Seoul to unveil property debt measures next week
SOUTH Korea plans to announce measures for troubled project-finance debt next week in an effort to ease the stress in banking and...
Hong Kong’s new home sales hit record high of US$5.4 billion
NEW home sales in Hong Kong surged to a record high in April, as buyers rushed to the market after the government...
Chinese cities lift curbs on buying homes as property crisis bites
TWO of China’s wealthiest cities said on Thursday (May 9) they would lift all restrictions on buying homes, joining a growing list...
Shophouse sales surge and at higher prices in Q1 as high-net-worth investors return: Knight Frank
SALES of shophouses in Singapore rose 52.2 per cent to S$169.1 million in the first quarter of 2024 from the previous quarter...
UK home sellers rush to put property on market after prices dip
BRITAIN’S homeowners have brought a flood of properties to the market at a moment when high borrowing costs have reduced the number...
Manhattan apartment rents climb to highest on record for April
MANHATTAN apartment rents rose last month to a new high for April, an increase that suggests another record-shattering summer to come.
LHN’s Coliwoo, Oxley boss tie up to buy Wilmer Place for S$26.5 million
A JOINT venture (JV) between LHN’s Coliwoo and Oxley’s Ching Chiat Kwong has bought Wilmer Place, a four-storey non-conservation building at 50...
Major Chinese city scraps housing curbs as loosening gains steam
HANGZHOU, a major city in eastern China, removed all of its remaining homebuying curbs, the latest example of a local government pursuing...
Country Garden says it aims to pay onshore coupons due Thursday by May 13
EMBATTLED Chinese developer Country Garden said it is unable to pay onshore coupons due on Thursday but it aims to make the...
Airbnb forecasts weaker Q2 revenue despite robust demand for international travel
AIRBNB reported a higher quarterly profit on Wednesday (May 8) but forecast second-quarter revenue below Wall Street expectations, sending shares of the...