a night in World Cup housing frenzy
The fervour is reshaping the lodging market in match cities across the United States
Time to cool EC demand: drop deferred payment scheme, lengthen MOP, tighten resale restrictions
Moderating growth will benefit eligible buyers without access to abundant liquidity
Mega mixed-use Bayshore site for 1,280 homes could draw bids of up to S$2 billion
Analysts expect keen developer interest, with land costs projected to top S$1 billion and consortium bids likely
Student housing still core to strategy, Mapletree says after fund wind-down
The group will launch a new UK student housing fund this year
Mapletree leans into core strength in US logistics as it winds down student housing fund
Disruptions such as trade tariffs have driven US logistics demand as more warehouse space is being leased on reshoring and supply chain...
Pinery Residences sells 92.5% of units at average price of S$2,546 psf at launch
A significant proportion of buyers could be upgraders from within Tampines, say real estate players
Tanoto family’s Pacific Eagle Real Estate seeks S$118 million for Bukit Timah mixed-use property
The company had earlier acquired the site in a 2021 collective sale for S$53.9 million
Hong Kong’s home prices climb for ninth straight month in February
Residential prices climbed 3.6 per cent in 2025, the first increase since peaking in 2021
English homes most affordable since 2015, deposit hurdle remains
Affordability in London has improved faster than any other region
UAE developers rush to reassure investors wary of Iran war risk
Their moves reflect a rapid shift in sentiment; brokers say many buyers are adopting a wait-and-see approach
Couple sues ERA, agent and law firm for S$731,212 over alleged misrepresentation in ‘99-1’ property deal
Claimants seeking to recover additional tax and surcharge imposed for illegal stamp duty avoidance on their condominium purchase
Forsea, Qingjian’s S$1,556 psf ppr top bid sets benchmark for residential land in one-north area
First parcel released in new Dover-Medway estate for a 625-unit project draws six bids
Mapletree Investments winds down fund as US$1.4 billion student dorm bet sours
Its net internal rate of return by the end of last year was just 1.1%
China Vanke seeks bond delay again as it works on restructuring plan
The distressed developer has been wrestling with a liquidity crunch for more than two years
SMBC asset management arm, Aravest get US$165 million for Apac real estate credit
The strategy spans the asset life cycle, including construction, bridge and stabilised stages
US mortgage rates jump further to five-month high of 6.43%
Higher borrowing costs represent a headwind for the long-suffering housing market
Pek Chuan Building back on the market at same guide price of S$80 million
This is owners’ second attempt to sell the four-storey commercial building