The lack of bids for the Upper Thomson Road site a setback for efforts tackling high residential rents in the city state.

Ziroom, one of the largest home rental platforms in China, is looking to tap overseas markets by providing student accommodation for the growing number of young Chinese opting to study abroad.

Canberra’s withdrawal of a golden visa scheme and its decision to cap its migrant intake could hurt high-end home sales as Asian buying could shrink.

Middle-class Chinese with the means to move abroad see a rapidly closing window of opportunity as developed countries tighten immigration policies, and the race is on as applicant interest surges.

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Vacancy rate at Changi Business Park, once home to global firms, has climbed to 40 per cent due to lay-offs and hybrid working model.

Employees of the video gaming and social media conglomerate have moved into CapitaSky, a 29-story office tower in Singapore’s central business district.

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With 132 transactions in the year to March, Hong Kong beat its main rival, Singapore, which recorded 88 deals in what the property consultancy referred to as the super-prime residential market.

Tyni’s cabins are classified as ‘vehicles’, meaning they can be placed in conventionally inaccessible or protected natural locations without the need for lengthy building permits and development approvals, according to CEO Mori Nishimura.

Growth in rentals on luxury residential properties cooled last quarter, as policymakers took steps to rein in inflation. Sustained demand, however, will keep the market bullish this year, Knight Frank says.

Distressed properties in Europe are presenting opportunistic gains for global investors because of supply and demand imbalances and pressure from high borrowing costs, UK-based Patron Capital Partners says.

Dubai is shaping up to be a new favourite for buyers, thanks to a booming real estate market and fast-track residency scheme, agents say. It handed out 158,000 ‘golden visas’, dwarfing the 13,000 that Portugal has issued since 2012.

Hong Kong residents fill their shopping trolleys and tummies in Shenzhen while Singaporeans hop across to Johor Bahru as they make the most of cheaper prices, denting the stability of their retail sectors.

Hong Kong is missing out on an office investment boom in the Asia-Pacific region this year as a supply glut and high vacancy rates put investors off the segment, according to analysts.

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New Zealand High Court held Yan bankrupt in connection with more than NZ$60.9 million (US$36.6 million) he owes construction company Mainzeal’s creditors.

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The appetite for commercial property in Asia-Pacific is likely to remain subdued until interest-rate cuts arrive later this year or early next year, according to a CBRE survey. Investors in Hong Kong were notable net sellers last quarter.

Rising demand for data centres is unlikely to provide relief for Hong Kong landlords and asset owners looking to convert their empty office spaces into industrial property, US asset manager PGIM Real Estate says.

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Chen Hongtian, who had snapped up mansions and offices in Hong Kong and London, faces demands from banks to repay more than US$200 million of overdue loans following the market slump.

Philippine chain Hotel101 Global targets 1 million rooms and a presence in more than 100 countries after signing an agreement to merge with a Hong Kong company, which aims to list on Nasdaq in New York.

The proposal to buy Far East Shopping Centre fell through after a firm linked to Du failed to get approval from the Urban Redevelopment Authority.

Rents in Singapore’s office market rose in the first three months of the year, shaking off two consecutive quarters of declines as some tenants snapped up limited premium spaces and others renewed their leases instead of relocating owing to cost considerations, according to Colliers.

Lianjia has teamed up with coffee chain operator Manner to open a cafe in one of its outlets in Shanghai, launching a crossover marketing campaign to drive transactions amid lack of homebuying interest.

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Soaring house prices have long been a major problem for many Spaniards, particularly in the country’s major cities.