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

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“We are doing it just for commercial purposes. We find that it is an attractive vehicle to have,” said Sunway founder Jeffrey Cheah of the company’s offer to acquire IJM.

Sunway is willing to walk away if RM11 billion IJM bid rejected

The bid faces political scrutiny over concerns it dilutes government equity and indigenous rights

Leela has 23 hotels across India, including properties under development, and plans to expand to at least 35 hotels over the next five to seven years.

India’s Leela Palaces pins fiscal 2027 growth on luxury room shortage, affluent demand

The supply of luxury hotel rooms is limited at around 30,000 keys in the world’s most populous country, according to its CEO

Minister for Law Edwin Tong says: "We understand that upfront certainty on the LBC amount is critical for business decisions."

Online tool launched for developers to estimate land betterment charges upfront for greater cost certainty

The government is also exploring longer tenures for state properties, especially those that enable ‘innovative development’

Over 50 internship opportunities have been committed to date; roles offered cover asset management, commercial leasing, fintech and project development, among others. 

Redas, NUS tie up to offer trainee, internship programme for real estate talent pipeline

It will provide students with exposure to real estate careers in both the public and private sectors

Anil Ambani has faced financial distress for years, defaulting on bank loans and other debt since at least 2016.

Anil Ambani’s US$410 million Mumbai condo seized in probe

India’s anti-money laundering agency alleges he has defaulted on over 400 billion rupees worth of loans from banks

The Centrepoint comprises two components: a freehold front plot and a leasehold rear plot.
SINGAPORE PROPERTY

Frasers Property defends turf with S$391.9 million acquisition of The Centrepoint rear block

This will allow the group to consolidate adjoining sites for a major redevelopment in the future