Chong Xin Wei

Chong Xin Wei

JOURNALIST

Chong Xin Wei is a journalist at BT’s property desk. She is a graduate of the Wee Kim Wee School of Communication and Information.

Proceeds from the sale of 51 Merchant Road (above) will be redeployed to improve working capital and fund higher-yielding initiatives.

Raffles Education sells 51 Merchant Rd to LaSalle JV for S$121.8 million; reaps S$53 million gain

Four-storey commercial building with conserved buildings and basement car parks sold for about 78% over book value

The state-land site at Bedok Rise is expected to yield some 380 private homes.
SINGAPORE PROPERTY

Bedok Rise site draws 10 bids, topped by Allgreen Properties’ S$1,330 psf ppr

Top bid is higher than expected, and comes after Bayshore parcel was sold for S$1,388 psf earlier this year

As more singles seek to purchase their own homes, the government has expanded public housing options in recent years.

Average HDB household size shrinks further, with 1-person households rising to 1 in 6

While most seniors prefer not to sell and move, more singles living with their families plan to buy their own home, HDB...

Rendezvous Grand Hotel Melbourne, in Australia, is Far East Orchard's asset. The group plans to expand its lodging platform across key geographies.

Far East Orchard targets S$3 billion AUM, 110,000 lodging units by 2030

Group doubles down on hospitality and PBSA, plans to recycle capital out of non-core assets

Household mortgage loans grew 5.2 per cent year on year in Q2 2025, the highest increase in six consecutive quarters, according to official data.
SINGAPORE PROPERTY

Real estate players brace for market curbs as housing debt climbs: NUS poll

Debt-limiting rules such as loan-to-value and mortgage servicing ratio are seen as more effective than ABSD

The Rest of Central Region leads in condo and private apartment sales, accounting for 50.5% of transactions.

October surge could push developers’ new home sales for 2025 to four-year peak

Last month’s 2,424 units sold are up about 9 times on-month and 224% on-year

From 2025 to 2027, the government will launch about 55,000 Build-To-Order flats.

MND trims supply of land to 4,500 private housing units for H1 2026 confirmed list

This is 4.8% less than the 4,725 units supplied in H2 2025, and 10.5% lower than the 5,030 units in H1 2025

Sunway Sanctuary, located in Tower D of Sunway Medical Centre in Kuala Lumpur (left), has a total of 473 rooms.

Sunway Healthcare bets on senior-living demand with KL ramp-up, Johor expansion

Its managing director says there is a gap in Malaysia for integrated wellness solutions for the elderly

SUSS spreads across multiple rented premises, including the space within the Singapore Institute of Management campus in Clementi Road.

Arab Street car park site to make way for new SUSS and Islamic studies campuses

Analysts say the move will inject new life into the city centre through a more diverse use of land