Singapore Property News

Deals set to slide 7% on govt cooling measures, they say (BEIJING) Analysts said Chinese home prices are likely to fall by more than 10 per cent this year, due to the government's prudent monetary policy and other tightening measures, the Beijing News reported yesterday.   Home transactions will decrease by 7 per cent this year while sales [...]

(LONDON) House prices in England and Wales dropped at their fastest annual pace in over 11/2 years in May as demand fell for the first time since January, a survey showed yesterday. Property research company Hometrack said prices were 3.7 per cent lower in May compared with a year ago, the biggest decline since October 2009. On the [...]

Friendly policies, affordable pricing, living standards cited as pull factors WORLD-CLASS city living has come to Kuala Lumpur. The Malaysian capital is dotted with new, amenity-filled, chic apartments and the city has never been as cosmopolitan and vibrant as it is now. With the recent influx of expatriates, joined by affluent younger Malaysians moving out of their parents' [...]

Robust take-up rates witnessed at two high-profile property launches in KL HIGH-END property buyers have shrugged off the higher cost of funds judging by recent launches in Kuala Lumpur that have seen strong demand, even at new benchmark prices.   Two high-profile property launches – one condo and the other landed – have had industry players talking about [...]

(Hong Kong) HONG Kong property developer Cheung Kong (Holdings) Ltd said housing prices here, which has some of the most expensive apartments in the world, will likely stabilise rather than rise.   'Demand remains strong and prices are still holding up, but I think they will stabilise rather than rise,' vice-chairman Victor Li said yesterday, although he did [...]

Rents are projected to grow more strongly in markets such as India RENTS are expected to increase across most markets in the Asia-Pacific with stronger investment activity, according to the latest figures from Jones Lang LaSalle's (JLL) Asia-Pacific Property Digest. In the office sector, 1.5 million square metres (sq m) of new Grade A office space was completed [...]

Fewer sellers list with realtors over recent public holidays, limiting supply of homes for sale (London)   UK home sellers raised asking prices to the highest since June 2008 this month after public holidays in April limited the supply of property for sale.   Average asking prices rose 1.3 per cent from the previous month to £238,874 (S$483,683), [...]

(KUALA LUMPUR) Condominium living is relatively new to Kuala Lumpur and well-designed projects are seeing strong sales performance, said Christopher Boyd, executive chairman of CB Richard Ellis Malaysia. He said the take-up rate of condominiums in the first quarter was between 65 per cent and 88 per cent in prime areas such as Mont Kiara, Ampang Hilir, the [...]

This highlights developers' confidence that property curbs haven't dampened demand at all (Hong Kong) HONG Kong's government sold three residential sites above analyst estimates, highlighting developers' confidence that property curbs haven't dampened demand and the economy expanded in the first quarter.   Sun Hung Kai Properties Ltd bought a site on Stubbs Road close to the Peak luxury [...]

It will provide 18.5% more land this year for building homes (Beijing) CHINA plans to provide a total of 218,000 ha of land for building residential properties this year, a rise of 18.5 per cent from 2010, the nation's land ministry said.   That includes 77,400 ha of land to construct affordable housing, it said in a statement [...]