Property
HDB resale prices down 0.1% in Q1, first fall in nearly 7 years: flash data
Despite overall activity moderating, the market for flats transacting at S$1m and above remains active
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% to 4,401 units as at mid-March
US mortgage rates march higher to seven-month high of 6.57%
The rate has surged nearly half a percentage point, the biggest advance since 2024
Bugis Junction Towers put on the market at S$685 million valuation
This works out to S$2,750 psf on net lettable area and a net yield of around 3.5% for the fully let office asset
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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
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
