The Business Times
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  • Sharp fall in industrial land bids at 2 state tenders

    STATE tender closings on Tuesday for two 30-year leasehold industrial sites in Gambas Crescent and Tuas South reflect sharp drops in industrial land prices as developers factored in an impending...

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  • Riskier London offices fetch higher prices

    London

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  • GCB market stirring from slumber

    AFTER a quiet second quarter, the Good Class Bungalow (GCB) market has been stirring this quarter, with at least five transactions so far.

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  • Case of shrinking US mansion roils brokers

    [LOS ANGELES] Millionaire Hiroshi Horiike has spent two years searching California for a dream home, one grander than any he could find in his native China.

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  • GIC launches retail mall in Melbourne CBD

    THE retail mall in Melbourne's central business district (CBD) that GIC Real Estate co-invested with Colonial First State Retail Property Trust Group (CFX), was launched yesterday.

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  • Midtown Manhattan losing rental shine

    [NEW YORK] The lustre is fading on some of midtown Manhattan's shiniest skyscrapers.

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  • Asia-Pac hotel investment hits 5-year high in 2013

    [SINGAPORE] Investing in Asia-Pacific hotels seemed the thing to do last year, with the hospitality investment market in the region hitting a five-year high on a transaction volume of US$12.83...

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  • Iloilo beckons - and the migrants flock back

    [MANILA] Jennifer Ann Palmares-Fong has come home. Fifteen years after leaving Iloilo in the Philippines for the bright lights of Manila, she and her friends have been lured back as her once-quiet...

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  • Buyers abandon homes in China city as prices fall

    [SHANGHAI] Falling property prices in China's eastern city of Wenzhou has triggered 6.4 billion yuan (S$1.3 billion) of bad loans as buyers abandoned homes and stopped making mortgage payments, the...

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  • Home prices in July fall in majority of Chinese cities

    [SHANGHAI] China's new-home prices fell in July in almost all cities that the government tracks as tight mortgage lending deterred buyers even as local governments eased property curbs.

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  • Muted bidding expected for Bishan, Sembawang sites

    THE government yesterday released for sale two residential sites - one at Lorong Puntong off Sin Ming Avenue and another executive condo (EC) site at Sembawang Road-Canberra Link.

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  • Brunei Sultan bids for jailed tycoon's NY, London hotels: WSJ

    [NEW YORK] The Sultan of Brunei has made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House hotel, the Wall Street Journal's website edition reported on Saturday, citing...

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  • Data shows slowing M'sia property market

    [KUALA LUMPUR] The National Property Information Centre (Napic), in its first-quarter numbers for this year, has confirmed reports that the market is consolidating with transactions slowing down...

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  • China's Wanda to launch foray into Australia

    [CANBERRA] The company of China's real estate tycoon, Wang Jianlin, will launch into Australia's property development market, creating a billion-dollar local arm to invest in new projects, including...

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  • Overhaul ahead for Zell's Equity Commonwealth

    [CHICAGO] Since taking over Equity Commonwealth in an investor-led revolt almost three months ago, Sam Zell and his team have found buyers for more than US$200 million of properties, sold shares in...

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  • Dubai hotels sink to 18-year low - more than half empty

    [DUBAI] Dubai's hotels had the lowest occupancy in at least 18 years in July, standing more than half empty, as more rooms were created and demand declined, according to research firm STR Global...

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  • Some China developers likely to default

    [SHANGHAI] China's slumping property market is fuelling speculation the industry is set for a shakeout as small developers face difficulty raising funds to pay off debt.

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  • Rise in London home prices seen slowing to 3%

    [LONDON] London house-price growth will slow to about 3 per cent next year as the prospect of higher borrowing costs forces sellers to lower their expectations, Hamptons International said in a...

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  • Ukraine war takes heavy toll on its businesses

    Kiev

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  • Sunset Boulevard getting 21st century makeover

    [LOS ANGELES] It was rocked by the Doors in the 1960s, Van Halen in the '70s and Guns N' Roses in the '80s. Now California's Sunset Strip is getting a new sound: the booms of buildings being...

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