Policy Overhaul (Malaysia): Malaysia’s housing ministry says it will draft and amend four laws under its 2026–2035 National Housing Policy, including a new Property Development Act (expanding beyond housing to commercial projects), a Building Managers Act, and a Rent Tenancy Act, alongside revisions to the Strata Management Act. REIT Deal Flow (Philippines): AREIT agreed to acquire two luxury hotels and five shopping malls from Ayala Land in a ₱19.95B package, using a property-for-share swap plus cash, with shareholder and regulatory approvals pending. Market Pulse (US): Realtor.com’s ZIP-code heat map keeps pointing to the Northeast and Midwest, where tight supply and commuter-friendly suburbs are driving fast sales and bidding intensity. Homeownership Support (Israel): Israel unveiled a program offering 20,000 discounted homes and land plots for IDF reservists via a state “Target Price” scheme, with most units reserved for reservists. Local Governance (US): Shreveport’s mayoral race is set with seven candidates after qualifying closed, teeing up Nov. 3 elections that will shape city housing and development priorities. Construction/CRE (US): Chicago’s 400 N. Lake Shore Drive tower reached exterior completion, a milestone that could influence leasing expectations for the broader downtown skyline. Short-Term Rental Tax (Hawaii): Hawaii County is weighing a new “bed and breakfast” tax class for hosted short-term rentals in primary residences (under 180 days), aiming to differentiate them from unhosted vacation rentals. Risk & Resilience (US): Wildfires are expected to strain Spokane-area housing supply as rebuilding capacity gets tested after major losses. Tech + Real Estate Ops: One Click SEO rolled out AI appointment scheduling for real estate CRMs, pushing more automation into agent workflows.