The Business Times

Property developers

Companies & Markets

First Sponsor posts 1.3% rise in Europe portfolio Q3 operating income, lacklustre China property development sales

The Upper Thomson Road (Parcel B) state land site garnered five bids at tender closing on Thursday.
Property

Wee Hur tops 5 bids with S$613.9 million or S$1,062 psf ppr offer for Upper Thomson condo site

CMG20240409-HengYY01 / 王彦燕 / 拍Capitaland外观 [Amoy St]
ESG

CICT loses its top ranking in global ESG benchmark for real estate

Despite an uncertain economic outlook, some major new condo launches have seen hot sales.
Opinion & Features
THE LEVEL GROUND

Hot sales at new condo launches can be too much of a good thing for developers

Tan Min Loon, chief executive of Soon Hock Enterprise, said that part of its initial public offering proceeds will go towards financing the costs of ongoing projects, including a freehold industrial property at 20 Shaw Road (pictured).
Companies & Markets

Industrial property developer Soon Hock Enterprise closes 0.9% below IPO price in mainboard debut

Together with the cornerstone subscriptions, the total deal size amounts to about S$48.1 million.
Companies & Markets

Industrial property developer Soon Hock IPO 9.8 times subscribed

Regulatory burdens and environmental and safety rules that have grown increasingly complex have gradually tilted the market in favour of larger homebuilders.
Property

Britain lost over 1,500 homebuilders in past year on weak demand

While policymakers have rolled out a slew of measures aimed at propping up the housing market, sales are still sluggish and Chinese developers continue to face challenges.
Property

China’s biggest builders hobble towards end of restructurings

FILE PHOTO: A logo of Chinese developer Country Garden is pictured in Tianjin, China August 18, 2023. REUTERS/Tingshu Wang/File Photo
Property

Country Garden secures US$1.14 billion loan-to-equity conversion as part of restructuring

The IPO plans come as Dubai’s housing market continues to surge, defying tariff turmoil and regional geopolitical tensions.
Property

Dubai developer Binghatti in talks with Citi, Morgan Stanley on IPO: sources

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