Emaar to develop US$55b real estate project in Dubai: founder

It spans 4.5 million sq m and will house 150,000 residents in residential towers, villas and offices

Singapore continues to be an important market for big luxury houses, such as Hermes and Chanel.

As luxury retail goes big, can Singapore’s Orchard Road keep up? 

Rival cities with stronger tourist pull and more real estate are drawing larger stores and more investment

Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

Top malls there are doing well, but observers ask if Singapore’s premier retail belt can still shine

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The site in Peck Hay Road can yield about 315 private homes, according to URA.
SINGAPORE PROPERTY

CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot

This is 2.5% more than the S$1,820 psf ppr fetched for a nearby plot next to Newton MRT interchange station in November

The price tag is 15.4% higher than Westfield Marion Shopping Centre’s latest valuation of A$580 million as at Dec 31, 2024, but in line with its original acquisition cost.

Cuscaden Peak sells 50% stake in South Australia mall for US$469 million

Westfield Marion Shopping Centre is last piece of the Paragon Reit portfolio to be sold

Caution remains dominant, however, with households delaying big-ticket purchases and preparing for a jump in energy bills.

UK housing market slump shows signs of stabilising

Sales activity remains subdued and house prices edge lower, though the pace of decline seems to be easing

A drone view shows construction work at Hung Vuong Stadium, a planned 135,000-seat football stadium being developed by Vingroup.

Vietnam’s Vingroup forges ahead with ‘world’s largest stadium’ despite demand doubts

Project part of US$35 billion Olympic city, amid Vietnam’s infrastructure push

Evergrande’s liquidators have claimed “negligence” and “misrepresentation” in the auditing work done by PwC’s mainland and Hong Kong affiliates.

Evergrande’s liquidation prompts some PwC partners to shield assets, contemplate divorce

The amount that liquidators are seeking marks one of the largest corporate claims ever in Hong Kong

CICT sees “good potential” in Paragon and is taking a longer-term view of the acquisition, says the chairperson of the manager.

CICT’s S$3.9 billion Paragon buy draws scrutiny over timing, funding at EGM

Still, unitholders vote overwhelmingly in favour of the proposed acquisition, with 99.96% of votes for it