Property
US mortgage rates reach lowest since 2022, spurs refinancing
The contract rate on a 30-year mortgage dropped 8 basis points to 6.09% in the week ended Feb 20
URA releases two prime condo sites at Holland Plain, River Valley for sale
Both are Core Central Region parcels, with the Morrison Lane site being offered from the reserve list of state land sales programme
Shanghai eases homebuying rules in sign of China property relief
Non-residents paying one year of social security or tax now qualify to buy homes in urban areas
Receivers put one-seventh stake in Cheong family’s Oxley Rise mansion on the block
The prime freehold residential landed plot was put up for sale in 2022 at S$300 million
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Hong Kong hikes stamp duty for luxury homes as sales rebound
Developers have made a number of high-profile luxury property sales in the past few months
Serenity Park condo in Yio Chu Kang put on the market at S$505 million
The price tag translates to S$1,453 psf ppr
Tan Boon Liat Building in Outram up for sale again at lower S$1 billion reserve price
The price tag translates to a land rate of about S$1,757 psf ppr
Luxury property complex in Thailand seeks more overseas buyers
Foreign demand has softened amid geopolitical tensions, trade disputes, safety concerns and a deadly earthquake
Altallo Asset Management inks option to buy 158 Cecil Street for S$175 million
The price works out to S$1,541 psf on the net lettable area of about 113,540 sq ft
Hong Kong bank tries to sell mansion it bought at huge discount
The bank is trying to tap a rebound in the city’s housing market after a years-long downturn