Housing Ad Rules: Malaysia’s housing watchdog is cracking down on developers’ “unsubstantiated” marketing claims, warning fines up to RM50,000 and jail up to five years for misleading brochures. Hospitality REIT Push: DoubleDragon plans to list Hotel101 Global as a SGD 300m REIT on Singapore’s SGX, aiming to recycle capital while expanding recurring income via a global unit portfolio. Foreign Buyer Taxes (Malaysia): Johor’s Forest City SFZ keeps a 50% stamp-duty remission for eligible foreign buyers, while the wider market shifts to an 8% flat stamp duty rate from 2026. Market Watch (Estonia): Estonia’s developers report a cautious recovery but mixed results, with some firms still posting turnover declines and losses amid slow demand. Global Capital Flows (Private Credit): Ares raised a record $36bn in Q2, underscoring continued institutional appetite for private credit and real assets. Luxury & Lifestyle Demand: Sotheby’s says affluent older buyers increasingly prioritize wellness and longevity-focused community amenities. Urban Policy Tension: New York’s pied-à-terre tax rollout has triggered billionaire backlash as the city publishes a massive address list. Property Momentum (India): Mumbai is projected to log 13,617 registrations in July 2026—its highest July in 14 years—driven by resilient demand. Real Estate Tech Governance (ADGM): ADGM’s Registration Authority activates a broker classification framework to recognize top performers and raise standards across its real estate ecosystem.