Philip Chua Business Blog

Posts Tagged ‘Estate’

(SINGAPORE) DEVELOPERS will be bringing forward their property launches over the next few months to satisfy strong demand from homebuyers, said Real Estate Developers’ Association of Singapore (Redas) president Simon Cheong yesterday.
But Mr Cheong, who was speaking at Redas’ spring festival lunch, warned that many developers are now facing depleting land banks following brisk home sales in recent… more

WHO would you trust more? A fireman, or a real estate agent?
Thought so.
So did 760 Singapore residents who took part in an online poll conducted by Reader’s Digest magazine on the most trusted professionals in the country.
Conducted last October, the poll gave them two lists of 55 individuals and 40 professions and asked them to rate their trustworthiness on a scale of one to 10.
The results show… more

The administration’s $75 billion program to protect homeowners from foreclosure is widely seen as a disappointment, and some experts say it has done more harm than good.







Real estate – Foreclosure – Business – Investing – New York Times

The housing market is in the midst of a rocky recovery, but it’s too soon to declare the end of one of the worst slides since the Great Depression.

Business – Real estate – Residential – National Association of Realtors – Real estate economics

The number of homeowners on the brink of foreclosure fell in November, the fourth straight monthly decline, as mortgage companies evaluated whether borrowers were eligible for help.









Foreclosure – Mortgage – Business – Real estate – Investing

Sales of new homes rose last month to the highest level in more than a year as strong activity in the South made up for weakness in the rest of the country.

Real estate – United States – Business and Economy – Guides and Directories – California

(SINGAPORE) HDB upgraders account for a shrinking share of private home transactions as property prices rise and mass-market launches taper off.

In contrast, private housing dwellers are buying more property as economic sentiment improves, keeping the real estate market afloat.
According to property consultancy DTZ, buyers with HDB addresses picked up 4,0… more

(SINGAPORE) The Asian real estate investment market continued to gain momentum in the recent third quarter, as capital values generally stabilised and sentiment improved.
Direct real estate investment in Asia jumped 25 per cent quarter-on-quarter to an estimated US$9.1 billion, according to a report by CB Richard Ellis (CBRE).
The property firm also said in a separate note that the Asian office ma… more

Reuters – The real estate investment manager who led the California Public Employees’ Retirement System, the nation’s largest pension fund, into a money-losing land venture has resigned as an adviser to the fund, a spokeswoman for MacFarlane Partners said on Saturday.

Reuters – Commercial real estate company Capmark Financial filed for bankruptcy protection on Sunday, wiping out the investment of several private equity firms including Kohlberg Kravis Roberts & Co.