property

Property

CDL sells 20% of Union Square Residences by end of Nov 9 at an average price of $3,200 psf

Prices of units start from $1.38 million ($2,981 psf) for a 463 sq ft one-bedroom

Property

Metro adds another 25% stake in Fairbriar Real Estate for GBP18 mil

The consideration comprises the purchase of shares for GBP10.9 million and the assignment of shareholders’ loan and its accrued interest of around GBP7.1 million as at Sept 30.

Results

Pan Hong Holdings expects a loss when it reports its 1HFY2025 ended Sept 2024

The company will report on or before Nov 14

Property

Tuan Sing takes ownership of Fraser Residence River Promenade

Shares in Tuan Sing closed 0.5 cents higher or 2.27% up at 22.5 cents on July 23.
First Sponsor Group consortium buys Sydney’s City Tattersalls Club’s property for A$24.7 mil - THE EDGE SINGAPORE

Property

First Sponsor Group consortium buys Sydney’s City Tattersalls Club’s property for A$24.7 mil

The presale launch for the residential apartments are slated to start in early 2025.

Property

Hong Kong rents reach pre-pandemic levels on Mainland demand

Much of the real estate market, including offices and residential sales, remains in a downturn.

US Economy

US real estate investors are wiped out in bets fuelled by Wall Street loans

A story of the collision of social-media investing, Wall Street’s securitisation machine and sharply higher interest rates

Broker's Calls

DBS keeps 'buy' on Hongkong Land despite impending writedown

The current valuation is unjustifiably low
China Removes Mortgage Rate Floor for Individual Homebuyers - THE EDGE SINGAPORE

Property

China removes mortgage rate floor for individual homebuyers

China removes mortgage floor, lowers downpayments for property, reports Bloomberg.
John Lam of UBS, who took on Evergrande, is now bullish on China property - THE EDGE SINGAPORE

Investing ideas

John Lam of UBS, who took on Evergrande, is now bullish on China property

'It was from instinct that something was just not right'
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