home prices

 
 

Singapore announces surprise property curbs to cool market

SINGAPORE, July 6 — Singapore’s renewed clampdown on speculative property demand sent real estate stocks reeling today, as analysts predicted the end of a nascent home price rebound and the deflation of a buoyant market for collective sales. The…


Singapore’s decisive property crackdown set to damp 'euphoria’

SINGAPORE, July 6 — Singapore’s surprise crackdown to drive out speculative investments from the property market will probably hit collective sales that had become popular with developers of late, sending stocks reeling. The tightened rules,…


Hong Kong central bank raises base rate 25 bps after Fed hike

HONG KONG, June 14 — The Hong Kong Monetary Authority (HKMA) raised the base rate charged through its overnight discount window by 25 basis points today to 2.25 per cent after the US Federal Reserve raised interest rates by a quarter of a…


Australia central bank governor not worried about house price slowdown

MELBOURNE, June 13 — Australia's central bank governor said today the current slowdown in the housing market isn't a cause for concern but flagged the need for policy to remain at record lows for the foreseeable future with wage growth and…


MRT, HST cancellation dampens property outlook

KUCHING: The cancellation of several projects such as the Mass Railway Transit (MRT) 3 Circle Line and the High Speed Railway (HSR) connecting Singapore and Malaysia will will have a negative impact on developers who have invested in projects surrounding those localities. AmInvestment Bank Bhd (AmInvestment Bank) in a sector outlook yesterday opined that the […]


Affordable housing to be key focus of property sector

KUCHING: The affordable housing segment is expected to be the key focus of the property sector for the next 12 to 18 months thanks to the election promises made by the Pakatan Harapan (PH) government. To recap, the PH government in its GE14 manifesto detailed that they aim to construct on million affordable housing units […]


Chinese property developers bet on higher returns with mezzanine loans

HONG KONG, June 8 — Chinese property companies are increasingly tapping expensive mezzanine loans as they seek out higher returns, a trend that could undermine government efforts to cool the country’s booming real estate sector and rein in debt….


China pushes state banks into home rental market

SHENZHEN, CHINA: As property prices rocket across China, Beijing has appealed to the country’s banks and insurers to help accelerate the development of rental markets as a way of making homes more affordable – and rein in speculative sale markets. The big state banks have responded by pledging more than 3 trillion yuan (US$467 billion) […]


HK property millionaires fuel 49-year-old brokerage

1

Booming market: A file picture showing apartment buildings and low-rise units standing in high-end Discovery Bay. Centaline Property’s Centa-City Leading Index of existing home prices hit a record this month and has risen about 10 this year. — Bloomberg”  HONG KONG: One of Hong Kong’s oldest brokerages is boosting its wealth management operations in the city, where millionaires are being minted by a property boom. Everbright Sun Hung Kai Co, a unit of China’s Everbright Securities Co, plans to add 100 relationship managers specialising in clients with at least HK$8milRead More


Hong Kong property millionaires fuelling 49-year-old brokerage

HONG KONG, May 30 — One of Hong Kong’s oldest brokerages is boosting its wealth management operations in the city, where millionaires are being minted by a property boom. Everbright Sun Hung Kai Co, a unit of China’s Everbright Securities Co,…