SINGAPORE PROPERTY

GuocoLand-led group tops Lentor Central site tender, with S$1,278 psf ppr bid above expectations

State tender for the private housing site garners five bids

Mark Zuckerberg owns homes in Palo Alto and Lake Tahoe, California, as well as in Washington, DC, and Kauai, a Hawaiian island.

Mark Zuckerberg breaks Miami record with US$170 million mansion

The sale at 7 Indian Creek Island Road sets a record for the most expensive home sale in Miami-Dade County

Located in the heart of Singapore's CBD, One Raffles Place is a key revenue contributor for OUE Reit.
THE LEVEL GROUND

Reits that don’t trade well should be privatised, or sell assets and be liquidated

After selling One Raffles Place, OUE Reit should be taken private or divest the rest of its properties

Sydney is typically a harbinger for the broader market and its flat reading comes after the RBA in February became the first major central bank to increase borrowing costs this year.

Sydney home prices flatline while rest of Australia stays strong

Money markets and many economists expect the RBA will raise rates again in May to 4.1%

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The owners of Orchard Shopping Centre, built by Far East Organization, are attempting a collective sale for the first time.
SINGAPORE PROPERTY

Ossia’s Goh family picks up S$73 million bloc of 18 strata units at Orchard Shopping Centre

While there are plans to enhance the units’ facades, the buyer will likely wait for greater clarity on the outcome of the building’s collective sale

Demand has remained subdued despite rounds of policy support since the China property sector slid into crisis in 2021.

China’s new home prices fall at fastest pace in over 3 years in February, survey shows

The prolonged property downturn has eroded household wealth, crimping consumption

Oriol Valls, co founder and CEO of Spanish start-up Habitacion.com, who also provides property advice on Youtube.

Bedrooms for sale highlight the depths of Europe’s housing crisis

Unconventional solutions reflect how younger Europeans are being priced out of traditional home ownership

The offices of Market Financial Solutions in London, Britain, Feb 27, 2026.

Wall Street hit by UK mortgage lender collapse, raising fears of more credit ‘cockroaches’

London-based Market Financial Solution specialised in complex property-backed loans

Developers pay a land betterment charge for the right to enhance the use of some sites, or to build bigger projects on them.
SINGAPORE PROPERTY

Land betterment charges upped 4.1% on average for non-landed residential, 4% for landed residential uses

LBC rates raised on average by 3.2% for industrial and 0.5% for commercial use groups; no change for hotel/hospital/nursing home use

Sherman Kwek, group chief executive officer (left) and his father, executive chairman Kwek Leng Beng, at a CDL media briefing on Feb 28. “We have taken decisive steps to unlock value from mature and non-core assets while selectively redeploying capital to drive growth," says Sherman Kwek.

CDL undertakes review to relook strategy, optimise portfolio and capital recycling

It plans to divest UK development platform by end-2026, says group CEO Sherman Kwek