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PETALING JAYA: The recent successful bid by IOI Properties Group Bhd (IOI Properties) to acquire a 0.78 ha leasehold land in Singapore’s Marina View enclave for S$1.51bil (RM4.64bil) will allow the group to replenish its land bank in Singapore.
SYDNEY: Australia’s booming housing market is leading to a build up of consumer debt that could become a risk to financial stability, a top central banker cautioned yesterday, while also noting the strength was positive for the economy overall.
WELLINGTON: New Zealand’s central bank said it intends to further restrict access to mortgages as house prices continue to soar.
HONG KONG: Surging house prices across much of the globe are emerging as a key test for central banks’ ability to rein in their crisis support.
UK house prices fell for the first time in five months in June, an indication the property market may have lost momentum as a tax incentive was due to come to an end.
SINGAPORE: Singapore’s housing boom took a breather last quarter, after a return to lockdown conditions eased price growth.