Singapore Property News

(London) PRIME residential land prices here rose for the first time in nine months during the first quarter even as urban values elsewhere in England continued to decline, Knight Frank LLP said. Prices for the best sites in the capital increased 2 per cent after buyers from the Middle East and Asia purchased more plots, Knight Frank said [...]

April's result came after measures were expanded to tackle asset bubbles' risks (SHANGHAI) China's home sales transaction value fell 21 per cent in April from the previous month after the government expanded measures to tackle risks of asset bubbles. The value of homes sold dropped to 324.9 billion yuan (S$61.6 billion) from 413.6 billion yuan in March, based [...]

Over 28% of the homeowners owe more than their properties are worth (NEW YORK) More than 28 per cent of US homeowners owed more than their properties were worth in the first quarter as values fell the most since 2008, Zillow Inc said yesterday. Homeowners with negative equity increased from 22 per cent a year earlier as home [...]

(LONDON) Fewer Britons expect home values to decline in the next year as a shortage of properties for sale persists, Rightmove plc said. One in four people questioned this month forecast a drop in prices, compared with one in three in the previous quarterly survey, the operator of the UK's biggest property website said yesterday. Still, almost half [...]

Property sales revenue almost trebles to HK$7.5b (HONG KONG) New World Development Co, the Hong Kong developer controlled by billionaire Cheng Yu- tung, said fiscal first-half underlying profit rose 30 per cent as revenue from property sales surged. Hong Kong home prices have gained more than 60 per cent in the past two years on record low mortgage [...]