London's Canary Wharf sees £1.2b slashed from property values
PROPERTY values in London’s Canary Wharf financial district fell by £1.2 billion (S$2.1 billion) over the past year, led by a decline...
Commercial real estate debt is back with 170% jump in sales
COMMERCIAL real estate was one of the scariest assets in the US last year. This year, investors are warming to it once...
Chinese city of Chengdu relaxes home-buying rule to revive sales
CHENGDU, a major city in south-west China, removed home-buying curbs, joining dozens of peers in the country in an attempt to revive...
Vanke slams Moody’s downgrade, citing shareholder support
CHINA Vanke Co made a rare response to Moody’s downgrade last week, citing support from financial institutions and its biggest shareholder.
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
SINGAPORE’S private housing prices rose at their slowest quarterly pace in almost three years, as home sales slowed, supply expanded, and rents...
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
AFTER climbing 27.5 per cent over nine consecutive quarters, the Urban Redevelopment Authority’s (URA) office rental index for Singapore’s central region fell...
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
RENTS of retail space in Singapore’s central region dipped 0.4 per cent in the first quarter of 2024, extending a decline of...
Country Garden plans to present debt revamp plan in H2, sources say
COUNTRY Garden has told some of its offshore creditors it plans to present a debt restructuring proposal in the second half of...
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HONG Kong home prices rose for the first time in almost a year in March as the city’s removal of property curbs...
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
HOUSING and Development Board (HDB) resale prices rose 1.8 per cent in the first quarter of 2024, faster than the 1.1 per...