Property

Centurion Corporation unit acquires 65% stake in factory building plot for S$4.8 million

The aim is to develop and operate a purpose-built workers accommodation on the site

The new AI park at one-north is likely to boost demand for industrial spaces in the area, say analysts.

Government’s AI push set to spur interest in one-north tech hub: analysts

CapitaLand, CapitaLand Ascendas Reit, Keppel DC Reit stand to benefit from drive to build artificial intelligence ecosystem

Beijing city has further relaxed rules for non-resident homebuyers in December.

China resale home prices fall at slower pace in positive sign

Prices in 70 cities drop 0.5% in January from December, according to National Bureau of Statistics data

Analysts say the involvement of state firms may cushion the pace of further home price falls and ease the drag that the property slump has had on China’s economic growth since 2021.

State firms in China buy foreclosed properties to slow downturn

State-firm purchases can partly compensate for weak private demand and ease supply pressure on prices

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Dubai luxury property firms continue to count on wealthy buyers from overseas and other investors to keep snapping up high-end real estate.

Dubai developer H&H sees luxury property boom continuing in 2026

The firm seals a deal for a 106-key Capella hotel, bringing the Singaporean luxury chain to the city

One emerging bright spot for the housing market is signs of improving affordability, with mortgage rates receding recently, along with price growth.

US home resales fall most in four years despite lower rates

Without an extended period of improved affordability, the recovery in the housing market is likely to be prolonged

Airbnb expects 2026 revenue to increase “at least low double-digits”, roughly in line with analysts’ estimates of 10.24 per cent.

Airbnb forecast revenue above estimates on premium rentals demand

It is also partnering boutique and independent hotels

Many Americans struggle to buy homes amid high mortgage rates, rising prices, and a shortage of affordable new construction.

Trump decries a ‘nation of renters’ but his new policy promotes one

Trump’s executive order barring big investors from buying single-family homes exempts build-to-rent

The median existing home price last month rose 0.9 per cent from a year ago to US$396,800, the highest for any January.

US existing home sales drop to more than two-year low in January

Home sales dropped 8.4% last month to a seasonally adjusted annual rate of 3.91 million units

Hilton Worldwide sold the property in 2014 to Anbang Insurance Group, a reinsurance firm based in China, for US$1.95 billion.

Waldorf Astoria’s Chinese owners plan to sell iconic New York City hotel: report

Move comes months after it reopened following a multibillion-dollar overhaul