Myths and realities in real estate tokenisation
THE collapse of FTX in November 2022 sent a shockwave to investors who trade cryptocurrencies, many of whom suffered a wipe-out of their investments on unregulated online exchanges.
Real Estate News
Over 900 flats to be built in Sin Ming, first HDB project for sale in the area in over 30 years
MORE than 900 new Housing Board flats will be built along Sin Ming Road in Upper Thomson, in the first new flats to be launched for sale in the area since 1988.
Australia’s top banks look to diversify from mortgages as rates peak
AUSTRALIA’S top banks may be forced to look beyond their traditional residential mortgages business for growth as the windfall from high interest rates peaks and the risks from runaway inflation and competition rises.
A house that is as green as it gets
ELEVEN years ago, Sally Liu, a water-resources engineer, and her husband Bay Chang, then a senior research scientist for Google, bought a 0.84-acre lot for US$2.675 million in suburban Hillsborough, California. Avid environmentalists in their mid-40s with two young sons, they set out to build something different from the neighbourhood’s ...
Commercial real estate market faces next wave of financial stress, says Apollo CEO
THE financial world is increasingly warning of the pain to come for owners of office buildings.
Toronto housing market roars back with sales and prices surging
TORONTO’S housing market hummed back to life last month as the traditional spring selling season brought a surge in both sales and prices following last year’s record rout.
Rent in New York City could soon increase by 2% to 5%
THE New York City panel charged with regulating rents across nearly one million rent-stabilised apartments gave preliminary approval on Tuesday (May 2) to some of the largest increases in years.
World’s tallest ‘hemp hotel’ trails South Africa’s green credentials
WITH 12 storeys, a breathtaking view of Cape Town’s imposing Table Mountain and a minimal ecological footprint, the world’s tallest building made with industrial hemp is set to soon open its doors in South Africa.
Britain’s housing slowdown leaves more homes on the market
BRITONS brave enough to buy a home in the midst of the housing downturn have 66 per cent more properties to choose from compared with a year ago.