PARKWAY Mansion has been sold at S$146.99 million to SL Capital (3) Pte Ltd, a consortium led by Sustained Land Pte Ltd.
DERBY Court has been sold for S$73.88 million to RH Developments Two Pte Ltd, a subsidiary of Roxy-Pacific Holdings.
[TOKYO] Bank of Japan Governor Haruhiko Kuroda likes to moan about how tough it is to end his country's deflationary mindset. Residential real estate, however, is one area in which he can claim success for almost five years of monetary experimentation to produce that psychological effect.
[NEW YORK] A boom in newly built luxury apartments in Manhattan has skewed prices for the overall residential real estate market in the borough and masked a sharp drop in transaction volume over the past five years, a property report on Wednesday showed.
[AMSTERDAM] If Brexit refugees moving to Amsterdam from London have their sights set on owning one of the city's famed canal-facing houses, they're in for a disappointment.
[WELLINGTON] Having suffered a slow period after an inconclusive general election, New Zealand property sales jumped 17.8 in November, helped by seasonal spring demand and buying by foreigners before the new Labour-led government imposes a ban early next year.
PRIVATE non-landed home rentals slipped by 0.3 per cent in November from a month ago, a gentler decline from the 0.7 per cent dip in October, flash estimates from SRX Property on Wednesday showed.
THE government has decided to keep the total supply of land for private residential development for the first half of next year at about the same level as that for the current H2 2017 slate, citing among other factors, sufficient supply from the redevelopment of collective sale sites being generated from the private sector.
AFTER more than two years of red tape that kept tenants from moving in, China's tallest skyscraper, the Shanghai Tower, has been quietly opening and filling office space.
RESALE prices of private condominiums in Singapore continued their climb, posting a 0.5 per cent increase in November from a month ago.
ANOTHER Cairnhill development is launching for en bloc tender in the prime district 9, barely two months after Cairnhill Mansions and an adjacent freehold site launched for collective sale in October for a combined price tag of S$477 million.
THE government is extending the project completion period (PCP) for executive condominium (EC) sites from four years to five years.
AFTER minority shareholders of Millennium & Copthorne Hotels (M&C) objected to the price offered by parent company City Developments (CDL) to take the London-listed hotelier private, CDL bumped up its bid last Friday.
COUNTRY Garden Holdings Co, a developer whose share price has almost tripled this year, scrapped a planned spin-off of a unit on Shanghai's stock exchange amid China's tightened scrutiny of initial public offerings (IPOs).
[BENGALURU] Activist investor Land and Buildings on Tuesday reiterated that Canadian department store operator Hudson's Bay Co's real estate assets were worth substantially more than the company's current market valuation.