Singapore Property Market News
PropertyLimBrothers CEO Melvin Lim, vice-president Grayce Tan resign; Marc Chan appointed interim CEO
The changes follow online rumours surrounding Lim and Tan
Share of loss-making deals in condo resales creeps up in Q4: report
The biggest losers were mainly in the prime Core Central Region, with losses of S$407,531 to S$2.2 million
Khazanah, Temasek seen putting Marina One up for sale at S$5 billion to S$6 billion
M+S is expected to offer 1.88 million sq ft of offices and 140,000 sq ft of retail space in the integrated development
Hong Kong home prices rose for first time in four years in 2025
They are likely to grow 5% in 2026
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
Dubai financial sector hub set for multibillion-dollar expansion
The development will have capacity to host 42,000 companies and will be delivered by 2040
Far East Organization sells Tuas industrial asset for S$121.1 million
The acquisition is understood to be a joint venture deal
Evergrande Property said to expect binding offers by this month
Offers are expected to be below the current share price
UOL up 8% at highest price in two decades after JPMorgan target price upgrade
A UOL consortium has won the tender for a mixed-use site in Hougang Central
Steel tycoon You Zhenhua’s New Vision takes over 15 Enggor Street project
The hospitality development, operated by The Ascott, will be completed in Q4 2029
Timely to consider introducing a prime executive condo model
Build new ECs in choice locations and sell such homes with tighter restrictions
High Court grants OG possession of Taste Orchard under consent order
Master tenant Hao Mart and its subtenants have already vacated the mall’s premises, BT understands
DBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market
One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts
Hong Kong builder New World makes progress escaping distress
The company still faces a barrage of challenges
New York City bans hidden hotel fees ahead of World Cup tourist influx
The new rule bars hotels from charging mandatory resort, destination or service fees
Private home prices rise 0.6% in Q4 for full-year gain of 3.3%; rents up 1.9% from 2024
Annual price growth is at its slowest pace since 2020, even as new home sales climb past 10,000 units
HDB resale price growth slows to 2.9% in 2025, but million-dollar flats stay hot
A record 1,594 units were sold for at least S$1 million last year; incoming MOP flats may push numbers higher in 2026
Singapore office rents rise, vacancies ease in Q4 as supply tightens
URA’s vacancy rate for Category 1 offices falls for third consecutive quarter to 9.3%
China’s rural banks struggle to sell seized properties despite hefty discounts
Failure to find buyers adds pressure to weak home prices, sales
US mortgage rates inch up from a three-year low, reaching 6.09%
High borrowing costs have held back buyers and sellers for years
Curbs on Wall Street landlords could stoke US house prices: investors
The restrictions will fuel the demand for homes without increasing supply, thus increasing asset prices
Top bid for Dairy Farm condo site is 5.7% lower than that for nearby plot sold a year ago
The S$427 million or S$962 psf ppr offer is from a consortium comprising ABR, LWH, Macly Capital and Roxy Pacific
New World’s airport mall faces fresh test as tenants pull out
New World is eager to offload the showcase-turned-troubled asset, even at a loss
Hong Kong’s Sogo Mall operator seeks HK$8 billion loan refinancing
Lenders have paused earnings checks for Lifestyle International as it seeks to refinance
Rise in Singapore industrial rents tapers to 2.4% for 2025 after almost flat Q4: JTC
Prices rise 5% year on year, with strong buying interest in assets
Seoul housing rally gathers pace, deepening BOK’s policy dilemma
Apartment prices in Seoul rose 0.29% in the week through Jan 19 – the biggest weekly increase since Oct 20
Rent in London’s poshest postcodes down for the first time in four years
Rental values across prime London fall 0.6% year on year in December, according to data from LonRes
Singapore construction demand to stay firm at S$47 billion to S$53 billion in 2026: Chee Hong Tat
Demand is projected to stay elevated from 2027 to 2030 at S$39 billion to S$46 billion per year
Trump vows US won’t become ‘nation of renters’ in Davos speech
He says home ownership has always been a symbol of health and vigour of American society