Real News‎ > ‎2014‎ > ‎

May 2014












































Singapore Economy

              ·         Economy maturing, so growth slower: PM

·         Improving global economy boosts sentiment


Singapore Real Estate

           ·         First-quarter retail rents for prime spots edge up 0.8%

·         Sharp drop in new home loan applications

·         Top bid for Potong Pasir plot seen at $650-900 psf ppr

·         Preview for Sungei Ulu Pandan project today

·         Mapletree in serviced apartment venture


Real Estate Companies' Brief

              ·         Soilbuild's Q1 net climbs 4% to $3.9m

·         Fragrance Q1 net jumps 38% to $24.3 million

·         Resignations hit Keppel T&T ahead of Reit listing


Global Economy & Global Real Estate

              ·         Growth frozen as Q1 GDP grows just 0.1%

·         Elderly suffering in NYC housing crisis

·         Lend Lease gets 2 more tenants for A$6b devt

·         Cunliffe Says Dangerous for BOE to Ignore House Price Momentum

·         Neuberger Berman to Move Headquarters to Vornado Tower

·         U.S. Mortgage Rates Fall With 30-Year Loan at 4.29%

       ·         London Broker Savills to Buy Studley for U.S. Expansion 


Singapore Economy

              ·         Tight labour market keeps wage costs up


Singapore Real Estate

              ·         Fewer new resale flats put up for sale

·         Some demand for new private homes

·         Rents in affluent areas suffer from outward migration

·         Brisk sales at Commonwealth Towers on Day 1

·         Surbana looks to splash $120m on acquisitions

·         Pearl Bank still special after all these years


Global Economy & Global Real Estate

            ·         'Hotel with a view' coming up at 19th-century NY skyscraper

              ·         Credit Suisse Completes Rare Home-Loan Bond Deal, DBRS Says 


Singapore Real Estate

              ·         TDSR pushes some to offshore loans

·         Medical hubs sprouting up in suburbs

·         Sleepy waterfront estate set to transform

·         Self-storage players see survival of the strongest in industry

·         Wanted: Ultra-rich property buyers

·         210 units sold at Commonwealth Towers

·         HDB extends grace period for business space tenants

·         Long-time HDB shop tenants get breather

·         Retelling the story of Hotel New World tragedy


Real Estate Companies' Brief

              ·         Korea's Lotte defers S'pore Reit IPO

·         Parkway Life distributable income up 6.9% in Q1

·         Roxy-Pacific Q1 profit up 29% at $15.1m

·         Millennium & Copthorne suffers 46.7% slide in profit

·         Starhill Global Reit


Views, Reviews & Forum

              ·         Rent too high? Move to Singapore


Global Economy & Global Real Estate

              ·         Record $296m for London penthouse

·         Turkey Drops Probe Into Alleged Real Estate Corruption

       ·         Hyde Park penthouse may have changed hands at record price 


Singapore Real Estate

            ·         Planned AMK pte housing estate "could be a hit" with property buyers


Global Economy & Global Real Estate

          ·         Lippo to focus on infrastructure as Indonesia urbanises

       ·         Who wants to buy land in US oil boom town? 


Singapore Economy

              ·         S'pore closer to infrastructure hub goal


Singapore Real Estate

              ·         Barclays 'given up Marina office space'

·         Geylang Serai market to be linked to MRT station


Real Estate Companies' Brief

               ·         Straits Trading buys Suntec Reit units


Views, Reviews & Forum

             ·         Buying studio unit one of several ways for seniors to monetise flats


Global Economy & Global Real Estate

              ·         US construction jobs making a comeback

·         Globalisation still favours richest countries

·         Myanmar lights up UPP prospects

·         Most Asian companies eye Myanmar opportunities: UOB

       ·         BOE seen reining in house prices soon 


Singapore Real Estate

         ·         Seeking talent, social media firms take up prime locations in CBD

·         Parkway Centre office units up for sale

·         Lack of an urban planner a blessing for Ayala Land

·         Filipino developer launching sale of Manila condo here

·         Local firms eye foreign commercial property


Real Estate Companies' Brief

               ·         Productivity council gets 12 new faces

·         OKP Q1 profit tumbles 55% on high costs

·         Oxley to launch project in Phnom Penh

·         OUE Hospitality Trust DPU beats forecast


Views, Reviews & Forum

         ·         HDB should explain restrictive rules for studio apartments

·         A home is not a 'hotel'


Global Economy & Global Real Estate

           ·         UAE asset bubble unlikely as credit growth is modest: IIF

·         Emaar unit looking to raise 1b riyals for Saudi project

·         De Blasio Unveils $41 Billion Plan for Affordable Housing

·         E-House Falls as Property Concern Mounts: China Overnight

·         DoubleLine’s Gundlach Recommends Betting Against Housing

       ·         Realogy Falls Most on Record as U.S. Home Sales Decline 


Singapore Real Estate

              ·         Wheelock to cut prices for The Panorama

·         Sembcorp's return to property a good diversification move


Real Estate Companies' Brief

              ·         Perennial China Q1 DPU unchanged at 0.95¢

·         BBR Q1 net profit more than doubles

·         OUE Hospitality Trust


Views, Reviews & Forum

               ·         Why condo units are shrinking


Global Economy & Global Real Estate

              ·         China’s property bubble has burst: Economists

·         Home Sales Topping $100 Million Smash U.S. Price Records

·         Redefining infrastructure to boost growth

·         China Property Slump Adds Danger to Local Finances

·         Billionaire Lowy Offers A$300 Million Westfield Split Sweetener

       ·         Rents soar at London skyscrapers 




Singapore Real Estate

              ·         HDB resale flat prices dip 0.2% in April

·         Serangoon North HUDC goes private

·         Bus firm well-geared for move to property

·         CDL expects strong take-up for Coco Palms

·         String of new malls to fire up shopping scene


Real Estate Companies' Brief

              ·         Higher rents lift Fortune Reit DPU up 15.3% in Q1

·         Chip Eng Seng Q1 profit soars on property project

·         Parkson's Q3 earnings fall 22.6% to $7.56m

·         Design Studio's Q1 earnings make a near triple jump to $2.1m

·         Sin Heng Heavy Machinery


Views, Reviews & Forum

          ·         Continue letting HDB flat owners buy private property


Global Economy & Global Real Estate

              ·         Developer in cash crunch denies it's at the brink

·         Sun Hung Kai's Kwok brothers on bribery trial

·         Li Ka-shing group offers US$1.8b for Aussie gas firm

·         BNY Mellon Said to Zero In on Two Sites in Planned Move

·         Osborne Urged to Say What FPC Should Do on U.K. Housing Boom

·         Key Democrats Join to Say No to Housing Finance Overhaul

·         U.S. 30-Year Mortgage Rate Declines to a Six-Month Low

·         Luxury SLS Hotel in Beverly Hills on the Market

·         All Cash U.S. Home Purchases Surge With Rising Rates: Mortgages

·         Toronto Bets C$2 Billion on Crack Haven Housing Makeover

·         L.A. Mixes Grit With Glitz in Downtown Revamp: Cities

       ·         Carney Keeps Rates on Hold as BOE Seeks House-Price Tools 


Singapore Economy

            ·         Small countries must strive to remain competitive: Tony Tan

·         S'pore banks have much to offer Myanmar: PM Lee

·         Tourism falters in Q4 last year

·         Key areas to tackle in protecting workers' rights


Singapore Real Estate

              ·         Lower prices at Panorama relaunch tomorrow

·         New condo could set Faber Hills abuzz

·         SMU signs lease for former MPH Building

·         ERA to focus on selling new property launches

·         1 in 3 home buyers still not familiar with TDSR: UOB survey

·         Industrial properties getting fancier

Real Estate Companies' Brief

              ·         Reits display holding power with strong results

·         Terms for CMA delisting offer 'fair'

·         Centurion gears up for expansion after strong Q1

·         Sun Hung Kai sells $320m in 7-year fixed rate bonds

·         Koh Brothers Group Q1 profit climbs 45%

·         One-off item drags down Frasers Centrepoint's profit

·         Hotel disposal adds almost $1b to OUE gain

·         Wheelock Q1 profit dives in absence of disposal gain

·         Ezion Holdings


Views, Reviews & Forum

              ·         Reining in the runaway housing market


Global Economy & Global Real Estate

               ·         China property slump seen hitting growth this year

               ·         NorthStar, Chatham to Buy 47 Hotels in $959 Million Deal

               ·         D.R. Horton Acquires Atlanta Homebuilder for $210 Million 


Singapore Real Estate

                  ·         Applications surge after housing grant is extended


Views, Reviews & Forum

                     ·         What to buy as interest rates are set to rise

      ·         Integrated home for autistic adults needed


Global Economy & Global Real Estate

             ·         Buy a mountain for $3.7m? 


 Singapore Real Estate

              ·         Falls in landed home prices 'may ease'

·         31 projects win awards for their user-friendly designs

·         Ads must not refer to HDB flat's valuation, agents reminded


Views, Reviews & Forum

           ·         Some practices deter condo owners from participating in estate management


Global Economy & Global Real Estate

              ·         US housing data may hold sway

·         US economy growth still in doubt: Fed exec

·         GST in Malaysia a learning experience for firms, authorities: KPMG

·         Taiwan moves to cool housing market


Singapore Economy

             ·         Singapore to release detailed Q1 GDP data on May 20

·         Singapore banks keen to expand into Myanmar


Singapore Real Estate

              ·         KOP Ltd to focus on mixed-use devts in key China cities

·         Private non-landed prices at 16-month low

·         Private home market likely to stay muted, say analysts

·         Orchardgateway gears up for GSS

·         Frasers Centrepoint buys Sydney hotel for $242m


Real Estate Companies' Brief

              ·         FCL unveils details of new trust

·         Hiap Hoe's Q1 earnings surge to $354.2m


Views, Reviews & Forum

·         Ensure economic growth is in tandem with availability of labour

·         Developers, designers need to be proactive on workplace safety


Global Economy & Global Real Estate

            ·         Latest China property step seen as a way to fight graft

·         Jumbo loans thrive in US mortgage market

·         US developers take lead on school construction

       ·         China e-commerce needs to upgrade warehousing 


Views, Reviews & Forum

              ·         Conserve only the buildings worth conserving

·         Another way to monetise flats


Global Economy & Global Real Estate

          ·         Not much hope in Albedo's Iskandar deal going through

·         China Central Bank Calls for Faster Home Lending in Slump

·         American Homes Beats Blackstone With Low Rental-Bond Yields

·         RBNZ Says Lending Limits Curbed Home Sales More Than Expected

·         Fortress Said to Be Preparing Bid to Buy Stuyvesant Town

       ·         Taylor Wimpey Climbs as House Prices Widen Margins: London Mover 


Singapore Real Estate

              ·         Over 80% of Kallang Wave's space taken

·         DHL breaks ground for $160m warehouse facility

·         Factories in S'pore-run industrial parks in Vietnam hit by riots


Real Estate Companies' Brief

              ·         Offer price for HPL raised to $4 a share

·         Haw Par reports 59% jump in Q1 earnings

·         Sim Lian, Lee Kim Tah report lower profits

·         CDL net profit down 13.1%

·         Banyan Tree Q1 profit down 72% on lower other income

·         Yanlord, Ying Li Q1 profits surge

·         Singapore Hospitality


Views, Reviews & Forum

             ·         'Get more S-E Asian investors looking beyond real estate'

·         Implications of letting HDB flat owners buy private homes

·         Apprenticeship programmes develop skilled workforce in built environment sector


Global Economy & Global Real Estate

           ·         Eurozone industrial output unexpectedly falls in March

·         Student loans keeping grads from buying homes

·         Judge blocks NY's inquiry into Airbnb

·         China's property market finally seems to be stalling

·         Toronto condo market healthy: builders

·         Brazil's shopping centre glut sparks concerns in bond market

·         InterContinental plans to return to Rio in time for Olympics

·         Grosvenor to spend 50b yen to buy, refurbish Tokyo apartments

·         Canary Wharf leads sharp rise in London home prices

·         Khazanah, TPG buy into Manila developer

·         Bond Yields Nip on Heels of Dividends to Pressure Rally in REITs

       ·         Fortress Said to Be Preparing Bid to Buy Stuyvesant Town 


Singapore Economy

              ·         Economy, cost of living are key issues, say MPs

·         Uncertainty about S'pore's economy rises


Singapore Real Estate

            ·         Price cuts revive April private home sales; further discounts expected

·         District 9 frozen due to cooling measures

·         UOL bulk leases: a good or bad strategy?


Real Estate Companies' Brief

             ·         Keppel Reit sells 92.8% stake in Prudential Tower for $512m

·         Croesus Retail Trust's Q3 DPU beats own forecast

·         Ascendas Hospitality Trust DPU for Q4 dips to 1.21¢

·         Keppel Infrastructure Fund Management gets new CEO

·         Oxley earnings dive with higher interest charges


Views, Reviews & Forum

               ·         China's ultra-rich continue to set sights on S'pore


Global Economy & Global Real Estate

              ·         China firms endure longer wait for payments

·         Chinese Developer Sunac in Talks to Buy Up to 30% of Greentown

·         Blackstone to Buy Cosmopolitan Resort for $1.73 Billion

·         Mortgage Rates Dropping With Bond Yields at 7-Month Low

·         Land Securities Profit Climbs as Rental Income Increases

·         U.K. Housing Minister Says Property Market Still Has Room to Run

·         China’s Richest City Set to Pass Hong Kong GDP: Chart of the Day

·         Senior Housing Surplus Seen as Boomers Spur Building Boom

·         Canada Home Sales Rise Most Since August

·         Confidence Among U.S. Homebuilders Falls to Lowest in a Year

       ·         Dubai Slays Home Price Gain of 35% With Loan Restrictions 


 Singapore Real Estate 

              ·         Mapletree starts work on new biz park tower

·         Hip Tiong Bahru awaits new condo


Real Estate Companies' Brief

              ·         CapitaLand sweetens delisting offer for CMA with higher price of $2.35 per share

·         Mapletree Investments FY14 earnings down 7.8%

·         Croesus trust eyeing two more malls

Global Economy & Global Real Estate

·         US developers go big on elderly housing

·         Labour's rent control may put off investors

·         Apartment Projects Fuel 13% Jump in U.S. Housing Starts

·         Home Starts Jump as U.S. Builders Freed From Winter Slowdown

·         Miller Wagers Gundlach’s Bearish Housing Position Loses

·         Carney’s Hottest Topic Sets BOE Thinking on Housing Curbs




Singapore Real Estate 

              ·         Robust sales at two condo launches at the weekend

·         CDL cuts prices for Coco Palms launch


Views, Reviews & Forum

              ·         Challenges facing Singapore's economy

·         Economic restructuring for growth

·         Transport lessons from Govt's housing policies

·         Home prices unlikely to fall, due to high demand


Global Economy & Global Real Estate

           ·         Growth in China’s home prices slows, prompting easing

·         Dismal data in China raises likelihood of more stimulus

·         N. Korea offers rare apology for building collapse

·         Signs show London residential property market has peaked

·         Surging home prices biggest threat to UK economy, says BOE governor

·         Blackstone Said to Sell Boston Buildings for $2.1 Billion

·         London House Prices Surge to Record High

       ·         China Home-Price Growth Slowdown Spreads as Developers Discount 


Singapore Economy

               ·         Singapore economy grew 4.9% on-year in Q1: MTI


Singapore Real Estate

            ·         Knight Frank sees sustained demand for dual-key homes

·         Some housing projects seeing little to no demand

·         Irving Industrial Building put up for collective sale

·         Four areas with potential to attract property buyers


Real Estate Companies' Brief

              ·         Study finds Reit-property return correlation


Views, Reviews & Forum

              ·         Open up new sectors for sustained growth

·         Let BCA maintain active oversight of management corporations


Global Economy & Global Real Estate

            ·         UGL may shelve A$1.2b sale of property services arm

·         Surging home prices biggest threat to UK economy, says BOE governor

·         Governor plans to make Tokyo 'first city in the world'

·         Tax code driving Swedish runaway housing prices

·         Mexico's Ara suspends malls' collective sale

·         Zoopla to reveal listing plans this week

·         Klepierre plans to buy out mall partners in expansion drive

·         Irvine Co. Agrees to Buy Chicago Tower for $850 Million

·         Irish Jump Into Real Estate Game as Bubble Echoes Grow

       ·         Deutsche Annington Investors Selling $880 Million Stake 




Singapore Real Estate

              ·         MAS cautions on foreign property investment

·         HDB to receive 37 BCA awards

·         Developing Singapore's cultural infrastructure

·         Singapore to tap new technologies for 'smart' living

·         Demand for environment impact studies grows

·         Oxley appoints Accor to run two new hotels

·         JTC launches 'future-ready' industrial facility

·         Portfolio of family-owned Balestier properties up for sale

·         Unlicensed estate agent charged by CEA


Real Estate Companies' Brief

              ·         CapitaLand stake in CMA crosses 80% mark


Views, Reviews & Forum

              ·         Before taking plunge into UK property market...


Global Economy & Global Real Estate

              ·         Moody's cuts China property outlook

·         Talk of the town - London's housing boom

·         German retail acquisitions soar

·         Lloyds limits mortgage lending to cool London housing prices

·         Another sukuk issue by Saudi firm draws investors

·         Thai developer warns of daunted investors

·         BNY Mellon Reaches Deal for $585 Million Office Sale\

·         Lowe’s Profit Tops Estimates as Chain Endures Winter

·         American Realty to Sell Shopping Centers to Blackstone

       ·         BNY Mellon Said Reach Deal for $585 Million Office Sale 


 Singapore Real Estate

             ·         Rule changes, new system 'moderating bidding for EC sites'

·         HDB selling 6,454 BTO and SBF flats

·         HUDC estate in Hougang privatised

·         Marina Bay Financial Centre developers eye expansion in area

·         Global banks shrink S’pore office space

·         BCA plans makeover for building industry

·         Construction of Stamford Diversion Canal to start in Q3


Real Estate Companies' Brief

               ·         S'pore-listed Reits on a winning streak


Global Economy & Global Real Estate

              ·         Malaysia most popular place for property buys

·         China's property market is in serious trouble

·         Fed officials see risk from slowdown in US housing

·         Existing-home sales rise in April

·         Gain in Existing U.S. Home Sales Lifts Spring Prospects:

·         Firm sues Johor govt, Petronas over land acquisition

·         Cheung Kong Offers Discount on Hong Kong Project as Supply Rises

·         Airbnb to give New York host information

·         Time Inc. to Move to Lower Manhattan’s Brookfield Place

·         Kylli Buys San Francisco Tower Stake in $350 Million Deal

·         Blackstone Pays Up to Sell Almost $1 Billion of Rental Bonds

·         Mortgage Rates for U.S. Loans Fall as 30-Year at 4.14%

·         PBOC’s Zhou Says China May Have Housing Bubble in ‘Some Cities’

·         Real Estate Draws In $120 Billion ATP Fund Reviewing Price Hedge

·         Blackstone Hunts for Apartments in Latest Rental Foray

·         Putin’s Singapore Dream Costs Crimea Banks and Burgers

·         Sterling Adds Property Holdings Amid Fight Over Clippers


Singapore Economy 

              ·         S'pore inflation rises to 2.5%


Singapore Real Estate

              ·         Property developers missing in action

·         Skywoods condo in Dairy Farm sees slow sales

·         Sentosa Cove villas relaunched at a discount


Real Estate Companies' Brief

              ·         Fall in JV contributions drags GLP's Q4 net

·         Hong Leong-linked First Sponsor eyes S'pore listing

·         Buyers snap up Panorama condo units


Views, Reviews & Forum

              ·         Medical tourists flouting short-term rental rule


Global Economy & Global Real Estate

              ·         Property glut? Yes Property crash? No

·         China’s Stocks Advance as Property Measure Jumps Most in

·         Zell Named Chairman of CommonWealth REIT’s New Board

·         U.S. Home Sales Come Out of Deep Freeze

·         Boris’s London Housing Push Falling Short, Developers Say

·         Sunac to Purchase 24% Stake in Greentown for $812 Million

·         What China Property Crash? Economists See Growth Bump

·         Cheung Kong Lures H.K. Buyers With Discount as Supply Rises

·         Tiger Woods Course Design Debut Drives Mexico Home Prices

       ·         Berkeley Seeks Johnson’s Help to Build 2,000 Extra London Homes 


Singapore Real Estate

              ·         Reviving kampung spirit in HDB flats

·         Home buyers, clueless about TDSR? Read on


Views, Reviews & Forum 

              ·         Any fire code for playgrounds in buildings?


Global Economy & Global Real Estate

           ·         Spain Sees Embers Glow in Wreckage of Property Crash

·         Berlin Voters Reject Plan to Build Homes on Cold War Airfield

      ·         E-House Leads Gain on China Home-Buying Policy Easing Bet 


 Singapore Economy

             ·         Labour crunch starting to hurt S'pore economy


Singapore Real Estate

              ·         Why property cooling measures were needed

·         An eye on growing its landbank

·         MND starting new series of housing conversations

·         Office rents here 'may rise fastest in the world this year'


Global Economy & Global Real Estate

              ·         Penang, S'pore sign MOU for two projects

·         Prawns replace abalone as China property developers go down-market


Top Story

              ·         Review property cooling measures: Foo Mee Har


Singapore Economy

          ·         S'pore 'world's No. 3 city' by economic, social performance


Singapore Real Estate

              ·         70-80% of Trilive to be dual-key units

·         Demand up for private rental homes

·         MapletreeLog acquiring logistics centre in Korea for 25.5b won

·         ONE° 15 inks deal to build Vietnam marina resort

·         S'pore faces imminent hotel room shortage

·         HDB starts work on 40,000 new homes

·         'Strong support' for Bidadari, Tampines North, Punggol Matilda developments: HDB


Real Estate Companies' Brief

               ·         Global Logistic Properties


Global Economy & Global Real Estate

              ·         China property developers go down-market

·         Spanish property market shows signs of recovery

·         Emaar Properties to list malls unit on bigger bourse

·         China State Construction Plans $4.8 Billion Preferred Stock Sale

·         Risky Australian Lending Targeted as RBA Spurs Housing: Economy

·         Berlin Voters Reject Plan to Build Homes on Cold War Airfield

·         U.S. Home Sales Come Out of Deep Freeze

       ·         Spain Sees Embers Glow in Wreckage of Property Crash 


 Singapore Real Estate

              ·         Household wealth takes knock as HDB values fall

·         $94m worth of property taxes exempted by Govt

·         Developer Crown says Australia still attractive despite rising home prices

·         Revamp for surveyors and valuers' institute

·         Court rejects couple's bid to buy house

·         Contractor to be prosecuted for mosquito breeding at Leedon Heights


Real Estate Companies' Brief

              ·         Reits may play 'major role in shop rent hikes'

·         Buyout offer for HPL raised again - to $4.05 a share

·         Privatised CMA may mean more nimble CapitaLand

·         Cooling measures hit Bukit Sembawang's Q4 earnings


Global Economy & Global Real Estate

             ·         UK, Germany top foreign investment ranking: study

·         Stockland Raises Australand Bid, Values REIT at $2.3 Billion

·         Strategic Buys Rest of Hotel del Coronado From Blackstone

·         China’s ‘Golden Era’ for Property Over, Vanke President Says

·         InterContinental Jumps After Report Company Rejected Offer

·         Accor Agrees to Acquire $1.23 Billion of European Hotels

·         Mitsui Fudosan Shares Decline on Share Sale Plan

·         Home Prices in 20 U.S. Cities Rise at Slower Pace in March

·         Dubai’s Union Properties Plans Cheaper Hotels Amid Luxury Glut

·         Hong Kong Curbs on Visitors May Weigh on Mall-Owners’ Earnings

·         Manhattan’s Billionaire Row of Condo Towers Spreads South


 Top Stories

              ·         Pledge to keep flats affordable for all

·         Use HDB flats model for healthcare facility: Fatimah Lateef

·         Mixed reactions to helping families live close together


Singapore Economy

              ·         Over $2b projects shelved to ease labour shortage


Singapore Real Estate

            ·         Consultants expect further paring of confirmed list supply

·         Aon nears 70,000 sq ft lease at SGX Centre

·         One Raffles Place reopens today after major makeover

·         BTO exercise: Fewer first-time applicants than flats offered

·         High rents in hot spots due to competition

·         Ground-breaking for new State Courts complex

·         Japanese giant buys a slice of OrangeTee

·         Home resale prices continue slide

·         Property: CEO Conversations


Real Estate Companies' Brief

              ·         CCM Group revises rights issue terms

·         A-Reit to be part of STI stocks from June 4

·         Enviro-Hub, Soilbuild in construction JV


Views, Reviews & Forum

              ·         Sharing solutions city-to-city

·         Offer for CMA is still undervalued


Global Economy & Global Real Estate 

           ·         Wheelock Beats Cheung Kong, China Overseas to Win Kai Tak Site

·         Signs of London market cooling: Nationwide

·         Port Authority Seeks Private Money for Trade Center Tower

·         Pimco Says U.K. Housing Market Doesn’t Present a ‘Major Problem’

·         Silicon Valley Waiters to Teachers Left Behind in Housing

·         N.Z. Home-Sales Plunge May Cap RBNZ Rate Moves: Chart of the Day

·         Repeal of Australia mining, carbon taxes likely: Labor

·         Spanish property stabilises, mortgage approvals rise

·         Mitsui Fudosan share issue to raise 324b yen

·         Union Properties plans to build cheaper hotels

·         Urban drive offers hope for China property


 Top Stories

        ·         Are tightening foreign worker quotas causing construction delays?: MPs

·         Housing an important part of CPF system: Chuan-Jin


Singapore Real Estate

             ·         Singapore Home Prices May Drop Further, Standard Chartered Says

·         Construction crunch taking toll on housing developments

·         Another EC site put up for tender

·         Automobile association pays $43m for East Coast building

·         Collective sale meeting: No-show by HPL's firms

·         JTC Food Hub to feature shared cold room facilities

·         GIC's planned Florida golf property sale may bag $250m

·         How much you ‘save’ on property along the North-South MRT line


Views, Reviews & Forum

              ·         Building liveable cities is a serious business

·         Guidelines for agents marketing foreign properties


Global Economy & Global Real Estate

              ·         Iskandar reaching critical mass as investments rise

·         U.K. House Prices Rise as Consumer Optimism Improves

·         Billionaire Lowy Vows Westfield Split as Trust Postpones Vote

·         Pending Sales of U.S. Existing Homes Increased 0.4% in April

·         Deutsche Bank Said to Buy 680 Irish Homes From Danske

·         Mortgage-Bond Revival Cut Short as Wall Street Sidelined

·         U.S. Mortgage Rates Decline for a Fifth Week

·         AIG Sees Labor-Cost Arbitrage as Jobs Move to Philippines


Top Stories

             ·         Educating public, planning infrastructure to sustain S'pore environment


Singapore Real Estate

              ·         StanChart sees further S'pore home price drop

·         Bank lending stays flat in April

·         Luxury homes left empty in quiet market

·         Kovan draws interest from upgraders in nearby area

·         Condo owners' group loses appeal on costs


Real Estate Companies' Brief

              ·         GuocoLeisure shares up on more delisting talk

·         FCT completes private placement of units

·         SingHaiyi FY14 net soars to $23.15m


Views, Reviews & Forum

               ·         Challenges of the global city


Global Economy & Global Real Estate

           ·         World's costliest market for hotel rooms found in Geneva

·         SL Green Grand Central Tower to Advance After Zoning Plan

·         Manhattan Condo Prices Fall as Buyers Push Back

·         Australand Rises as It Agrees to Open Books to Stockland

·         Westfield Retail Drops Most in a Month After Holding Split Vote

·         Homebuyers With Another Shot at Low Rates Still Don’t Buy

       ·         Deutsche Bank Said to Buy 680 Irish Homes From Danske 

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