Diversifying not enough to plug CDL's decline in S'pore: Barclays
Despite stepping up its overseas expansions and investments, City Development Limited (CDL)’s diversification strategy will unlikely plug the decline in its core Singapore market in the near term, said Barclays.
Continue Reading • 31 Oct 2014
EcoHouse: The outlook is bleak
A news magazine in the United Kingdom has published a damning article which seriously questions the ability of Brazil social housing developer to repay its investors.
Continue Reading • 31 Oct 2014
Getting away from busy London life
More buyers from Southeast Asia are looking away from the traditional centre of London, and to escape the busy life that comes alongside.
Continue Reading • 31 Oct 2014
RE/MAX opens in China
Global real estate franchise RE?MAX has opened its first office in China, with the aim of changing the industry and raising levels of service.
Continue Reading • 31 Oct 2014
Best sales for four years in HCMC
The Vietnamese city of Ho Chi Minh City saw its highest sales for more than four years in Q#, according to Savills.
Continue Reading • 31 Oct 2014
PropertyGuru partners with HK's 28hse.com
PropertyGuru and Hong Kong's 28hse.com have signed a joint partnership that will enable investors to make better informed decisions for buying and selling of property.
Continue Reading • 31 Oct 2014
Declining prices to continue into 2015: PropNex
PropNex predicts price decline in the private residential market will persist due to weak demand caused by various factors, such as the total debt servicing ratio (TDSR) and additional buyer's stamp duty (ABSD).
Continue Reading • 30 Oct 2014
Construction firm, director fined for not declaring GST on property sale
Junling Construction & Engineering, and its director, Cheah Wai Fun, were each ordered to pay the penalty of $191,268 and a fine of $2,000 for failure to account GST on a property sale.
Continue Reading • 30 Oct 2014
"Meaningful correction" still unachieved: Tharman
The government is unlikely to relax property cooling measures any time soon, judging from Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam’s views that there is "some distance to go in achieving a meaningful correction."
Continue Reading • 30 Oct 2014
High-Speed Rail likely to miss 2020 deadline: M'sia
The completion of the upcoming high-speed rail (HSR) project between Singapore and Kuala Lumpur is likely to be delayed beyond its 2020 deadline, according to Malaysia's Land Public Transport Commission (SPAD).
Continue Reading • 30 Oct 2014
Consortium obtains £1.35bil loan for Battersea project
In order to fund the second and third phases (3A and 3B) of the Battersea Power Station redevelopment project in London, its developer has officially taken out a £1.35 billion loan from a consortium of bankers.
Continue Reading • 30 Oct 2014
CEA creates online comic strips on ethical advertising
Real estate salespersons can now have a better understanding of the advertising guidelines in an engaging manner, as CEA has introduced an e-learning web application on CEA's Practice Guidelines on Ethical Advertising.
Continue Reading • 29 Oct 2014
Increased share of foreign homebuyers
The proportion of foreign homebuyers increased from 22.9 per cent in Q2 2014 to 27.7 per cent in Q3 2014, according to Knight Frank’s latest Research Bulletin for the Residential sector.
Continue Reading • 29 Oct 2014
Less new blood joining property industry
Fewer people are willing to become real estate agents given the weak transaction levels in Singapore's HDB and private housing markets.
Continue Reading • 29 Oct 2014
Resale private homes prices down in September
Prices of resale private homes in Singapore dropped in September, according to Singapore Residential Price Index (SRPI) flash estimates released on Tuesday.
Continue Reading • 29 Oct 2014
5 technologies to change property
Here are five technologies, highlighted by Knight Frank, that have the potential to change the property sector forever.
Continue Reading • 29 Oct 2014
Sansiri CEO: Buyers with good vision understand May was a glitch
Sansiri's CEO speaks ahead of the PropertyGuru Thailand Property Show in Singapore this weekend, where his company will be showcasing its Phuket condo developments.
Continue Reading • 29 Oct 2014
Gibraltar home wins best in Europe
With a price tag of £10.9 million, New Aloes in Gibraltar is officially the best property in Europe.
Continue Reading • 29 Oct 2014
Sydney rental rates ease
In most parts of Sydney it became easier to find rental property in September, according to official data.
Continue Reading • 29 Oct 2014
Project delays caused by tighter rules on foreign workers
Singapore's construction industry is suffering from late payments and project delays, as contractors are squeezed by higher operating costs and the government’s curb on foreign workforce.
Continue Reading • 28 Oct 2014