Iran foreign ministry spokesman said talks with Oman are bilateral and do not involve other parties, and reiterated that the situation in the Strait of Hormuz will not return to its pre-war state.

Shanghai new-home prices rose 0.96% MoM in July, the largest monthly increase nationwide, with 2,796 transactions. Shanghai’s land market stayed hot: four parcels this year sold with premium rates above 35%. Market participants say high premiums on core plots underscore long-term value and may further lift buyer confidence. Shenzhen’s housing market remained active in July: net-signed sales of new-build residential units were 3,529 (+32.7% YoY); second‑hand residential net-signed sales were 4,795 (+3%), about 60% of total commodity housing transactions. Jan–Jul net-signed sales of first‑ and second‑hand commercial apartments totaled about 6,978 units, up 60.6% YoY.

On Aug. 1 in Ipoh, Malaysia, Housing and Urban‑Rural Development Minister Ni Hong presented China’s 15th Five‑Year housing and urban development blueprint, highlighting the “Good Housing” construction program and urban renewal initiatives. Ni said China will deepen cooperation with ASEAN on housing and city construction; no implementation or financing details were disclosed.