Market News
Fannie and Freddie shares tank as doubt swirls about Trump plans
This comes after a 2025 public offering for the agencies did not materialise
NTT Global Data Centers plans to double capacity in AI boom
It sees increasing demand from companies moving more of their software and operations to the cloud
Wing Tai unit buys freehold land in Kuala Lumpur for RM45 million
Following its acquisition, the parcel will be developed into a residential project
In rural New York, some see proposed AI centre as a needless intrusion
The facility, to be built between Buffalo and Rochester, will raise electric bills and harm a nearby Indigenous reservation, opponents argue
Punggol Digital District hotel site awarded for S$43.5 million to entity linked to Yeo Hiap Seng family scion
The project will feature a 224-key hotel and serviced residence development
Fuel cost spike, choked supply squeeze Singapore’s booming construction sector
Worsening Middle East conflict and recurrent labour shortages are driving up materials, fuel and crane operator costs
US pending home sales unexpectedly rebound in February on lower mortgage rates
The pending home sales index rebounded 1.8% last month to 72.1
Canada home prices decline with uncertainty holding back buyers
Sellers forced to offer bigger discounts to reluctant buyers
Ong family of Green Bus Co fame sells Dunearn bungalow for S$55 million
The 24,190 sq ft freehold site can be redeveloped into a mix of new landed homes
Data centres overtake offices in US construction-spending shift
Tech companies have made data centres the latest darling of the real estate industry
Johor regent applies to build GCBs, low-density housing on Holland Road land; URA to rezone site
Part of the land will also be designated as a Good Class Bungalow Area if rezoning proposal is approved
What Singapore needs to change to enable better senior living options
Gaps in the eldercare and retirement housing landscape can be addressed with regulatory changes
New World’s top shareholder seeks to refinance HK$7.3 billion loan
The company is in preliminary discussions with banks for a potential five-year facility
GIC mulls Tokyo property sale for several hundred billion yen: sources
Investor demand for commercial properties in Tokyo has been strong
New private home sales dwindle to 246 units in February during Chinese New Year lull
Sales are expected to ramp up in the coming months as more ‘attractive’ projects hit the market, analysts say
Migrants key to Singapore private housing’s long-term health amid low births
More foreigners becoming PRs and citizens can support demand for private homes
China home prices drop at slower pace as property slump abates
Supportive measures for the property market have trickled out across cities in recent months
A fresh start for Jurong Lake District with Town Hall Link site released
Government to invest in key infrastructure to reduce uncertainties for developers; project will add at least 40,000 sq m of new office...
Sale of Balance Flats open to all Singaporeans, not just original BTO applicants: HDB
HDB clarifies SBF flats are available after BTO selection, subject to ethnic quotas, offering a transparent process for all Singaporeans
New Zealand home prices rise in February, sales steady
Major regions including Auckland, recorded their strongest February sales levels in about five years
Trump issues executive orders to tackle housing supply and demand
These threaten to undermine congressional legislation passed just a day earlier
Private fund said to be buying 11 Mercatus retail assets for S$281 million
Portfolio comprises private strata space in Bukit Timah Plaza and Coronation Shopping Plaza, and nine HDB properties
SingLand sees ‘healthy’ interest in The Clifford ahead of 2028 completion of Raffles Place redevelopment
The group is ‘cautiously optimistic’ on rents in the area, with tight office supply and strong demand for Grade A space expected...