Property News

SOME of the largest US banks singled out office commercial real estate on Friday (Apr 14) as an area of growing concern, with property values falling and more borrowers defaulting on their loans amid rising interest rates and a slowing economy. Feed - Read...

FACING soaring rent prices and cut-throat competition, Cyndi Cheng, 34, thought she would never find a place to rent in London after moving from Hong Kong earlier this year. Feed - Read...

CHINA’S new home prices rose in March at the fastest pace in 21 months, official data showed on Saturday (Apr 15), suggesting the market is out of the doldrums amid a flurry of support policies, but there is uncertainty on the strength of the momentum. Feed - Read...

CUSCADEN Peak Investments is selling its three freehold bungalows in Nassim Road at S$4,500 per square foot (psf) on land area, The Business Times understands. Feed - Read...

CANADIAN home prices rose for the first time in a year after the country’s central bank halted its interest rate hikes and sellers remained hesitant to list their properties. Feed - Read...

REAL estate investment activity in Singapore slowed considerably in the first quarter of 2023, as investors retreated in the face of higher financing costs and mounting macroeconomic uncertainties. Feed - Read...

TAIWAN’S success in the semiconductor industry is fuelling a boom in house prices that is spreading from north to south, with highly paid workers at major chipmakers pushing the property market to buck the trend of a global slowdown. Feed - Read...

LIU Baoxiang, who runs a mahjong parlour in a city on China’s rust belt, no longer splurges on extravagant fashion items after seeing the two flats he owns lose roughly a third of their value over the past two years. Feed - Read...

KYLE Bass has some advice for real estate investors: Tear it down. Feed - Read...

COUNTRY Garden Holdings, one of China’s biggest property developers, has obtained a HK$900 million (S$152 million) loan from a private lender to refinance a bank loan, two people familiar with the matter said. Feed - Read...