2016‎ > ‎

March 2016

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 Date Highlights
2nd MarSingapore Real Estate
  • 1 in 5 HDB loan applicants asked for larger loans: MND
  • Feb BTO exercise: Bidadari continues to see high demand
  • Singapore corporates on the prowl for properties in Australia
  • Golden Wall Centre eyes S$250m to S$270m in enbloc sale

Companies' Brief

  • Profits of S'pore-listed companies hit by fall in oil, property prices
  • JLL Singapore reshuffles its research arm
  • SRX launches new property magazine
  • Singapore's cleantech companies starting to take off in the region

Views, Reviews & Forum

  • Possible extension for HDB shops

Global Economy & Global Real Estate

  • China new home prices up in Feb
  • Luxury home prices in central London suffer biggest fall since 2009
  • Home values in Sydney rise for 2nd straight month
  • KKR Swoops in as Distress in India's Property Market Worsens
  • Artis REIT, Peers Take Calgary Office Hit Amid Oil-Price Slump
  • Redefine Buys Stake in $1.3 Billion Polish Real Estate Company
4th MarSingapore Real Estate
  • HDB resale flats up 0.2% in February: SRX Property
  • Cairnhill Nine's units attract strong interest
  • OCBC sells 8 shophouses and strata shop units for S$31.7m
  • Singapore developers 'can build on Viet market potential'
  • Lease extended, but fate of Alkaff Mansion restaurant still uncertain
  • Fire breaks out at Tg Pagar building site

Companies' Brief

  • Hongkong Land full-year profit up 52% on non-trading gains
  • CapitaLandCom to replace Noble in STI Index
  • LH Group plans to acquire Pacific Star Dev in S$140m RTO deal

Views, Reviews & Forum

  • Market watchers expecting slashed prices will be waiting for Godot

Global Economy & Global Real Estate

  • Pan Sutong's Goldin Financial Holdings wins land site for HK$6.38b
  • UK housing market risks rising, but lower than in 2014
  • Forget the Loft: The Newest Trend in Luxury Real Estate Is Walls
  • China Policy Moves Risk Property Price Bubble, PBOC Adviser Says
5th, 6th & 7th Mar Singapore Economy
  • Budget 2016 to focus on slowdown, economic transition: Heng Swee Keat
  • 'Keep calm and carry on' as Singapore economy slows

Singapore Real Estate

  • Africa beckons, as Surbana Jurong eyes 40-60% of revenue from overseas in 3-5 years
  • 2016's first EC launch outperforms recent projects
  • Camden Park bungalow plots owned by late-ACS principal on market
  • More private property owners selling at loss as resale, rental markets weaken

Global Economy & Global Real Estate

  • China will struggle to reach GDP targets till 2020: analysts
  • Eviction economy stands in the way of decent housing in the US
  • Johor's Forest City now a duty-free zone
  • Blackstone expects lower property returns as CMBS falters
  • Milan eclipses Rome in home sales
  • Fortress bets on Japan property
  • Shanghai Property Market Is `Overheated,' Top City Official Says
  • Student Lender SoFi Said to Explore Mortgage REIT Formation
  • World's Best REIT Hands Fortress 700% Gain on Bets After Tsunami
  • Property bubble fears in Chinese cities
  • Foreign workers 'boon to KL economy'
8th Mar
Singapore Economy
  • Vision of a 'people's garden' at Jurong Lake
  • Integrating tech and nature in Jurong

Singapore Real Estate

  • Ascott secures 50-unit serviced residence at one-north
  • Orchard Road and Tampines foodcourts up for sale

Companies' Brief

  • Frasers Centrepoint
  • Hongkong Land 
  • Hotel Properties
  • OUE H-Trust plans S$238m rights issue to buy hotel extension

Global Economy & Global Real Estate

  • Forest City developer presses ahead amid reclamation issues
  • China set to crack down on loans for home downpayments
  • HK home sales tumble 70% as slowdown intensifies
  • Mitsubishi Estate to build 50b yen 'Marunouchi' of Myanmar
  • Canada revs up hunt for foreign flows into housing market
  • Trump-branded tower is funded by rich Chinese who invest cash for visas
  • Yangon faces growing pains in real estate
  • Commodities Rebound Hinges on China's Real Estate Market: Chart
  • U.S. Commercial Property Prices Drop for First Time in Six Years
9th MarSingapore Economy
  • More Singaporeans living in condos, fewer driving cars: National household survey
  • Economist lauds countries' moves towards structural reform
  • Challenging year ahead for tourism industry

Singapore Real Estate

  • Condo resale prices slip 0.3% in Feb: SRX
  • Suburban apartment resale prices down
  • Singapore prime homes a good buy now: JLL
  • The rise of 5-star hospitals in Singapore
  • BCA investigating Ang Mo Kio lift that shot up 17 floors

Companies' Brief

  • OUE Hospitality Trust
  • Mapletree buys student housing assets for £417m

Views, Reviews & Forum

  • Property firms head overseas in hope of growth and profits

Global Economy & Global Real Estate

  • Forest City's slew of incentives seen as a big plus
  • Manhattan Fifth Avenue Properties Up for Sale in Test for Market
  • Auckland's Property Boom Complicates Central Bank's Next Move
  • China Housing Frenzy Makes Property Bonds Fund Manager Darlings
10th MarSingapore Real Estate
  • Changes to housing developers' rules
  • Property sector still in the doldrums
  • Ground appears less firm for building firms
  • HDB rents more resilient than those for apartments, condos
  • PropNex proposes new way to tweak ABSD
  • PropNex proposes tweaks to cooling measures, says it’s time to do so
  • NUS book traces progress of real-estate sector
  • Date set for 2nd S'pore hearing into tycoon's Canada land dispute
  • Probe into case of lift that shot up 17 floors

Companies' Brief

  • Ho Bee's recurring income strategy reaping dividends
  • Cache Logistics Trust

Global Economy & Global Real Estate

  • China housing frenzy spurs fund managers to favour property bonds
  • Manhattan Fifth Avenue Properties Up for Sale in Test for Market
  • China Housing Frenzy Makes Property Bonds Fund Manager Darlings
11th Mar Singapore Economy
  • Singapore ranked world’s most expensive city for 3rd year running
  • Singapore pushes for private investments in infrastructure
  • Business leaders 'less upbeat' about economy

Singapore Real Estate

  • No Asia Square sale to ARA on expiry of exclusive talks
  • JTC Furniture Hub @ Sungei Kadut to be completed end-2018
  • Strong interest in Cairnhill Nine ahead of launch
  • Buildings can play part in green fight

Companies' Brief

  • Low rent reversions ahead for industrial Reits: Credit Suisse
  • Singapore unfazed after India ups Reit game
  • Perennial Real Estate bonds draw good demand

Views, Reviews & Forum

  • Is your time running out to grab a property bargain?

Global Economy & Global Real Estate

  • China's consumer inflation hits 2.3%
  • Carrefour maintains plan for property unit's IPO
  • Central Pattana to invest 46b baht over three years
  • Shanghai Property Surge May Prompt Cooling Measures: Chart
  • Battle for Aman Luxury Resorts Spills Over Into New York
  • Americans' Home Wealth Recovers $7 Trillion as Prices Firm
  • Manhattan Luxury Rents Slide as Condo Buyers Seek Tenants
12th, 13th & 14th MarSingapore Real Estate
  • Straits Trading unit eyeing property in Australia, Japan, S Korea, China
  • Healthy demand for Cairnhill Nine and The Wisteria
  • New concepts at Downtown Gallery beckon
  • Raffles Medical's new mall to open soon
  • Govt to ramp up lift inspections islandwide
  • Home owners still ready to pay for exclusive decor: Experts

Views, Reviews & Forum

  • Costliest city? People have different needs from expats
  • Unwinding property cooling measures now ‘could do more harm than good’
  • Why HDB flat owners are in no hurry to sell
  • 'Rare' for HDB to allow flats to be sold early
  • Selling home without engaging an agent

Global Economy & Global Real Estate

  • Blackstone to sell US luxury-resort firm to China's Anbang: sources
  • Some Midtown Manhattan office landlords lower rents
  • Airbnb loses Virginia battle as it seeks statewide recognition across US
  • Hotel industry set for more M&A deals after busy 2015
  • India passes bill to regulate real estate sector
  • Greenland's 19 hotels worth $4.5b could be part of a Reit
15th MarSingapore Economy
  • Parliament passes changes to Economic Expansion Incentives Act
  • Weak growth in 2015 to dent government revenue
  • S'pore becoming more reliant on services sector

Singapore Real Estate

  • Hotel New World rescuers dug with their bare hands
  • Orchard Road malls seek new ways to draw the crowds
  • HDB will be flexible with third HDB loan: Lawrence Wong

Companies' Brief

  • Ascott Reit acquires second New York hotel
  • Keppel Land seeks to cancel remaining shares

Global Economy & Global Real Estate

  • Starwood Hotels gets rival bid from Anbang consortium
  • China Overseas Land in 31b yuan deal to buy Citic's property assets
  • Property swap is constructive reform
  • China Vanke brings in Shenzhen Metro as 'white knight' in up to US$9.3b deal
  • Much uncertainty about Vanke's rescue plan
  • Anbang Is Splashiest Chinese Investor in Property Spree: Chart
  • Anbang Is Splashiest of Chinese Investors in Property Deal Spree
16th Mar Singapore Economy
  • Singapore's financial services sector resilient amid new challenges
  • January retail sales beat expectations with 7.5% rise

Singapore Real Estate

  • Private home sales down 6.8% in February
  • New private home sales in Feb at 14-month low
  • Keppel Data Centres and NSCC seek strategic collaboration
  • AsiaMalls' portfolio holding up in retail downturn
  • Upper Aljunied Road to be realigned to free up more space in new Bidadari estate
  • Fire breaks out at Tang Plaza; no one hurt

Companies' Brief

  • Property veteran to helm Redas as its new CEO
  • Ascott Residence Trust
  • Four more resign from Colliers office team

Views, Reviews & Forum

  • Lift safety: Reliability issue should be a priority

Global Economy & Global Real Estate

  • Divergent China housing markets 'pose issues'
  • Manila office building hits 26-year high on outsourcing boom
  • China parents paying top dollar for properties that come with school rights
  • Beijing's house price curbs are biting
  • China's P2P Property Lending Growth Six Times Faster Than Banks
  • Shadow Lending for Chinese Home Down Payments Prompts Crackdown
  • Ireland’s NAMA Seeks Bids for Loans Once Worth $5.2 Billion
  • How Do You Fight Poverty? With the World's Biggest Flower Show
17th MarSingapore Economy
  • Economists again cut forecast for Singapore's 2016 GDP growth

Singapore Real Estate

  • Economy hotels likely to be worst hit in 2016: HVS poll
  • Some privatised ECs in high demand
  • Property firms tapping bond market to raise funds at attractive rates

Companies' Brief

  • Singapore property sector
  • Hiap Hoe unit to sell second Melbourne property

Global Economy & Global Real Estate

  • New York's high-end residential market slows down
  • HK luxury land plot prices below expectations
  • Vancouver property price hike pushes up country average
  • Mah Sing says it's time to shop for more land
  • China clamps down on shadow banking for home downpayments
  • Dublin rents rise above peaks hit a decade ago
  • 'Sleep box' developer eyes Suvarnabhumi as next target
  • Loans get scarcer for US developers trying to finish jobs
  • First-time US house hunters lose out in busy homebuying season
  • Newhouse Family Said to Give $200 Million to Media Venture Group
  • U.K. Apartment-Building Buyers to Pay Higher Stamp-Duty Tax
  • This $200 Billion Manager Says He's Seeing Value in Bonds Again
  • First-Time House Hunters Lose in Busy U.S. Homebuying Season
  • China's P2P Property Lending Growth Six Times Faster Than Banks
18th MarSingapore Economy
  • SME sentiment at neutral after 6 years of optimism

Singapore Real Estate

  • Reprieve for property developers unlikely
  • Co-working space seen as boon for office landlords and tenants
  • Seaview condo defects: Residents hit snag

Companies' Brief

  • Ascendas, Lum Chang join peers in issuing bonds
  • Singapore Reits

Views, Reviews and Forum

  • High-end properties lose some gloss, but long-term appeal remains

Global Economy & Global Real Estate

  • HK economy in worst shape in 20 years: Li
  • New York's Plaza Hotel put up for auction: source
  • Institutional investors to pay higher stamp duty for UK properties
  • China's No. 3 Developer Makes Deals as Default Risks Escalate
  • These Are the Cities Where Rich Millennials Live
  • Wanna Gamble on Property Market for Megarich? Consider Marnier
  • Billionaire Li Ka-shing Says China Property Prices `Reasonable'
  • Li Ka-shing's Cheung Kong Property Posts $2.01 Billion Full-Year Profit
  • UniCredit Cuts Property Burden With $1.7 Billion Sales Last Year
  • Buy This Irish Castle for the Bargain Price of $7 Million
19th, 20th & 21st MarSingapore Economy
  • Jobs, slowing economy top concerns for Singaporeans

Singapore Real Estate

  • Developers sanguine about selling out before ABSD deadlines
  • More properties to go on the block
  • Firm fails to get more land compensation
  • Spice trader's District 15 bungalow put up for auction
  • Beach Road 'hotel' still draws in tourists
  • TEE Land's Thai unit to build luxury, landed units
  • Building owners, event organisers ready to beef up security

Views, Reviews & Forum

  • Investors see opportunity in EC market

Global Economy & Global Real Estate

  • Starwood signs deal to manage hotels in Cuba
  • NY's housing authority cooperating in 'very expansive' federal inquiry
  • China property tycoon Wang Jianlin eyes sporting trophy
  • British Columbia readies new rules to tackle 'shadow flipping'
  • After stellar boom, UK housebuilders face tougher progress
  • Ascott targets 2,000 units under new Tujia Somerset brand by the end of 2016
  • China home prices soar in Feb
  • Anbang makes binding Starwood Hotels bid
  • Chinese developer Greenland's default risk rises
  • Lim Guan Eng opens bungalow to newsmen
  • Starwood Hotels Plans to Accept Anbang's $13.2 Billion Bid
22nd MarSingapore Real Estate
  • More banks may cut back on office space amid weakening outlook

Companies' Brief

  • Ascendas India Trust
  • Keppel Corporation
  • Yongnam Holdings

Views, Reviews & Forum

  • Masterplanning A Mindset Shift

Global Economy & Global Real Estate

  • Global house prices in 2015 build on 2014 gain
  • Existing home sales in February down more than forecast
  • Hong Kong's Housing Market Looks Like It's Avoided a Bust
  • Previously Owned U.S. Home Sales Decline More Than Forecast
  • One More Big Reason You Can't Buy a Home
  • New World Development Wins Go-Ahead to Take Chinese Unit Private
  • Starwood Battle to Have Little Impact on Price of Rooms
  • Starwood accepts sweetened bid from Marriott
  • Marriott Wins Starwood Hotels Support With Improved Takeover Offer
  • Iron Ore Climbs as Signs of China Property Revival Boost Outlook
  • Canadian REITs Tap Banks, Sending Bond Issuance to Four-Year Low
  • Cheung Kong Property Rises to Two-Month High After Share Buyback
  • Shanghai planning to curb property price hikes: sources
  • China property bubble looming for int'l investors
23rd MarSingapore Economy
  • Budget 2016 and the remaking of Singapore's economy

Singapore Real Estate

  • Observers hope Budget 2016 will address issues with Fresh Start Housing Scheme
  • NUS, CDL to develop green building technologies
  • Up on the roof, there's energy to be tapped

Companies' Brief

  • Bigger Is Better for Singapore REITs Facing Consolidation
  • Good buys for Reits harder to come by with lower debt limits

Global Economy & Global Real Estate

  • HK developers' share prices show little reason to fear crash
  • As London landlords wilt, S Africa Reits defy slowdown
  • Japan's 2015 commercial land prices increase for first time in 8 years
  • US house prices climbed 0.5% in January as inventory tight
  • Sell Real Estate to Fund Tunnel, Port Authority Head Degnan Says
  • Property Bubble Ghost Haunts Central Bankers Trying to Boost Prices
  • Macy’s Adds Real Estate CEO to Board to Help With Property Plans
  • As London Landlords Wilt, South Africa's REITs Defy Slowdown
  • China's Hot Property Market Helps Cut Asian Junk Bond Yields
  • Why Israeli Investors See Cracks in New York's Most Expensive Buildings
  • Hong Kong's Housing Market Looks Like It's Avoided a Bust
  • Penang chief's bungalow purchase: Seller 'not forced to sell'
24th MarSingapore Economy
  • Finance Minister Heng Swee Keat's first Budget likely to help SMEs weather the slowdown
  • SIAS expanding purview to alternative investments

Singapore Real Estate

  • Koh Brothers eyes more hotel assets and M&A targets
  • CapitaLand latest to enter co-working space arena
  • NEA hands out S$1.3m in quieter building grants

Companies' Brief

  • S-Reits set for wave of consolidation: CIT chief

Global Economy & Global Real Estate

  • Japan's commercial land prices post first rise in 8 years
  • Developers raise Thai mall investment to 54b baht
  • Overseas remittances fuelling boom in Vietnamese property market
  • Steps to cool Australian property investment lending 'positive if modest': RBA
  • JB can be Malaysia's second-biggest city: Johor Sultan
  • Deal of the Week: Chinese Firms Turn `Homewreckers' in U.S. M&A
  • Leon Charney, New York City Real-Estate Owner, Dies at 77
  • China's Urban Consumers More Optimistic Even Amid Slowing Growth
  • China Zhongwang Bids to Improve Valuation With Shanghai Listing
  • Trudeau Wades Into Foreign Homebuyer Debate With Funding
  • Sell Real Estate to Fund Tunnel, Port Authority Head Degnan Says
  • Bordeaux Winemakers Are Snapping Up Napa Estates
  • Business sentiment in Asia perks up: Survey
25th, 26th, 27th & 28th MarTop Stories
  • Singapore Budget 2016: Property players fret over absence of relief
  • Budget 2016 Quick Takes: Double whammy for property developers
  • Govt says it again: Too early to lift cooling measures
  • Innovation district to be created in Jurong
  • $4.5 billion helping hand for industry
  • Singapore Budget 2016
  • Budget 2016: 10 things you need to know

Singapore Economy

  • No bottom yet on economy, says Fullerton

Singapore Real Estate

  • Q1 property investment sales set to plunge to near seven-year low
  • Lagoon View owners group loses privatisation levy case
  • Diner claims rat disrupted meal at new Punggol mall
  • Plan to directly link Punggol and Pasir Ris towns
  • ST reporter's taste of life in an 'HDB-style' dorm for workers

Companies' Brief

  • Perennial to acquire 20% of China's Aidigong
  • NUS, CDL collaborate to study smart building technology

Views, Reviews & Forum

  • How the 5G mobile revolution could transform Singapore's hotel sector
  • A Budget to transform the economy

Global Economy & Global Real Estate

  • Stronger consumer spending pushes Q4 GDP growth to 1.4%
  • Shanghai moves to cool red-hot property market
  • Michael Jackson's home still unsold, 10 months on
  • Once-empty Bell Labs building revived as New Jersey tech hub
  • Vietnam's GDP growth slows in first quarter
  • Office subleasing in San Francisco flags slowdown in city's economy
  • China's Wanda to scale back construction in smaller cities
  • Foreign names of China projects under fire
  • Monte Paschi Said to Seek Buyers for $223 Million of Bad Loans
  • Shanghai Tightens Non-Local Homebuyer Rules as Prices Surge
  • Canada's OPTrust to Bring $6.8 Billion Fixed Income In-House
  • Home-price rise exceeds wage growth in US: report
  • Shenzhen banks asked to tighten home-loan practices
  • Online Property Companies Soar on China's Real Estate Recovery
  • NorthStar Realty Europe Said to Ready $1 Billion Assets Sale
  • Tech Slowdown Seen in San Francisco's Commercial-Property Market
29th MarTop Stories
  • Bespoke roadmaps for over 20 economic sectors in the works: Heng
  • Four key challenges for Singapore in next 50 years

Singapore Real Estate

  • Resale prices of private apartments inches up 0.4% in February
  • Amara buying Newton Road bungalow for S$18.8 million
  • Prices of completed private apartments up slightly in February
  • JTC Food Hub @ Senoko offers fresh take on space
  • Fire breaks out at Midpoint Orchard

Companies' Brief

  • Frasers adds 8th property to Jakarta portfolio
  • Keppel, the multi-business conglomerate

Global Economy & Global Real Estate

  • Hot property market Shenzhen tightens rules to cool housing market
  • China's real estate recovery spurs rally in online portals
  • S Korean builder upbeat on US$20b Saudi housing deal
  • No bids for US$2.7b Philippine infrastructure project
  • Currency devaluation fans Egypt property boom
  • NFL's Suh Has Real Estate Wagers in Four States, Filing Shows
  • Starwood Gets Higher $14 Billion Offer From Anbang-Led Group
  • China Stocks Fall as Property Curbs Overshadow Industrial Profit
  • Antidote to Dollar Crunch Seen Fanning Egypt's Property Boom
  • Online Property Companies Soar on China's Real Estate Recovery
30th Mar Top Stories
  • What Singapore could face in 2030
  • Trade associations and chambers have to play more active role: Experts

Singapore Real Estate

  • Famous hotpot chain founder buys GCB
  • Takashimaya in rent dispute with landlord Ngee Ann City
  • JTC launches sale of Woodlands industrial site
  • Pest control checks done nightly: Waterway Point

Companies' Brief

  • Low Keng Huat's Q4 earnings fall 58%
  • Ascendas Real Estate Investment Trust

Global Economy & Global Real Estate

  • Anbang's US$14 billion offer could kill Marriott's bid for Starwood
  • Ex-wife of Wynn Resorts founder sues for control of her stake
  • This $8.3 Million Italian Castle Comes With Its Own Town
  • Starwood bid: Will Marriott check out?
  • Buy a castle, get a town thrown in
31st Mar Singapore Real Estate
  • Q1 mortgagee sale listings close to 2008 crisis level
  • Bukit Batok commercial, residential site up for sale
  • No buyers for bankrupt trader's bungalow
  • Tycoon ceases S'pore action against Concord
  • Bukit Batok West mixed-use site expected to draw some interest
  • More construction firms to adopt new technology to curb pollution
  • Al-Futtaim to close 10 or more stores in S'pore
  • nex Serangoon to be site for SCDF’s operational exercise

Companies' Brief

  • Singapore retail and office Reits expected to be resilient: Fitch

Global Economy & Global Real Estate

  • Plugging Asia's $11 trillion infrastructure gap
  • China's future challenge for the world economy
  • Banyan Tree eyes projects in Malaysian secondary cities
  • Turkey's indebted tourism industry hit hard by terror attacks
  • Evergrande shares fall as developer piles on debt to expand
  • US 20-city gauge shows home prices continue to rise in January
  • Starwood's losing bidder may find consolation in European sector