Property

The average for 30-year, fixed loans was 6.11 per cent, up marginally from 6.1 per cent last week.

US mortgage rates nudge higher, reaching 6.11% for 30-year loans

[WASHINGTON] Mortgage rates in the US rose for a third week, adding slightly to housing costs with the key spring sales season ahead.

Housebuilding remains plagued by sluggish demand, weak client confidence and a lack of new project starts, making it the weakest construction sub-sector.

UK builders hopeful of turnaround as PMI shows slowdown easing

Builders across sectors continue to struggle with cost pressures eating into their margins

If it is awarded the site, the joint venture will explore a residential development comprising about 520 units.
SINGAPORE PROPERTY

CDL, Woh Hup tie-up tops Tanjong Rhu site tender with S$709.25 million bid at S$1,455 psf ppr

The 99-year leasehold private housing site fetches five bids

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In October 2025, 880 flats were launched in Berlayar Residences, the first project in the new Berlayar estate.

Nearly 7,000 BTO flats to go on sale in June, including in Berlayar estate and Ang Mo Kio

Bishan will feature a 1,210-unit project in Upper Thomson, possibly Prime or Plus

The current property market rally is reminiscent of a record 85-week streak of gains for Seoul’s apartment prices between June 2020 and January 2022.

Seoul apartment prices rise further even as President Lee hardens resolve

The president has argued that rising apartment prices reflect distorted incentives rather than genuine housing needs

Minister for National Development Chee Hong Tat, who was speaking at the Urban Solutions and Sustainability Research and Innovation Congress, says the Built Environment AI Centre of Excellence will bring together research and industry partners to co-develop AI solutions.

MND, SUTD launch S$30 million Built Environment AI Centre of Excellence

Artificial intelligence-driven solutions will be aimed at addressing key challenges in the sector

Optimism about property prices has been fanned by a drop in interest rates and initial signs of the economic recovery.

New Zealand house prices hit 30-month low as buyers hold back

Economists and the RBNZ expect the jobless gauge has peaked, which will feed into rising wages later this year

Several sources The Business Times spoke to have described Chua as an agent who was “instrumental” in bringing in projects from developers.

Top agent Rayne Chua at Melvin Lim’s KW Singapore leaves for ERA with many members of her team

KW Singapore was founded by the PropertyLimBrothers ex-CEO as a franchise of US real estate agency group Keller Williams