Former HUDC estate Rio Casa to be up for en bloc sale

AMID the recovering market sentiment, Rio Casa, a privatised HUDC estate at Hougang Avenue 7 (formerly called Hougang N3), has reached the requisite 80 per cent consent needed for a collective...

Former HUDC estate Rio Casa to be up for en bloc sale

AMID the recovering market sentiment, Rio Casa, a privatised HUDC estate at Hougang Avenue 7 (formerly called Hougang N3), has reached the requisite 80 per cent consent needed for a collective...

Not all old HDB flats qualify for Sers: Wong

DON'T bet your money on buying an old HDB flat in the hope that the government will buy it back for redevelopment. National Development Minister Lawrence Wong had this warning for homebuyers, especially young couples, which he expounded on in a blog post on...

Not all old HDB flats qualify for Sers: Wong

DON'T bet your money on buying an old HDB flat in the hope that the government will buy it back for redevelopment. National Development Minister Lawrence Wong had this warning for homebuyers, especially young couples, which he expounded on in a blog post on...

Pennsylvania town with a population of 60 up for sale

GOT US$1.5 million to spare? If so, tiny Reduction, a one-time company town built to house workers at a long-vanished garbage- processing plant in western Pennsylvania, could be yours for the...

China-Singapore project making progress

BILATERAL project Sino-Singapore Guangzhou Knowledge City said it has broken ground for a neighbourhood centre development and launched a platform for businesses and...

Former Stanchart banker joins CIT manager as CEO

FORMER Standard Chartered banker Adrian Chui has been appointed the chief executive officer and executive director of Cambridge Industrial Trust Management, the manager of Cambridge Industrial Trust (CIT), effective March 24,...

HK home price rebound will continue: Li Ka-shing

HONG Kong's richest man signalled that the property rebound that's been pushing up prices in the world's most expensive housing market could persist for as long as two years as growing demand outweighs government...

Warburg ‘eyeing bigger Asia logistics IPO’ amid bid for GLP

WARBURG Pincus, one of several bidders pursuing Global Logistic Properties Ltd, is weighing a merger of the Singapore warehouse owner with its own logistics business E-Shang Redwood Ltd before a planned initial public offering, people with knowledge of the matter...

Luxe properties in Myanmar hit by confusion and flux

CONFUSION over a law allowing foreigners to buy condominiums in Myanmar is prolonging a slowdown in its residential property sector, highlighting the challenges of regulatory flux in the frontier...

US new home sales highest in 7 months

[WASHINGTON] Sales of new US homes rose sharply in February, to their highest level in seven months, while the average price reached a new record, the Commerce Department reported...

UK property brokers bracing for the worst amid headwinds

BRITAIN'S largest property brokers are cutting jobs, closing branches and raising capital even as homes sell for record amounts. While some companies have blamed Brexit and tax hikes for a drop in transactions, high values have put off many other...

No buyers for New Jersey’s most expensive house

WHEN real estate developer Richard Kurtz put his 30,000-square-foot, 12-bedroom, 19-bath home on the market for US$68 million in 2010, it was the most expensive property in New Jersey. Seven years later, the house, which sits on about 2.5 hectares in Alpine, a suburb...

US existing home sales fall from 10-year high

[WASHINGTON] US home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining potential...

Cheung Kong Property posts 16% rise in 2016 core profit

[HONG KONG] Cheung Kong Property Holdings Ltd, the real estate division of Hong Kong's richest man, Li Ka-shing, on Wednesday reported a 16 per cent rise in 2016 full-year core profit due to solid performance across the group's property...

Hot US real estate a potential red flag -Fed’s Rosengren

[WASHINGTON] The run-up in US real estate prices could potentially amplify any future economic downturn, a Federal Reserve official said on Tuesday, urging regulators globally to consider tools beyond interest rates that could help cool the...

Hot US real estate a potential red flag -Fed’s Rosengren

[WASHINGTON] The run-up in US real estate prices could potentially amplify any future economic downturn, a Federal Reserve official said on Tuesday, urging regulators globally to consider tools beyond interest rates that could help cool the...

China home-buyers fret over prices

[BEIJING] Over half of Chinese households think housing prices are too high and more than a quarter worry these will rise more, according to a central bank survey, adding to views authorities may have to take more property cooling measures even at the risk of...

China home-buyers fret over prices

[BEIJING] Over half of Chinese households think housing prices are too high and more than a quarter worry these will rise more, according to a central bank survey, adding to views authorities may have to take more property cooling measures even at the risk of...

Texas leads hotel building boom in US

HOTEL construction continues apace in the United States, and dozens of new properties are expected to open this year in two major corporate and tourist destinations: New York and Los Angeles. But the three other cities with the most hotels projected to open in 2017,...

Mapletree closes US$1.3 billion private trust for student dorms

MAPLETREE Investments has closed a private trust to hold US$1.3 billion in student-accommodation assets in the UK and the US - a move that makes this not only the first such product in Singapore, but also the first of a series of private trusts for the...

Mapletree closes US$1.3 billion private trust for student dorms

MAPLETREE Investments has closed a private trust to hold US$1.3 billion in student-accommodation assets in the UK and the US - a move that makes this not only the first such product in Singapore, but also the first of a series of private trusts for the...
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