Britain slashes property purchase tax for first-time buyers



BRITISH Prime Minister Theresa May slashed property purchase taxes for first-time buyers in a bid to win over younger voters who have shunned the ruling Conservatives because they are unable to buy a home.



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Emaar Development IPO takes a beating due to M-E geopolitical risk



GEOPOLITICAL risk in the Middle East took a toll on the debut of a stock linked to one of the strongest brands investors can find in the United Arab Emirates (UAE) market.



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Trump Organization to exit NY SoHo hotel



US President Donald Trump's family company said its management and licensing agreement for the Trump SoHo Hotel was bought out by the New York property's owner, marking the second time this year the Trump name will be removed from a hotel-condominium tower.



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Grand buildings help keep Macy's afloat



THE Macy's Thanksgiving Day Parade is an indelible holiday tradition. But the company that has sponsored the parade for nearly a century is being tested like the SpongeBob balloon in a strong wind.



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Keppel Land in JV to build two luxury condos in Bangkok's CBD



KEPPEL Land Limited, the property arm of Keppel Corporation, has entered into a joint venture with Thai property developer KPN LAND Co Ltd to develop two premium condominium projects in Bangkok's CBD.



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Oxley close to buying Chevron House



OXLEY Holdings is in the advanced stages of stitching up a deal to buy Chevron House in Raffles Place.



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Capital World acquires right to develop Johor township for RM63m



CATALIST-LISTED property developer Capital World is acquiring a joint development right to develop a township in Johor for RM63 million (S$20.6 million).



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Australia faces housing hangover twice size of US subprime era



[SYDNEY] The party is finally winding down for Australia's housing market. How severe the hangover is will determine the economy's fate for years to come.



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Ascendas India Trust in deal to acquire six warehouses for 5.34b rupees



ASCENDAS India Trust (a-iTrust) has agreed to acquire six warehouses from Arshiya Limited for 5.34 billion rupees (S$112.5 million).



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China targets illegal flats after Beijing apartment block blaze kills 19



[BEIJING] China's capital is targeting factories and warehouses illegally leased out as flats in a campaign to clear fire hazards after a fire in an apartment block killed 19 people, state television reported on Thursday.



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Keppel Land in JV to develop two premium condominium projects in Bangkok's CBD



KEPPEL Land Limited, the property arm of Keppel Corporation, has entered into a joint venture with Thai property developer KPN LAND Co Ltd to develop two premium condominium projects in Bangkok's CBD.



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Capital World acquires right to develop Johor township for RM63m



CATALIST-LISTED property developer Capital World is acquiring a joint development right to develop a township in Johor for RM63 million (S$20.6 million).



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M&C opens new M Social hotel in Auckland



EIGHTEEN months after the first M Social hotel was opened in Singapore, Millennium & Copthorne Hotels (M&C) has opened a second such hotel under this brand, this time in New Zealand.



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New York's Harlem is getting posh and it's getting pushback from poorer residents



IN 1969, Samuel Hargress bought his Harlem jazz bar and the surrounding building for US$35,000. Half a century later, he says real estate brokers keep pestering him to sell - for US$10 million.



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US homes sales accelerate, supply still a constraint



HOME sales in the United States increased more than expected in October as hurricane-related disruptions eased, but a chronic shortage of houses which is pushing prices beyond the reach of some first-time buyers remains an obstacle.



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