Consortium led by UOL, CapitaLand Development places top bid of S$805.4 million for Holland Drive site
A 99-year leasehold private residential site near Holland Village MRT station has drawn three bids at a state tender that closed on...
China’s property ‘whitelist’ lifeline stutters amid sector gloom
WHEN China’s local governments began compiling a “whitelist” of housing projects for loans earlier this year, troubled developers hoped it would open...
CDL acquires Hilton Paris Opera Hotel from Blackstone funds for 240 million euros
CITY Developments Limited (CDL) has acquired Hilton Paris Opera Hotel from funds managed by Blackstone for 240 million euros (S$350.2 million), it...
Vang Shuiming sentenced to 13 months, six weeks’ jail
VANG Shuiming, one of the 10 individuals embroiled in Singapore’s largest money laundering case, was on Tuesday (May 14) sentenced to 13...
Big-name funds pile into real estate debt as banks retreat
SOME of the world’s largest investors are making deeper inroads into lending to commercial property, as they snap up market share from...
CK Asset cuts prices for Hong Kong houses by a third to boost sales
HONG Kong developer CK Asset Holdings has slashed prices for some homes by a third, as market competition heats up.
UK housing rents driven by record migration, analysis finds
BRITAIN’S rental crisis is being driven by record net migration as the housing supply fails to keep pace with a growing population...
Chinese builder Agile defaults for first time on dollar bonds
AGILE Group Holdings, a Chinese developer of villa apartments and high-rise homes, defaulted for the first time on publicly issued US dollar...
New Zealand houses take longer to sell as buyers bide their time
NEW Zealand houses are taking longer to sell as high interest rates and a weak economy make buyers more selective.
India’s DLF Q4 profit surges on sturdy luxury housing demand
INDIA’S top real estate firm DLF reported a nearly 62 per cent rise in fourth-quarter profit on Monday (May 13), aided by...