Property developers

China developers ceased reporting ‘three red lines’ for years

The move signals how dramatically the authorities have changed their position on the real estate sector

Vanke has been at the centre of the country’s protracted property sector crisis, during which many of its rivals, big and small, have defaulted on their debt repayments.

Vanke gets approval for more bond repayment deferrals as China is seen stepping in to avert immediate default

Beijing has rolled out a number of measures aimed at supporting the property market

The signs of growing investor confidence come as New World has launched an extensive programme of potential asset disposals.

Hong Kong builder New World makes progress escaping distress

The company still faces a barrage of challenges

China Vanke is about US$50 billion in debt.

China Vanke wins creditor support for bond repayment plan; imminent default risk recedes

[HONG KONG] China Vanke said on Wednesday it had gained creditor approval to defer some repayments soon owed on a 1.1 billion yuan (S$205 million) puttable bond, likely helping the state-backed proper...

The crane crash on the expressway on Thursday killed two people, sparking a public outcry and calls from political parties for action against the company.

Thai builder seeks debt relief after two deadly crane accidents

Italian-Thai Development is grappling with a liquidity crunch that has forced it to offload its overseas investments

Vanke, the last major Chinese developer to stave off debt failure so far, is under mounting strain from nearly US$50 billion in interest-bearing liabilities.

China Vanke bonds extend rally on sweetened extension proposals

The company is also preparing a broader restructuring plan, which still needs Beijing’s approval

While many defaulted Chinese developers are wrapping up their restructurings, others are still facing liquidation risks as creditors grow weary of drawn-out debt talks.

Chinese builder Jingrui ordered to liquidate by Hong Kong court

The liquidation order underscores the perils developers continue to face as China remains mired in a deep property slump

First Sponsor noted that most of its assets are invested overseas and are not Singdollar-denominated, thus it largely hedged its foreign exchange exposure – mainly to the euro, renminbi and Australian dollar.

First Sponsor expects net loss for H2, full year 2025 on forex losses

Fair value loss on its financial derivatives is a result of the strengthening of foreign currencies against the Singapore dollar

Above: Opera Estate in the East Coast. Demand for suburban landed homes  is seen as resilient amid scarce supply.
HOCK LOCK SIEW

Unlock Bukit Sembawang’s deep value by putting it up for sale

The group’s undervalued share price is unwarranted, given its rare landed housing land bank

There should be an exemption of ABSD for locals purchasing a second property, says Huttons Asia CEO Mark Yip.
SINGAPORE BUDGET 2026

Property players call for lower ABSD on foreign buyers, review of EC income and loan caps

Other proposals floated include further tweaks to developers’ sales deadlines, lower consent threshold for en bloc sales