Sales of Chinese distressed properties, including office buildings and factories, hit a quarterly record of $1.93bn in the last three months of 2022, according to MSCI, up 14 per cent from the same period a year earlier and 73 per cent higher than in 2019, the first year it tracked such data. ( read original ...
Singapore Is the World’s Most Expensive City for Luxury Living, a New Report Says
“High living standards and ballooning demands on local infrastructure mean life here does not come cheap,” the report said of Singapore. “Residential property is in extremely high demand, and punitively taxed cars and essential health insurance are ... ( read original story ...)
Is Singapore Property Unaffordable or Are We Just Paying Premiums for Quality Housing?
Housing affordability in Singapore has been a hot topic. In an article published in The Business Times, Dr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions, PropertyGuru ... ( read original story ...)
Supply is ample, yet there is value in Singapore property
THE United Kingdom (UK) may have more land per person than Singapore, yet suffers from a greater housing shortage. Read more at The Business Times. ( read original story ...)
What’s the big deal about Good Class Bungalows in Singapore?
Good Class Bungalows (GCB) have long been seen as a status symbol in Singapore and there are many near-mythical qualities associated with them. People whisper about how their values never fall, how ... ( read original story ...)
Singapore-based Fintech Pilon Secures Funding from Kaya Founders, Set to Enhance Supply Chain Financing Platform
Pilon, a Singapore-headquartered FinTech firm that offers cloud-based Supply Chain Financing system, announced it has secured a top-up round. ( read original story ...)
S’pore property agent’s flyer made to look like parking ticket, left on vehicle, called out for being gimmicky
A flyer by a real estate agent in Singapore, which was made to look like a parking ticket, has been slammed for being gimmicky and irresponsible. This was after the flyer was placed on the windscreen ... ( read original story ...)
9 condos with the biggest swimming pools in Singapore, including a 160m whopper
Out of all the common facilities in any condo, the pool is king. It’s the main thing a lot of home buyers look for, and the bigger and more elaborate the better. It’s one reason why projects like the ... ( read original story ...)
‘Not funny at all’: Property agent’s flier gets flak for looking like a parking summons
SINGAPORE - A real estate agent has come under fire for placing on the windscreen of a car a flier designed to look like a parking summons.In a post on Facebook page Complaint Singapore Unrestricted ... ( read original story ...)
Deutsche Bank Hires Credit Suisse’s Head of SEAsia Real Estate
Deutsche Bank AG has hired Credit Suisse’s Angelo Coloma to help lead the real estate, gaming and leisure client coverage team in Southeast Asia. ( read original story ...)
Singapore’s sore point: housing and ethnicity
To maintain ethnic harmony, housing must reflect the relative size of the country’s Chinese, Indian, and Malay communities, but this risks creating market distortions and segregation. ( read original story ...)
In Singapore, Chinese fined for getting local to buy him US$2.5 million property and breaking the law, says was scammed
Chen Xiaopu, 41, had agreed to buy US$2.5 million restricted landed property as he thought it would better his chances of getting permanent residency and citizenship Landed and cluster homes are ... ( read original story ...)
China cuts short-term borrowing costs to support recovery
China's central bank lowered a short-term lending rate for the first time in 10 months on Tuesday, to help restore market confidence and prop up a stalling post-pandemic recovery in the world's second ... ( read original story ...)
China’s central bank cuts short-term borrowing cost for first time since Aug
China's central bank lowered a short-term lending rate for the first time in 10 months on Tuesday, in a bid to restore market confidence and prop up a stalling post-pandemic recovery in the world's ... ( read original story ...)
Singapore real estate face 46% rise in physical damage losses by 2030 if climate change unabated: study
Material risks for real estate include rainfall-induced flooding and extreme heat events, leading to higher repair costs. ( read original story ...)
Risks and opportunities of Singapore REITS
SINGAPORE: Real estate investment trusts (REITS) listed here with office assets in the United States are feeling the chill amid the downturn in the American commercial property sector. ( read original story ...)