Property developers

Property

Hong Kong’s Far East Consortium sells student housing to JD.com for US$95.6 million

The city has recorded active transactions, both purchases and leasing, in the student housing segment

Are new condo units increasingly unaffordable?

Opinion & Features

THE LEVEL GROUND

Does progressive payment for new projects fuel high new condo prices?

Buyers may be acting aggressively when considering purchases of uncompleted homes with a progressive payment scheme available, compared to resale units

Metrocon specialises in foundation engineering, which involves works needed to prepare the ground before the construction of buildings and infrastructure.

Companies & Markets

Metrocon eyes SGX listing through Hatten Land

The S$28 million acquisition will be via the issuance of 107.7 million new shares at S$0.26 each

Of the five mature assets worth S$1.1 billion that TCCGI will fully own, four are being priced at their implied take-private valuations and above their latest independent valuations

Opinion & Features

MARK TO MARKET

Frasers Property’s big asset shuffle: Controlling shareholder helping it drive value and stay listed

Investors may have to wait for the latent value of its shares to be fully realised in an apathetic market

While the general area where the Reich Chancellery once stood is marked with signs about the site’s history, the bunker has never been officially listed as historically significant.

Property

A Hitler bunker faces demolition in housing-challenged Berlin

The debate about the site comes at a time of conflicting impulses in Germany

The industry faces worker bottlenecks everywhere, but particularly in Europe and Australia.

Property

Europe labour shortage hands win to Asian builders, says cement maker Holcim

While the region needs some 10 million new homes, the construction sector is increasingly struggling to find workers

Two residential sites in Lorong Puntong/Sin Ming Avenue and Kitchener Link in Kallang were released for sale on Thursday.

Property

URA releases two smaller housing sites in Sin Ming, Kallang for sale

Market watchers expect firm demand for the Sin Ming site; Kallang parcel may remain on the reserve list

The Four Points by Sheraton hotel in Hong Kong.

Property

China developer Shimao’s Hong Kong hotels seized and put on sale by lenders

Shimao tried to sell the hotel assets in 2023 and 2025 but there were no takers

The decision to hand Sindalah to John Pagano (above) reflects his standing as one of the more proven executives in the kingdom’s sprawling sovereign wealth fund ecosystem.

Property

Red Sea Global aims to bring troubled Saudi luxury island ‘back to life’

The multibillion-US dollar Sindalah development has never opened to the public despite a VIP launch party in 2024

With private homes largely bought for owner-occupation, might a future shortage of rental homes loom?

Opinion & Features

THE LEVEL GROUND

Meet rental demand by letting developers keep ownership of some condo units without hefty penalties

With the ABSD regime curbing investment demand, fewer private homes may be available for lease in future

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