Real Estate

Email Sign Up For Our Free Weekly Newsletter Biggest Share of Home Price Declines Since 2012 The American housing market is entering a new phase of cooling, with a majority of homeowners now seeing their property values slip from last year's highs. New analysis from Zillow shows that 53% of U.S. homes have lost value over the past 12 months -- the largest share since 2012, when the market was...

Email Sign Up For Our Free Weekly Newsletter U.S. Roads, Airports and Cruise Ports Brace for Peak Crowds U.S. holiday travel is on track to hit record levels this Thanksgiving, with the American Automobile Association projecting 81.8 million people will journey at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1, 2025. The figure marks a 2% increase from last year--roughly 1.6...

Email Sign Up For Our Free Weekly Newsletter High-End Buyers Power Through Rate Pressures U.S. luxury home prices surged to a record for the month of October 2025, climbing 5.5% from a year earlier to a median of $1.28 million, according to a new report from Redfin. High-end properties once again far outpaced the rest of the housing market: prices for non-luxury homes rose just 1.8% to a median of...

City Developments Limited (CDL) is taking a second bite of the cherry with plans to redevelop Katong condominium Amber Park, which it built in 1986, into a far bigger project. It beat seven other bidders with a $906.7 million offer as the 200-unit estate finally made good on its fourth attempt at a collective sale. With a price tag well above the $768 million reserve, Amber Park has also set a record...

SINGAPORE - The en-bloc boom has prompted freehold Cairnhill Mansions to try to pull off a collective sale - its fifth attempt. It has won the backing of more than 80 per cent of the owners threshold and a public tender will soon be called, marketing agent CBRE said on Thursday (Oct 5). Home owners are hoping for at least $362 million for the prime 61-apartment property, which has a roughly 172,240...

SINGAPORE - Eighteen real estate projects were lauded for being well built at an industry gala on Friday (Oct 6) and will go on to compete on the world stage. They were rated on criteria such as design, functionality and sustainability for the Singapore Property Awards, organised by the national chapter of Paris-based international real estate federation Fiabci. The 18 winners, which include hotels...

SINGAPORE — Surging bids for Singapore land aren’t sustainable in a market constrained by demographics and the government’s cooling measures, according to the head of a developers’ association. “It is not sustainable to continue at this rate,” Augustine Tan, president of the Real Estate Developers’ Association of Singapore, said in a speech on Wednesday. “With property measures in place,...

By  KELLY NG SINGAPORE— In a sign developers are increasingly bullish about the private residential property market, two local developers have jointly snapped up the 200-unit Amber Park in Katong, marking the Republic’s largest freehold collective sale by dollar value. The S$906.7 million deal went to City Developments’ (CDL) wholly owned subsidiary Cityzens Development and Hong...