Property developers

Saudi Arabia opens property market as Crown Prince courts overseas investors

The market has lured even the Trump Organization which is working with a Saudi partner to add luxury apartments in the kingdom

Knight Frank expects mass residential prices in Hong Kong to jump 5% to 8% in 2026 and luxury values to rise 3% to 5%.

Hong Kong developers sell US$750 million of luxury homes in weeks

The string of new luxury home sales contrasts with the gloom hanging over the market in the first half of 2025

The new Town Hall Link white site has the critical mass needed to catalyse the next phase of Jurong Lake District's development.
THE LEVEL GROUND

Expect carved-out Jurong Lake District site to draw warm response from developers

Town Hall Link white site is expected to be made available in March 2026

The bond in question matured on Dec 15, and bondholders rejected an earlier proposal by Vanke to delay repayments.

China Vanke’s bondholders approve plan to extend grace period, reject repayment extension

A 30-day grace period gives the developer until Jan 27 to strike a deal with bondholders on terms to delay the repayment

City Developments Limited's executive chairman Kwek Leng Beng (right) and his son and group CEO Sherman are prominent second and third generation property leaders, respectively.
THE LEVEL GROUND

Can Singapore family-owned property empires last far beyond three generations?

Applying lessons from Geneva’s Pictet family 

In the latest proposal to delay the repayment of the bond that matured on Monday, the state-backed developer said that it would pay the overdue 60 million yuan in interest by Dec 22.

Vanke sweetens bond extension proposal to avert debt default

The developer is also seeking to extend repayment grace period to 30 days

The property giant’s woes highlight broader challenges in China as the real estate crisis enters its fifth year.

China Vanke faces reality check as bond extension talks drag on

Financial institutions including banks have in general become less patient with struggling developers

The setback for state-backed Vanke comes after some of the country’s best-known developers have defaulted in recent years.

China developer Vanke plans second bondholders’ meeting to avoid onshore default

The bond tranche is due on Monday and has a five-business-day grace period

Gallant Tang, group CEO of SingHaiyi Group, is keen to explore new asset classes in different markets.
BEHIND THE NAME

In danger, there’s opportunity: How SingHaiyi’s 29-year-old scion is reshaping the property group’s next chapter

How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership

Vanke’s onshore notes were trading deep in distressed levels at around 20 to 30 yuan per 100 face value.

China Vanke bondholders reject payment extension, raising default risk

The rejection grants the developer 5 business days to pay the 2 billion yuan on the onshore bond