China Evergrande to delay 2023 annual results; shares remain suspended
CHINA Evergrande Group flagged a delay in publishing its annual results as its liquidators are taking time to “ascertain the current state...
Dubai ruler’s firm refinances US$8.2 billion to tap property boom
DUBAI Holding refinanced a US$8.2 billion loan to replace older facilities at the two state-backed developers it absorbed last month, better positioning...
US home prices jump by most in nearly two years in February
US HOME prices leapt in February by the most in nearly two years, federal housing authorities reported on Tuesday (Apr 30), reflecting...
UK’s second biggest mortgage lender pulls offers over flood risk
THE UK’s second biggest mortgage provider has stopped making loans on homes at risk of flooding, over fears they may become uninsurable...
China state firm to sell 20 Shanghai office towers in downturn
A MAJOR state-owned landlord in Shanghai is offering to sell most of its office buildings for at least 30 billion yuan (S$5.64...
Strained Chinese cities struggle to pay home-buying subsidies
AMY Wang was counting on a 100,000 yuan (S$18,800) subsidy promised by authorities in the eastern Chinese city of Weifang to fit...
Hong Kong’s negative equity mortgage cases rise to 20-year high
CASES of negative equity in Hong Kong’s residential mortgage loans rose 27 per cent in the first quarter from the previous one...
UK mortgage approvals rise for sixth month to highest since 2022
BRITAIN’S housing-market recovery continued into March as mortgage approvals rose for a sixth month, Bank of England (BOE) figures show.
URA prepares massive site in Sengkang to house new residential estate
SEVERAL large parcels of land have been earmarked for residential use in Fernvale North, a housing estate set to take shape in...
Blackstone in talks to buy Dulwich schools in Singapore, Seoul for US$600 million
BLACKSTONE is nearing a deal to buy some of Dulwich College International’s Asian assets for about US$600 million, according to sources with...