The Business Times
Thursday, 31 July, 2014    LOGIN TO BTINVEST

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  • Beijing revives builder bonds as market cools

    [SHANGHAI] China's government is authorising developer debt sales for the first time in five years in a bid to avoid bankruptcies as the property market cools.

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  • RBA watches as home prices and mortgages go through the roof

    [SYDNEY] Central banks from Scandinavia to the UK to New Zealand are sounding the alarm about soaring mortgage debt and trying to curb risky lending. In Australia, where borrowing is surging...

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  • Seletar Mall more than 90% leased

    THE Seletar Mall, due to open in mid-November, has secured tenants for more than 90 per cent of its space, it was revealed at its topping out ceremony yesterday.

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  • Kheam Hock Gardens put up for en bloc sale

    [SINGAPORE] Private residential development Kheam Hock Gardens off Dunearn Road was launched for sale by tender yesterday.

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  • Reinventing the wheel

    LOH Lik Peng is talking about the problems he is facing with his latest project: the conversion of a former brewery and heritage building, just outside Sydney's central business district, into a...

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  • Verizon slims down, delighting developers

    [NEW YORK] In the merry-go-round of redevelopment projects in New York - where office buildings turn into apartment houses, and factories into offices, and so on - a utility company has become a...

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  • Russia turns Olympic site, Crimea into casino zones

    [MOSCOW] Russia has designated Sochi's Olympic site and the annexed Crimean peninsula as gambling areas yesterday, in a bid that casino revenues will boost their development.

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  • US home-rental industry is reshaping itself

    [NEW YORK] Alexander Philips joined the rush to buy foreclosed US homes four years ago, spending US$40 million on houses in California and Nevada to operate as rentals. Now his firm, Twinrock...

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  • Top-end HK properties not affected by cooling measures

    [HONG KONG] When the Opus project was unveiled in 2012, its developer boasted that the apartments there, designed by star architect Frank Gehry, would be the most expensive in Hong Kong - and, by...

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  • New acquisitions, better rentals boost A-Reit Q1 results

    ASCENDAS Reit (A-Reit) yesterday posted a 2.5 per cent increase in distribution per unit (DPU) to 3.64 Singapore cents for its first quarter ended June 30.

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  • Sharp rise in private home purchases in Q2

    [SINGAPORE] Here's a possible reason why the authorities are not inclined to remove any property cooling measures just yet: There was an across-the-board increase in caveats lodged for private home...

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  • HDB to allow flat sellers to extend stay

    FLAT sellers will, with immediate effect, be able to negotiate with buyers for a temporary extension of stay in their flats by up to three months.

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  • Focus on high-rise in Australia's housing boom

    [SYDNEY] Australia is enjoying a long-desired housing renaissance as a record amount of new building gets under way, and a shift in fashion toward high-rise living should lengthen its life span even...

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  • K-Reit sees upside in office rents

    KEPPEL Reit (K-Reit) is expecting strong upside in office rents as leasing activities, especially in Singapore's CBD, remain buoyed by the tight office supply situation.

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  • London home prices fall in July for 2nd month

    [LONDON] Asking prices for London property fell for a second month in July as an increase in the number of homes for sale softened the market for sellers, Rightmove plc said.

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  • World's 'largest indoor arena' opens in Manila

    [MANILA] Philippine President Benigno Aquino yesterday presided over the opening of what is billed as the world's largest indoor stadium, erected by a politically-influential religious sect.

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  • Shophouse in Telok Ayer put up for sale

    EURO Group, which is involved in a range of businesses including real estate, has appointed Cushman & Wakefield to find a buyer for a three-storey shophouse located a stone's throw from Telok Ayer...

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  • China home prices dip in June

    Beijing

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  • Delisting not on the cards for Wing Tai

    WING Tai Holdings will not be doing an SC Global. It won't take the delisting route, declares chairman Cheng Wai Keung, as a way out from rules requiring the company to dispose of all units in its...

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  • Ease ABSD for Singaporeans, urges Wing Tai boss

    [SINGAPORE] Wing Tai chairman Cheng Wai Keung has a solution for the property sector's angst over the ABSD (additional buyer's stamp duty): "Keep ABSD for foreign buyers but fine-tune it for...

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