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 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
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 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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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
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
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
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
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
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