News Updates

/News Updates/
19 06, 2017

Singapore property stocks may build on best rally in five years

By |June 19th, 2017|Uncategorized|0 Comments

SINGAPORE (BLOOMBERG) - Singapore property stocks are set for their best annual performance in five years, and strategists believe the rally is far from over. With an expected pickup in real estate following the easing of housing curbs, developers are expected to be the bright spot in Singapore equities as gains in the nation's stocks [...]

16 06, 2017

Disrupters see opportunity in heated housing market

By |June 16th, 2017|Australia|0 Comments

The heat in Australia’s housing market is creating opportunities for disruptive businesses to address the frustrations of buyers and vendors. Although dwelling values softened marginally in the east coast capitals last month after fresh clamps on bank lending, the dip followed a five-year bull run where values soared more than 70 per cent in Sydney [...]

16 06, 2017

Here’s Another Sign Singapore’s Housing Market Is Recovering

By |June 16th, 2017|Singapore|0 Comments

Chalk up another sign Singapore’s housing market is recovering: redevelopment deals are back. After slowing to a trickle the past three years as housing prices fell, four redevelopment deals -- where a group of owners band together to sell entire apartment blocks at a hefty premium -- have been struck already this year, with a [...]

14 06, 2017

GCC realty investment prospects in Malaysia

By |June 14th, 2017|Malaysia|0 Comments

Middle Eastern investment in Malaysia has been traditionally substantial since the country started its push to tap capital and attract tourists from the Middle East under former premier Abdullah Ahmad Badawi in the early 2000s. Since then, the property market in Malaysia has seen strong demand, particularly from the GCC, spanning individual homebuyers and institutional [...]

14 06, 2017

Australia risks housing correction after foreign buyer tax hike

By |June 14th, 2017|Australia|0 Comments

SYDNEY (REUTERS) - Soon after Australia's New South Wales state announced it was doubling the tax for foreigner home buyers earlier this month, calls started flooding in to Sydney-based real estate agent Shan Lin. "My phone never stopped, I charged my phone three times, no kidding - overseas clients, overseas agents, my channels in China," [...]

14 06, 2017

S’pore property, Asia looking up: Fidelity

By |June 14th, 2017|Singapore|0 Comments

Strong condo sales making brokers positive on local developers; Asian stocks undervalued, says top exec SINGAPORE property is starting on a long uptrend, said a top executive at Fidelity International. "This current down cycle seems to me to have been going on for a long time," said Tim Orchard, who is chief investment officer equities, [...]

14 06, 2017

Singapore’s residential property market is sending mixed signals

By |June 14th, 2017|Singapore|0 Comments

Singapore's residential property market is getting mixed signals from prices, sales, rents and developers' land purchases Some analysts see signs of a gradual recovery, as end-users come off the sidelines But developers may see their margins get squeezed as competition for land pushes up prices, analysts said You'd be forgiven for being confused by Singapore's [...]

13 06, 2017

PropNex, DWG merge to become largest Singapore property agency

By |June 13th, 2017|Singapore|0 Comments

Singapore HOMEGROWN property agencies PropNex Realty and Dennis Wee Group (DWG) have agreed to merge - a move that will see the combined entity become Singapore's largest real estate agency with close to 7,000 salespeople. This is set to nudge ERA Realty Network, which has 6,238 agents based on the latest count, to second place. [...]

8 06, 2017

Glamour returns to KL’s luxury properties

By |June 8th, 2017|Malaysia|0 Comments

KUALA LUMPUR has shown an improvement in the luxury residential property market in the first quarter of the year, according to Knight Frank’s Prime Global Cities Index. In just over a year, the percentage changes were -1.9 per cent, -0.7 per cent and -0.3 per cent for the period between March 16 last year and [...]

8 06, 2017

Malaysian developer buys 1 Draycott Park near Orchard Road for $72m

By |June 8th, 2017|Malaysia, Singapore|0 Comments

SINGAPORE - A subsidiary of Malaysian property developer Selangor Dredging has purchased a parcel of prime freehold land in the Orchard area. Champsworth Development, which is 50 per cent owned by Selangor Dredging, paid S$72 million for 1 Draycott Park. This translates to a price of approximately S$1,787 per sq ft per plot ratio, inclusive [...]