Real News‎ > ‎2014‎ > ‎

March 2014

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Weekly Malaysia News:



Weekly World News:



1-Mar

Top Stories 

             ·         S'pore is at frontier of skyrise greenery movement: Khaw Boon Wan

 

Singapore Real Estate

              ·         Development charge rates up from today

·         Non-landed completed home prices slip 0.5% in January: flash estimate

·         Loan growth eases on fear of rate rise

·         Prince Charles Crescent site up for tender

·         First Courtyard branded hotel to open in S'pore in 2017

·         UIC gets boost from SingLand offer

·         Developer dangles carats to lure buyers

·         Productivity challenge stumps builders

·         'Remove all risk of workplace accidents'

 

Real Estate Companies' Brief

              ·         OUE's full year dented by fair-value losses

·         Divestment gain boosts UEL full-year bottom line

·         Yeo Hiap Seng's Q4 profit more than doubles to $17m

·         UOL logs 3% dip in profit to $785.8m

·         Fair-value gains boost Centurion's Q4

·         Croesus Retail Trust

 

Global Economy & Global Real Estate

           ·         HK property developers targeting middle-class, first-time buyers

·         Fourth-quarter GDP growth cut to 2.4%

·         London Tube Station Used to Repel Nazi Blitz Sold for Homes

·         Deutsche Annington to Buy 41,500 Apartments for $3.3 Billion

·         BlackRock Converts Stake in Affiliate of PennyMac Into Shares

·         Elderly Housing Deals Make Capital Senior Next: Real M&A

·         Sun Hung Kai May Raise $2.9 Billion to Buy Land in Hong Kong

       ·         Pending Sales of Existing Homes in U.S. Rose 0.1% in January 

2-Mar

 Singapore Real Estate

              ·         Refinancing that home loan on many a to-do list

 

Views, Reviews & Forum

             ·         People-friendly projects

3-Mar

Global Economy & Global Real Estate

            ·         UBS Wealth, Templeton buy China property firms

            ·         India's Dec quarter GDP up a disappointing 4.7%

     ·         Fewer in US dream of owning a home 

4-Mar

Top Stories

              ·         S'pore 5th costliest among 12 cities to live, work in

·         Productivity schemes should be fine-tuned: MPs

·         MND seeking to make town councils more accountable

·         M² mall to include hotel, FairPrice supermarket

·         3 industrial sites - 1 in Food Zone - for sale

·         Sengkang West 'not quite Jalan Kayu'

 

Real Estate Companies' Brief

              ·         Centurion Corp

 

Views, Reviews and Forum

              ·         Growth v greenery: Where will Singapore's priorities lie?

·         Balancing act in reining in property prices

·         Contractors must take action to control construction dust

 

Global Economy and Global Real Estate

              ·         GLP inks tie-up with Bank of China

·         China property trusts face rising default risks

·         Chinese are top property buyers in Australia

·         Soros, Paulson buy stake in Spanish Reit

·         US rental homes: Daiwa House to invest 150b yen

·         UK home price rise quickens at fastest pace in seven years

·         Vornado to Sell Springfield Mall to Pennsylvania REIT

·         Daiwa House to Invest 150 Billion Yen in U.S. Rental Housing

      ·         TARP Funds Demolish Homes in Detroit to Lift Prices: Mortgages 

5-Mar

Top Stories

              ·         Granite price hike is to incentivise importers: Khaw

·         S'pore 'world's most expensive city'

·         Survey on cities' living costs sparks debate

·         More urgency needed for firms to raise productivity

 

Singapore Real Estate

              ·         Metro to replace Robinsons as Centrepoint's anchor tenant

Real Estate Companies' Brief

              ·         Reits attract capital, create high-value jobs: study

·         Lotte Shopping delays S$1.27b Singapore IPO

 

Views, Reviews & Forum

              ·         Raising productivity: It's personal

 

Global Economy and Global Real Estate

              ·         Indonesia to woo global firms, promote industrial zones

·         Philippines to get property-price index

·         RBA holds rates as housing revives

·         Hong Kong’s ‘Nose Bleed’ Skyscraper Office Values Beat Manhattan

·         Suicide Musings Turn to $600 Million in L.A. Investments

·         Obama Budget Predicts Strongest U.S. Growth Since 2005: Economy

·         Starwood Will Open More Than 60 European Hotels by 2020

·         U.K. Construction Growth Slows as Floods Disrupt Building

·         Soho China 2013 Earnings Rise as More Properties Completed

·         Damac 2013 Full-Year Profit Triples as Dubai Real Estate Booms

       ·         China Tropical Island Lures Rich Homebuyers Fleeing Smog 

6-Mar

 Top Stories

               ·         Tharman maps out path to transform S'pore economy

 

Singapore Economy

              ·         Raising productivity only way to manage business costs

·         'Middle path' for productivity drive

·         Flawed EIU study made Singapore world's costliest

·         Hard questions to answer for S'pore's development

·         Cost-of-living surveys reflect expatriate, not local, costs

·         Government keeping eye on growth of population

·         S'pore the costliest city? That's rich

·         Singapore expected to be No. 2 on ultra-rich list by 2023

 

Singapore Real Estate

              ·         Feeling heat from cooling property

·         Jumabhoys' villa project in India off to a good start

·         Changi Business Park shaping up as infocomm tech hub

·         Property agents turn to rental market as sales slow

 

Real Estate Companies' Brief

              ·         Economists divided over Reit impact on business

·         Office Reits

 

Views, Reviews & Forum

              ·         'Every Budget must be focused on our future'

·         S'pore world's most expensive city? No

·         Allow state land to be used for community farming projects

 

Global Economy and Global Real Estate

              ·         Asia's ultra-wealthy to invest more in property: survey

·         84, and on a second wind

·         China buyers to prop up Aussie home prices

·         Record UK supermarket- leased property bought

·         Sojitz plans to list Reit in April

·         Al Salam Bank launches syariah- compliant Reit

·         Super premiums for top floors of HK office towers

·         Big hotel chains carry on despite political tensions

·         For-profit bodies revive closed hospitals as medical halls

·         Temporary home for British firm in Guangzhou

·         Hovnanian Has Wider Loss as Sales Demand for Homes Slows

·         London’s ‘Iceberg Homes’ Should Be Limited, Assembly Tells Mayor

·         Singapore to Overtake Tokyo as Asia’s Wealthy Hub in 2023

·         Americans Shut Out of Home Market Threaten Recovery: Mortgages

·         Google Invests $50 Million in Property Broker Auction.com

·         Spanish Property Investor Lar Espana Rises on First Trading Day

·         U.K. Supermarket Annual Property Sales Rise to Record $3 Billion

7-Mar

 Top Stories

              ·         Govt to step in if unfair Reit practices arise: Ser Luck

 

Singapore Real Estate

              ·         Property players split on making public COVs for HDB resale flats

·         Resale flat COVs fall to zero for first time since 2006

·         Buy pledges bagged for 40% of Cluny Park Residence

·         CDL, Hong Leong top land bank ranking

·         More rental data to be available to public later this year

 

Real Estate Companies' Brief

              ·         Singapore Land

·         Who says Tuan Sing is going private?

·         Lian Beng buys 5.03% of Centurion for $21.7m

·         Hongkong Land posts record underlying profit

·         REITs: Good or bad?

 

Views, Reviews & Forum

              ·         Implications of being 'priciest' city

 

Global Economy and Global Real Estate

              ·         Global Logistic Properties buying Brazil assets for 3.18b real

·         New Penang bridge benefiting developers

·         China property prices are overheating: Vanke

·         HK home prices fall to 7-month low in Jan

·         Osaka to open Japan's tallest building

·         RBA’s Stevens Says He Doesn’t See Need to Reduce Rates Further

·         Moody’s Seeks Comment on Approach to Rating Rental-Home Bonds

·         U.S. Mortgage Rates Fall With 30-Year Average at 4.28%

·         U.K. Home-Price Growth Accelerates to Fastest Since May 2009

·         Silverstein Joins Buffett Celebrating NYC Property Bet

·         China Vanke 2013 Profit Rises on Small-to-Medium Home Sales

8-Mar

Singapore Real Estate

              ·         More luxury units going at discount

·         Condos latch on to Cluny Park address

·         Property values 'unlikely to slide in longer term'

Real Estate Companies' Brief

·         GIC real estate president doubles as COO

·         Ho Bee buys 2nd London realty for £171m

·         OUE Hospitality Trust

·         Lian Beng

·         Frasers Centrepoint

·         Property link among big dividend payers

 

Global Economy & Global Real Estate

              ·         Yuan swings renew fears over China developers

·         Banyan Tree launches Penang beach resort units for sale-leaseback

·         CVC, Carlyle Said to Await Morrison Property Study Result

       ·         RBA’s Stevens Says He Doesn’t See Need to Reduce Rates Further 

9-Mar

Views, Reviews and Forum

              ·         How to attract tenants in a tough market

 

Global Economy & Global Real Estate

      ·         Investors 'home in on Malaysia and Australia' 

10-Mar

Singapore Real Estate

             ·         Steep prices stall resale of DBSS flats

 

Views, Reviews and Forum

            ·         Cut cooling measures? But prices still near record highs

 

Global Economy & Global Real Estate

            ·         China's February inflation rate up 2%

     ·         Egypt’s Al-Seesi Pledges to Build 1 Million Homes as Vote Looms 

11-Mar

Singapore Real Estate

              ·         New methods may raise costs for developers

·         Non-landed resale homes market remains soft in Feb

·         Three adjoining Bukit Timah freehold properties up for sale

·         City Square Mall bags global green award

·         Liveability standards need to take in residents’ social & emotional needs, say experts

·         Record high collection in stamp duties

·         Making all the right turns in housing

·         Khaw, Zen and the art of motorcycle parking charges

·         HDB overhauls system for resale transactions

·         Govt takes another look at reverse mortgage scheme

·         Facelifts for three more HDB towns

·         Ministry to seek ideas on protecting Pulau Ubin

·         New online guide on buying foreign property

·         JTC names tender winners of 4 sites

 

Real Estate Companies' Brief

              ·         UEL unit sells stake in Suzhou property devt firm

              ·         Ascendas ties up with China wealth

Views, Reviews and Forum

              ·         Keep HDB loan rate lower than banks'

·         The price of rising cost pressures

 

Global Economy & Global Real Estate

              ·         Wanted: China tenants for UK business district

·         Poland's mortgage rates on the rise

·         Bid for Morrison: Firms await review's outcome

·         TPG to sell 56 farm properties of Ingham

·         NY property tax system seen as inequitable

·         Dubai firm to build 1m homes in Egypt

·         Rebuilding work still bogged down in red tape

·         U.S. Projects $179 Billion Profit From Fannie Mae, Freddie Mac

·         Developers Slump as Yuan Drop Closing Fund Window: China Credit

       ·         Blackstone Said to Plan $5.5 Billion Gates Global Bid With TPG 

12-Mar

 Singapore Economy

              ·         Ministry disputes findings of living affordability study

·         A smarter workforce is about more than just productivity

 

Singapore Real Estate

              ·         Changes unlikely to affect valuation, say experts

·         Rise and fall of COV – the property mover

·         Better methods unlikely to hit developers' margins

·         MND to study if reverse mortgages should be provided by private market or govt

·         EL Dev tops bids for Yishun condo site

·         Yoma pushes for diverse businesses in Myanmar

·         PropertyGuru considers listing in Australia or S’pore

·         Sports Facilities Master Plan

 

Global Economy & Global Real Estate

              ·         UOA ventures into Myanmar property market

·         China model offers GLP diversification

·         Australia's business conditions weaken in Feb: survey

·         White House projects higher growth this year

·         Dubai’s First IPO in Five Years as REIT Seeks $136 Million

·         African Barrick Falls Most in 14 Months in London on Sale

·         Office Towers Better Than Bonds Luring Global Investors

·         Blackstone Said to Plan $5.5 Billion Gates Global Bid With TPG

·         London’s Dulwich to Boost Yoma Plan for ‘Upmarket’ Myanmar Homes

13-Mar

Singapore Real Estate

              ·         LaunchPad 'to regional start-up hub goal'

·         Largest warehouse retail mall to open in Q4

·         Design sector to get grants, tax incentives

·         Far East unit wins Sentosa hotel site tender

·         GIC sees opportunities in developing markets

 

Real Estate Companies' Brief

              ·         Yoma Strategic Holdings

 

Views, Reviews & Forum

              ·         Growing the economy the smart way

·         Social impact of solo households

·         Revised HDB resale process will cause uncertainty

·         New HDB rules do not change resale market

·         Be cautious with new rules on flats

 

Global Economy & Global Real Estate

              ·         Extended-stay hotels take off in Manhattan

·         Lend Lease shares fall as Sydney site fire halts work

·         Cash deposits revive Miami luxury condo market

·         Prime office towers look good to investors looking for yield

·         China firm buys tallest residential tower site in Europe

·         NFL Teams’ Settlement Lets $2.9 Billion N.J. Mall Proceed

·         Google Searches for Space in NYC’s Soho for Retail Store

       ·         Lend Lease Drops as Fire Threatens Crane at A$6 Billion Site 

14-Mar

 Singapore Economy

              ·         No more drawdown from national granite stockpile

·         Buyers and sellers starting to go by past transactions

·         Some sellers 'may exploit loophole'

·         COVs: Confined to history?

·         Savvy in real estate

 

Singapore Real Estate

              ·         Ascott wins Yangon, Wuhan management contracts

·         First Reit buys another hospital in West Java

·         PLife Reit buys Japan healthcare assets

 

Views, Reviews & Forum

              ·         Tweak rules for improvement works in private estates

·         Property valuers follow guidelines, not prices

·         Keep rental rates stable

·         High rents hit small businesses

·         HDB loan rate tied to CPF interest rate

·         Many uncertainties with new system

·         Real estate body must clarify guidelines for online property ads

 

Global Economy & Global Real Estate

              ·         Johor tops in unsold property in Malaysia

·         UK house price growth eases in February

·         Local govt curbs hit China home sales for Jan and Feb

·         HK-listed China developer's profit up 23% at HK$23b

·         Google hunts for retail space in NY Soho

·         Falling Manhattan condo rents offer respite

·         Chinese developer, theme park operator tumble in HK debuts

·         New World Development to Take Unit Private for $2.4 Billion

·         U.S. Mortgage Rates Climb With 30-Year Average at 4.37%

·         Osborne Told to Curtail U.K. Housing Stimulus to Prevent Bubble

·         London Powers U.K. House-Price Growth to Fastest for 21 Months

·         Oil-Fouled Waters Spoil Niger Delta as Homes Abandoned

·         Manhattan Apartment Tenants Get Relief as Rents Decline

15-Mar

Singapore Economy 

              ·         Bosses face more painful labour crunch this year

·         Singapore retail sales flat in January

 

Singapore Real Estate

              ·         Developers fear being boxed in by prefab

·         St James in $1.5b RTO deal with Perennial

·         Draycott 8 unit up for auction; 4 Sentosa Cove condos up for sale

·         Potential in suburban office space

·         Commercial investors can benefit from Yishun buzz

·         Quick action makes short work of HDB market woes

·         Removing COV is a bold, timely U-turn

·         New lease of life for oldest Teochew temple

·         Turn Ubin into ecotourism spot?

·         Fire breaks out at construction site next to Junction 10

 

Real Estate Companies' Brief

              ·         S'pore Reits may be back in favour

·         Fortune Reit sees costs rising on utility rates, minimum wage hikes

·         Soilbuild unit clinches $39.5m deal

·         SingHaiyi JV on Anchorvale EC

·         First Real Estate

·         Parkway Life Reit

 

Global Economy & Global Real Estate

              ·         Trim UK housing stimulus, say economists

·         Emaar Plans to Raise Up to $2.45 Billion in Malls Listing

·         Blackstone’s Home Buying Binge Ends as Prices Surge: Mortgages

·         U.K. Commercial Property Values Rise for 10th Straight Month

·         Clydesdale Offers Prime U.K. Mortgage Bonds as Home Prices Surge

      ·         Osborne Told to Curb U.K. Housing Aid to Prevent Bubble 

16-Mar

Views, Reviews & Forum

              ·         Costliest city? But can it be home to citizens?

·         Plan for malls, food centres in estates

 

Global Economy & Global Real Estate

              ·         Don’t rush to buy into ‘hot spots’

·         London calling with properties further afield

       ·         Dubai to Pay 1% on $20 Billion Owed to Abu Dhabi, Regulator 

17-Mar

Singapore Real Estate

              ·         Medical suites looking good to investors

 

Global Economy & Global Real Estate

              ·         China to Spend More Than $162 Billion on Shantytowns

·         Bouygues, Lend Lease Join Transurban in A$3 Billion Road Project

·         Osborne Signals U.K. Homebuilding Measures for Budget This Week

       ·         London Home Prices Rise to Record Amid Focus on Stimulus 

18-Mar 

Singapore Real Estate

              ·         S'pore private home sales up in Feb

·         Two adjacent warehouses in Tampines up for sale

·         CEA launches online guide to buying foreign property

·         RB Capital repositioning Robertson Quay assets

 

Real Estate Companies' Brief

              ·         Centurion Corporation

·         St James shares up on reverse takeover news

 

Views, Reviews & Forum

               ·         Valuations are meant to be a guide for bank loans

 

Global Economy & Global Real Estate

               ·         Int'l Healthway buys 2 more Aussie properties

·         Australia to probe foreign home buying

·         Blackstone slows home buying as prices surge

·         China to spend S$205b to redevelop rural towns, boost urban population

·         China Developer With $567 Million Debt Said to Collapse

·         Digital Realty’s Chief Executive Departs, Replaced by CFO

·         China Greenland to List in Shanghai Through Jinfeng Swap

·         Evergrande Bonds Decline Amid China Housing Bankruptcy

·         NorthStar to Buy $1.05 Billion of Health-Care Buildings

·         Sydney Offices Turn Into Housing Avoiding Shakeout: Real Estate

·         Homebuilder Confidence in U.S. Lower Than Forecast in March

·         Brookfield’s Brush Said to Leave Post to Head Spanish REIT

·         London Home Prices Rise to Record Amid Focus on Stimulus

       ·         German Homebuilding Permits Climb to 10-Year High as Prices Rise 

19-Mar

Singapore Real Estate

              ·         Prices dip for housing units at uncompleted projects

·         First of DBSS flats enter resale market

 

Real Estate Companies' Brief

              ·         OUE, Lippo, Caesars in S Korea casino project

·         Suntec Reit tops with YTD returns of 11.1%

 

Views, Reviews & Forum

              ·         Valuations are meant to be a guide for bank loans

 

Global Economy & Global Real Estate

              ·         M'sia industrial land prices seen rising by 10%

·         Chinese property developer near insolvency: sources

·         BOJ easing pushes up land prices in Japanese cities

·         China FDI slowed sharply last month

·         Asian developers fuelling Sydney’s office conversions

·         Stockland Takes 19.9% Australand Stake as CapitaLand Exits

·         CommonWealth REIT Holders Vote to Oust Board, Corvex Says

·         China Home-Price Growth Slows in Big Cities on Tight Credit

·         NYC’s Socony-Mobil Tower Said on Market for $900 Million

·         Dubai Eases Laws to Double Hotel Rooms Ahead of 2020 Expo

·         Housing Starts in U.S. Little Changed From Stronger January

       ·         Developers’ Bonds Decline Amid China Housing Bankruptcy 

20-Mar

Singapore Economy

              ·         Analysts revise growth forecast down to 3.8%

·         S'pore tourism contribution forecast to rise 5.8%: WTTC

 

Singapore Real Estate

              ·         April launch for Farrer Square medical suites

·         700 Beach up for sale again - as a hotel

·         Dorms here 'surpass global standards'

·         First DBSS resale units fetch up to nearly $700,000

·         Developers to hold firm on home prices, say analysts

·         Premium, Grade A office rents keep rising in Q1

Real Estate Companies' Brief

              ·         Suntec Reit raising $341m to repay debt

·         Suntec Reit

·         CapitaLand sells remaining stake in Australand

·         Property Development and Investment

 

Views, Reviews & Forum

              ·         Access to HDB valuations crucial in some cases

·         Is valuation a science or a matter of opinion?

·         Improvement works in private estates: BCA replies

 

Global Economy & Global Real Estate

              ·         Household debt growth slowest since 2010: KL

·         More funds for Asia-Pac property: CBRE survey

              ·         GLP Park Hefei Hi-Tech now fully leased

              ·         Ireland's Nama plans property loan sales at discount

·         Zara owner builds US$10b property empire

·         China stocks, currency fall on property concerns

·         Slower rise in China new-home prices

·         Land prices rise in Japan's 3 largest cities

·         Restructuring China’s economy for growth and liveability

·         China Developers Get Share-Sale Approval in Rules Shift

·         KB Home Rises Most in 3 Months as Profit Tops Estimates

·         Osborne Targets Empty U.K. Company-Owned Homes With Extended Tax

·         Ortega Outbids Pros to Build $10 Billion Property Empire

·         CommonWealth REIT Activists Win Votes to Remove Board

       ·         Irish Bad Bank Said to Plan Sale of $418 Million Property Loans 

21-Mar

Singapore Real Estate

              ·         SRX launches real-time property pricing feature

·         URA plan to 'unblock' Boat Quay

·         Vision Exchange: first phase sale tomorrow

·         MBS seeking more land from govt, says Adelson

·         JTC official spearheading Tianjin Eco-City physical planning

·         The old-world beauty of Beauty World

 

Real Estate Companies' Brief

              ·         Private placement by Suntec raises questions

·         Starhill Global Reit

 

Views, Reviews & Forum

              ·         Angst over HDB resale flat valuations

 

Global Economy & Global Real Estate

              ·         Luxury home project in Johor in the works

·         Good response to Oxley's London launch

·         Myanmar hotel sector to soar

·         February home sales drop to 19-month low

·         Mainland Chinese rush to sell HK luxury homes

·         2 China developers get nod for stock placements

·         Sales of Existing Homes in U.S. Fall to Lowest Since 2012

·         Colony Plans $513.6 Million of Debt Tied to Rental Payments

·         Lennar Profit Tops Estimates as Home Prices Increase

·         KB Home Issues $400 Million of Bonds as Housing Sales Decline

·         Henderson Land Underlying Profit Rises on China Property Sales

·         Carlyle Partners Bail Out Brazil Real-Estate Developer

·         Intu to Acquire U.K. Malls From Westfield for $1.4 Billion

       ·         China Developers Get Share-Sale Approval in Rules Shift 

22-Mar

Singapore Real Estate

              ·         Mortgage interest rates 'will rise, but slowly'

·         Lakeside to get boost from future amenities

·         Mapletree Ind to develop build-to-suit facility for HP

·         Blackstone may sell industrial building in Ubi: report

·         Do wider corridors make sense for private projects?

·         Oxley's London project a draw here

·         Hotel Royal to acquire Phuket's Burasari Resort

·         Construction companies prepared to deal with haze

 

Real Estate Companies' Brief

              ·         Suntec Real Estate Investment Trust

·         Ascott Reit buys Japan property for 6.3b yen

 

Views, Reviews & Forum

              ·         Old Katong lost in redevelopment

·         Comprehensive HDB town planning

Global Economy & Global Real Estate

·         S'pore investing in more property outside Asia

·         Weak French housing sector threatened with mortgage hike

·         BlackBerry Reaches Deal to Sell Most of Canadian Property

·         Lloyds Banker Sees Big Losses Ahead for London Luxury Homes

       ·         FCA’s Canary Wharf Building Said to Be Offered for $297 Million 

23-Mar

 Views, Reviews & Forum

              ·         Property tips for senior citizens

Global Economy & Global Real Estate

·         More interest in Japan property

·         Philippine developers woo S'pore investors

·         Dubai bounces back from crisis

24-Mar

Singapore Real Estate

              ·         A stroll through the shopping mall sector

·         Ah, to be a suburban mall owner

 

Global Economy & Global Real Estate

              ·         Malaysia reports February inflation of 3.5%

·         London luxury home market likely to fall

       ·         GLP banks on China partners 

25-Mar

Singapore Economy 

              ·         Feb inflation sinks to 4-year low, but expected to rise again

 

Singapore Real Estate

              ·         Q1 investment sales of property remain sluggish

·         Sub-800 sq ft units' share of new sales hits record

·         Firm puts 38 units at Draycott luxury condo up for sale

·         Coping with high industrial rents

·         Servcorp launches new serviced office at Metropolis Tower 2

 

Real Estate Companies' Brief

              ·         K-Green Trust seeks wider investment mandate

·         UIC's SingLand offer 'fair and reasonable'

·         Oxley puts 90m yuan into China venture

·         Utd Engineers in talks to sell UE E&C stake

·         Keppel prize sponsorship extended by $1.75m

·         Ascott Residence Trust

 

Global Economy & Global Real Estate

              ·         Singapore developers with China exposure on firm footing

·         S'pore banks stronger than HK's despite consumer debt surge

·         Household debt downside risk for bank ratings: Fitch

·         Brazil tackles housing gap head on

·         Escalator sounds death knell for small HK shops

·         China’s Urbanization Loses Momentum as Growth Slows 

·         Marriott Adds Luxury Nigeria Hotels Amid West Africa Travel Boom

·         Sekisui, Taisei Find Defects in Tokyo Apartment Complex

·         Billionaire Developer Lures Rich Chinese to Gated Polo Community

·         Lloyds Targets More Overseas Property Lending as Values Gain

       ·         Berggruen Earmarks $413 Million for Portugal’s Rundown Buildings 

26-Mar 

 Singapore Economy

              ·         MAS not likely to ease monetary policy, say economists

 

Singapore Real Estate

              ·         Retail rents still stagnating islandwide in Q1: DTZ

·         HDB to relocate 399 industrial units from Eunos

·         JTC opens 2 more industrial sites in Tuas South for bids

·         Rift widens in Gilstead Court sale committee

·         Crane topples in CBD site; no one injured

·         Paralysed worker sues employer and contractor

·         Tycoon's son sues over alleged unpaid rent

 

Real Estate Companies' Brief

              ·         CDL Hospitality Trusts

·         Mapletree Industrial Trust

 

Global Economy & Global Real Estate

           ·         Redwood Returns to Mortgage-Bond Market With $342 Million Deal

·         CommonWealth REIT Confirms Removal of Board of Trustees

·         Home Prices in 20 U.S. Cities Rose 13.2% in Year to January

·         Sales of New U.S. Homes Fell in February to Five-Month Low

·         Axa Sees ECB Stress Tests Producing Real Estate Investment Deals

·         Israel Housing Boom Threatened as Netanyahu Seeks Caps

·         Egypt Real Estate Shares Lead Index Surge to Highest in 5 Years

·         Berlin Airfield Is Battleground for Scarce Housing: Real Estate

·         Hidden Qatar Billionaire Al-Thani Seen With Hotel Empire

27-Mar 

Singapore Real Estate

              ·         Analysts still see healthy demand for new BTO flats

·         Kampong Glam shophouse block up for sale

·         Tampines condominium to launch on Saturday

·         Property buyers sued over 'lost opportunity' costs

·         Mandarin Oriental to expand Munich hotel

·         KSH-Lian Beng unit in Cambodia property deal

·         Fire breaks out at Little India DTL construction site

 

Real Estate Companies' Brief

              ·         Ascendas Hospitality Trust buys hotel in Osaka for 8.9b yen

·         OUE Commercial Reit

·         EPC projects in UK, Qatar challenging: Keppel CEO

 

Global Economy & Global Real Estate

              ·         NY offices deck up to lure creative clients

·         China expands property survey as oversupply concern grows

·         Marriott adds 3 and 5-star Nigeria hotels to its stable

·         Dubai developer Nakheel aims for 15% profit growth

·         In North Korea: Illegal property market sizzles

·         North Dakota Ranks as the Most Stable U.S. Housing Market

·         U.S. Single-Family Home Investors Form Trade Group

·         Lamda Development Raises Offer for Europe’s Largest Urban Plot

·         Billionaires Buying Islands Off Australia Find Perilous Paradise

·         RBS Said to Mull Sale of $550 Million Irish Hotel Assets

               ·         Hedge Funds Unlikely Saviors for New York-Area Homeowners 

28-Mar

Singapore Real Estate

              ·         Three 99-year sites up for tender in govt land sale

·         More properties up for auction but few sold

·         More home buyers opt for fixed-rate loans

·         Construction sector wants to attract more locals

·         Construction sector likely to ramp up productivity this year

 

Real Estate Companies' Brief

              ·         Heeton, Lian Beng, KSH in Cambodia land deal

·         CDL's CES no longer subject to buyout

·         Centurion Corporation

 

Views, Reviews & Forum

              ·         A tale of two cities

·         Benefits of taking prefab route

 

Global Economy & Global Real Estate

              ·         Q4 GDP growth faster than estimated

·         U.S. Mortgage Rates Rise With 30-Year at a Two-Month High

·         Americans want big homes with green features

·         Building sites in India idle ahead of national polls

·         Construction on hold as developers divert funds to Indian election campaigns

·         Chinese developers seek alternative financing as investors grow wary

·         Blackstone’s La Quinta to Raise Up to $781 Million in IPO

·         Pending Sales of Existing Homes in U.S. Decline for Eighth Month

       ·         BOE Pledges Vigilance on U.K. Housing as Momentum Increases 

29-Mar

Singapore Economy

              ·         S'pore not necessarily the 'costliest city'

 

Singapore Real Estate

              ·         Completed condo prices slip in February

·         Private home resale prices keep sliding

·         Mortgagee sale auctions in first quarter hit three-year high

·         CapitaLand secures 60% stake in Chengdu sites

·         Seletar Mall gets BCA Green Mark Gold Award

·         Strong interest in Jurong Gateway strata-titled project

 

Real Estate Companies' Brief

              ·         Ascendas Hospitality Trust

 

Global Economy & Global Real Estate

              ·         Moving towards a green global economy

·         Lifting of UK pension fund curbs seen boosting property market

·         U.S. Mortgage Rates Rise With 30-Year at a Two-Month High

·         Americans want big homes with green features

       ·         Building sites in India idle ahead of national polls 

30-Mar

Singapore Real Estate

               ·         Private property developers say sales slowing down

 

Real Estate Companies' Brief

               ·         Temasek opens London office

 

Views, Reviews & Forum

       ·         Fund for ideas to improve HDB living 

31-Mar

Singapore Real Estate

              ·         Property agents feeling the pinch as market cools

 

Views, Reviews & Forum

              ·         Building affordable homes for S'poreans

·         The rise of the public flat as an asset

·         Reits can help SMEs own part of property

·         Stop rent hikes from killing small firms

·         No room for negotiation

·         Agents 'giving up or branching out' as tough times bite

·         Love of property runs in his blood

 

Global Economy & Global Real Estate

              ·         Japan may see another property price boom

·         Cement Shen’ Detained Spurs Scavenging as China Developer Fails

       ·         U.K. Home Prices Extend Best Run Since 2007 as Increases Spread 

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