Saudi Arabia has introduced a five-year rent freeze in Riyadh, halting increases for residential and commercial properties as part of new rules approved by the Cabinet. The measures, effective from 25 September, aim to curb rising rental costs and strengthen protections for both landlords and tenants.
A consortium of Evia, Gamuda and Ho Lee has topped the tender for Yishun’s Chencharu Close site with a $1.01 billion bid, paving the way for a landmark mixed-use development.
Cushman & Wakefield has secured a five-year agreement with Woodside Energy to provide real estate services across 14 countries, strengthening their global partnership and marking the firm’s first Global Occupier Services client based in Perth.
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