Philippine condominium developers are offering extended payment periods and financing incentives rather than cutting prices, as high mortgage rates and a record 82,900 unsold units in Metro Manila weigh on the residential market. Property consultants say developers fear that outright price cuts woul
Invesco Real Estate has launched a student housing platform in Seoul, seeded with five properties near Korea University that will deliver more than 400 beds. The platform targets a portfolio worth over US$500 million and will open in phases from Q1 2027.
A Singapore family court found that a man who sent explicit photos of his wife and her lover to a family chat group committed emotional abuse, but declined to grant a personal protection order. The magistrate cited the man's reflection and steps to change his life, adding that the incidents were dat
Hanoi apartment sales fell 52% year-on-year in Q3 2026, with the absorption rate dropping to 38%, its lowest since 2024. Primary prices kept rising but at a slower pace, averaging US$4,180 per sq m, while high mortgage rates pushed buyers to seek owner-occupier homes.
A 38-year-old worker died after a tree toppled at its base while he was carrying out tree-felling work at a private residential property in Katong. The Ministry of Manpower is investigating and has instructed the employer, Soh & Tan Enterprises, to stop all tree-felling activities involving tree cli
The Maharashtra government has directed Sub-Registrars to stop registering documents linked to unauthorised buildings and flats. Developers must now submit compliance certificates before selling, and unauthorised structures must be regularised first. The move aims to protect homebuyers from financia
Seven private housing projects in Kuala Lumpur remained abandoned as at Aug 31, while 12 others involving 6,102 housebuyers were classified as sick, the Dewan Rakyat was told. Housing and Local Government Minister Nga Kor Ming said five abandoned projects are in the planning stage for rehabilitation
University students in Malaysia are rethinking the pressure to land the perfect first job and buy a home, after mentorship sessions under the Rehda Institute Youth Initiative (RIYI) 2026. Industry leaders advised gaining broad experience in their twenties, building financial discipline, and avoiding
A 1,098 sq ft condominium unit at Sunway Artessa in Kuala Lumpur was sold at auction for RM653,000, roughly 25% below the median price. The buyer, a former tenant in the area, plans to personalise the unfurnished unit, which offers KLCC views and is near an LRT station.
The family of late property tycoon Chng has put his freehold bungalow in Singapore's District 11 on sale at S$83 million, or S$1,605 psf. The 51,700 sq ft pre-war estate is being marketed via a public tender closing Nov 12, with Knight Frank Singapore as exclusive agent.
A NUS Business School professor argues Singapore's wealth tax debate should move beyond inheritance taxes to consider whether property price gains were privately earned or collectively generated. The commentary follows recent parliamentary proposals to tax inherited high-value properties and growing
The six-month confidence index for residential developers in Greater Bangkok has fallen below the 50-point threshold, signalling a fragile recovery. This comes even as sentiment on current conditions returns to positive territory.
Listed developer Haus Talk, Inc. plans to acquire two Batangas properties spanning about 16 hectares, targeting more than 1,500 housing units. Construction is slated to begin within three to five years as part of the firm's Southern Luzon expansion.
Cebu Landmasters Inc. reported nearly 70% take-up of residential units at its Casa Mira Prime Ormoc project in Leyte within two weeks of its Sept. 25 launch. The listed developer did not disclose unit counts or sales values. The project is part of a second-half pipeline of 11 projects worth an estim
Pag-IBIG Fund has partnered with Rockwell Land Corp. to expand housing financing options, initially covering two accredited projects in Santo Tomas, Batangas. The partnership includes preferential pricing for members and seeks to serve middle to higher income segments.
The Department of Agriculture–Bureau of Fisheries and Aquatic Resources has provided over P14 million worth of fisheries livelihood projects to fisherfolk and seaweed farmers in Sorsogon. Agriculture Secretary Francisco Tiu Laurel Jr. led the distribution on 2 Oct 2026, which included marine fish ca
S P Setia Bhd has welcomed Budget 2027's homeownership support, including the stamp duty exemption extension to homes priced up to RM750,000, and its continued emphasis on the Johor-Singapore Special Economic Zone. The developer also backed the Green Investment Tax Allowance and the reintroduced var
The Draft Putrajaya Structure Plan 2050, considered at the 51st National Physical Planning Council meeting, sets targets of 83,438 homes and a population of 305,000 by 2050. The council also approved the Fifth National Physical Plan and Third National Urbanisation Policy, and agreed to the Perlis St
PR1MA Corporation Malaysia has opened online registration for Phase 1 of Bandar MADANI Bukit Jalil in Kuala Lumpur, following the Budget 2027 announcement. The mixed-use development will include a vertical school, health clinic, parks and recreational facilities.
Sime Darby Property Bhd has sold all 52 freehold single-storey semidee homes in Phase 1 of Seroja Gardens at Nilai Impian, Negeri Sembilan, within three hours of launch in September. The phase has a gross development value of RM48.3 million, with prices starting from RM905,888.
DMCI Homes has topped off five buildings at its Solmera Beach Park Resort in San Juan, Batangas, ahead of a February 2027 opening. The resort will offer studio, one-bedroom and two-bedroom units priced from P6.75 million to P20.41 million, alongside MICE facilities and a rental programme managed by
Singapore's National Environment Agency will launch a two-year pilot from the second half of 2027 allowing families to scatter cremated remains at sea, with a fee of S$50 per application. The service, which responds to growing demand for ash scattering, will operate weekly from Pasir Panjang Ferry T
Pag-IBIG Fund and the Bases Conversion and Development Authority (BCDA) have signed a memorandum of agreement to develop affordable housing on government land, initially targeting about 14 hectares at New Clark City in Tarlac. The partnership aims to bring homes closer to workplaces under President
Malaysia's Ministry of Housing and Local Government (KPKT) has been allocated RM6.355 billion under Budget 2027, up 4.38% from 2026. The funds will support housing programmes, local government upgrades, community facilities and fire services, including RM1 billion for affordable housing and stamp du
A four-room flat at Pinnacle @ Duxton sold for S$1.24 million, setting a new resale record and surpassing the previous high by 2.5 per cent. The sale is one of five four-room flats to cross S$1.5 million this year, with four at the development.
Chin Hin Group Property Bhd has previewed Ophira Resort Residences, a serviced apartment development along Jalan Segambut in Kuala Lumpur with an estimated GDV of RM814 million. The two-block freehold project offers units from RM438,000 and features resort-inspired facilities, with completion target
Rustomjee Group is exploring a move into the senior living segment and estimates the Mumbai Metropolitan Region can support more than 5,000 senior living homes. Chairman Boman Irani said the developer is open to building independently or with a partner, though investment and project structures are n
Kepong Metropolitan Park, centred on a 140-acre lake park, has become a focus for mid-market high-rise buyers in Kuala Lumpur. EdgeProp EPIQ data shows 61% of transactions from 2020 to mid-2026 were in the RM400,000–RM599,999 bracket, while median prices around the park have held near RM500,000 for
More than 26,000 cases of domestic violence against elderly people were reported in Taiwan last year, up from 20,182 in 2022. Psychological abuse accounted for 44.1 per cent of cases in the first half of this year, with nearly 58 per cent involving the elderly person's descendants.
Former Japan Ground Self-Defense Force chief Kiyofumi Iwata urged Tokyo to include Taiwan among destinations eligible for arms sales, citing shared strategic interests. He also highlighted potential defence industry cooperation, particularly in drones, to reduce dependence on Chinese supply chains.
Megawide Construction Corp. is betting on affordable and socialized housing under the Philippine government's Pambansang Pabahay para sa Pilipino Program (4PH) to drive its next growth phase. Chairman Edgar B. Saavedra said the company targets delivering 5,000 to 7,000 units in the coming year, scal
PCF Sparkletots will double its spending on staff development to S$20 million over the next three years. The preschool operator also announced initiatives to reduce teachers' administrative workload and introduce a checklist for supporting children with diverse learning needs.
S P Setia Bhd has launched Aurora II, a collection of 69 double-storey terrace houses within the 545-acre Setia Bayuemas township in Klang, Selangor. The freehold homes, with prices starting from RM840,000, feature smart-home technology and eco-conscious designs, and are expected to be ready for mov
UEM Sunrise Bhd has launched MAIA Mont’Kiara, a 495-unit freehold condominium on a 5.016-acre hilltop site at the edge of Bukit Kiara. Prices start from RM1.535 million, with completion expected in the first half of 2031.
Taiwan's Ministry of Health and Welfare spent NT$97.2 million on gold charms for 6,489 centenarians this Double Ninth Festival, up from 5,749 last year. The cost rose despite a dip in gold prices from a high of NT$5,066 per gram.
Narrow parking lots and tight ramps at older Singapore developments such as Shaw House, Beauty World Centre and Pandan Valley are causing difficulties for drivers of larger modern cars. The minimum lot width of 2.4m, which applies only to new developments since Jan 2024, is increasingly inadequate f
The People's Association (PA) will roll out bite-sized, beginner-friendly AI courses at community clubs from November 2026, priced at S$10 per session. Aimed at residents unfamiliar with technology, including seniors and homemakers, the AI @ Your Neighbourhood programme targets 10,000 participants a
The Noida Authority has approved a revised master layout plan for the Sports City project in Sector 150, allocating 70% of the area to sports and recreation. Four projects have received conditional occupancy certificates after clearing all outstanding dues, as the Supreme Court continues to monitor
Malaysia will reintroduce the variation of price (VOP) clause to cover rising diesel and bitumen costs for public-interest projects, among other contractor support measures in Budget 2027. The budget also raises Bumiputera procurement to RM7.5 billion and boosts home repair aid for disaster victims.
Knight Frank Malaysia said Budget 2027 provides a constructive platform for the property sector, with measures on connectivity, homeownership and affordable housing. The consultancy highlighted the need for timely implementation to attract private investment and deliver lasting benefits.
Siva Shanker of Rahim & Co Chestertons welcomed Budget 2027's stamp duty relief and government land for affordable housing, but stressed the need for safeguards to ensure subsidised homes go to genuine owner-occupiers, not investors. He called for screening, occupancy requirements, and anti-flipping
The National Company Law Appellate Tribunal has directed a Supreme Court committee to provide individual completion timelines for each of 16 stalled Supertech housing projects. The committee must submit a report with tentative dates by the next hearing on 6 November 2026, as the current proposal of
The Malaysian government has increased the allocation for rural road projects to RM2.3 billion in Budget 2027, up from RM1.3 billion in 2022. A total of RM3.3 billion is set aside for rural basic infrastructure, with Tenaga Nasional Bhd installing solar-powered streetlights in villages and rooftop s
The government will develop nearly 11 acres of government land in Belfield, Kuala Lumpur, for at least 2,500 Rumah MADANI affordable homes, with 70 per cent reserved for Bumiputera buyers. The Budget 2027 also allocates RM1.26 billion for FELDA and introduces measures to support construction contrac
Malaysia's Budget 2027, tabled by Prime Minister Anwar Ibrahim, allocates nearly RM1 billion for housing, expands first-home buyer stamp duty exemptions, and introduces new projects including Bandar MADANI Bukit Jalil. The budget also includes RM20 billion in financing guarantees for self-employed b
Haily Group Bhd's subsidiary, Haily Capital Sdn Bhd, has acquired a 176,690 sq ft freehold agricultural plot in Pulai, Johor Bahru, for RM6.45 million. The price reflects a 5.15% discount to an independent valuation of RM6.8 million. Completion is expected in Q4 2026.
Former Petaling Jaya city councillor Derek John Fernandez identifies three key urban planning challenges: development intensities exceeding the city's carrying capacity, ageing infrastructure, and a need to reassess market-driven development strategies. He calls for greater public participation, bet
S&P Global Ratings expects a meaningful recovery in the Philippine residential property market only from late 2027, with elevated condominium inventories of about 80,000 units, high inflation and borrowing costs weighing on demand. Pre-sales among four major developers fell 7% year on year in the fi
A proposed merger of COE Categories A and B with a fee-and-rebate system based on open market value could widen the price gap between luxury and mass-market cars, but transport experts say it may not lower overall premiums. The Land Transport Authority launched a public consultation on the proposal
A full-time national serviceman died on Oct 8 after being found unconscious at the foot of a building on Pulau Tekong. He was not involved in training at the time, and investigations are ongoing.