Developer sales of new homes in Singapore surged 67 percent last year to 10,815 units, the highest annual total since 2021, but private home price growth eased to 3.3 percent, according to data released Friday by the Urban Redevelopment Authority.
China Home Sales Fall Further Despite Support and More Asia Real Estate Headlines
The unstoppable slide of China’s housing market leads today’s look at real estate headlines from around the region, as home sales in October fell nearly 42 percent from a year earlier. Singapore also makes the news with the republic seizing… Read More>>
Singapore Home Sales Hit Five-Month High as Buyers Shrug Off Cooling Measures
New private home sales in Singapore hit their highest level in five months in July, as buyers pounced on a trio of project launches and brushed aside fresh cooling measures.
Excluding the public-private hybrid executive condo segment, developers sold 940… Read More>>
China Home Prices Decline at Steepest Pace in 7 Months
Home prices in China declined more quickly in May, as a prolonged housing slump continued to weigh on the world’s second-largest economy despite successive rounds of policy support measures.
An index of new home prices in 70 major Chinese cities… Read More>>
China’s Home Price Slide Narrowed in March as More Cities Reported Rebounds
Prices for new homes in China fell at a slower pace in March, declining by 0.08 percent month on month compared with a 0.14 percent slide in February, according to government statistics released on Thursday.
During last month, 24 of… Read More>>
State Support Yet to Revive Buyer Demand as China Home Sales Slump 48% in Q1
China’s housing crisis showed no signs of abating in the first three months of the year, as the value of new home sales by the country’s largest property developers slumped to roughly half the figure from a year earlier.
In… Read More>>
Hong Kong Private Housing Completions to Drop 44% Over Three-Year Period: JLL
Annual completions of private housing in Hong Kong for the three years of 2026-28 are expected to fall 44 percent compared with those in 2023-25, according to a JLL forecast.
Declining homebuyer interest and pressure on builders from high interest… Read More>>
Wing Tai Sells Just 23% of Available Homes at Singapore Condo Project Debut
Wing Tai Holdings sold 23 percent of its upcoming condo project in Singapore’s suburban Jurong district during its launch weekend, a modest take-up for the developer which warned late last week of lower profits in its latest financial year.
The… Read More>>
Brookfield Funds Default on $161M US Office Debt and More Asia Real Estate Headlines
US defaults and Korean delays lead today’s collection of real estate headlines from around the region, as Brookfield fails to make payment on debt linked to a Washington DC area office portfolio and sources in Seoul says a KKR joint… Read More>>
China Home Sales Show Turnaround Potential and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China flashes hopeful signs that its long slump in home sales is nearing an end, Mirae Asset Management may soon add a Singapore REIT to its business and India’s Welspun One Logistics Parks… Read More>>