Property

PSD will refer any issue to the CPIB ‘if there is a material basis to do so’

Annual price decline narrows to 3% in August from 3.2% in July

Economic growth is at risk of falling below the official annual target of 4.5 to 5% for a second straight quarter

Developers sell 153 private homes during the period, similar to June when no new launches were marketed

The property is expected to draw interest from private wealth investors and family offices

More commercial establishments are closing this year, with many attempting to sell their operations first

In total, 61 landlords have left the public markets since the peak at the start of the decade

Volumes remain subdued amid housing downturn 

The buyer has not been publicly disclosed; listings for the property have not shied away from its association with the US president