Singapore Property Market News

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Short-term stays may be allowed for private homes: MND

Short-term accommodations, such as those offered on Airbnb, may be allowed for private homes in Singapore but subject to proper safeguards and controls, said Lawrence Wong...

Continue Reading7 Feb 2018

Residential investment sales soared in 2017

Residential investment sales in Singapore rose sharply by 184 percent year-on-year to $8.3 billion last quarter and surged by 119 percent to $21.7 billion for the whole of 2017...

Continue Reading7 Feb 2018

Pacific Mansion up for en bloc sale for $938m

Pacific Mansion, a freehold residential development along River Valley Close, has been put up for collective sale at a reserve price of $938 million...

Continue Reading7 Feb 2018

HDB launches 4,381 HDB flats in February

The Housing and Development Board (HDB) launched 4,381 flats for sale on Tuesday (6 February) under its latest sales exercise. This includes 3,664 Build-To-Order (BTO) and 717 balance flats...

Continue Reading6 Feb 2018

20,000 people own 3 to 10 private homes in S’pore: Ministry

Fewer than 200 people currently have more than 10 private residential properties in Singapore, according to a written answer from the MND...

Continue Reading6 Feb 2018

High number of dislodged tiles in HDB flats due to unusually cold weather: Ministry

The Housing and Development Board (HDB) offers more favourable terms in repairing dislodged tiles than private home builders, according to the government...

Continue Reading6 Feb 2018

Oxley acquires Geylang land for $13m

Oxley Holdings, via its fully-owned subsidiary Oxley Pearl, has acquired a 99-year leasehold site from Huang Shi Zong Hui (Singapore) for $13 million...

Continue Reading6 Feb 2018

Sentosa Cove penthouse up for auction

A two-level penthouse on the sixth storey of The Berth by the Cove will be placed under the hammer on 28 February at The Amara Hotel Singapore, revealed Edmund Tie and Co...

Continue Reading5 Feb 2018

Govt to unveil pilot areas of underground masterplan in 2019

The government will unveil an underground masterplan mapping out the city-state's underground spaces and their potential uses next year...

Continue Reading5 Feb 2018

Chinese cash policy puts the squeeze on ambitious Johor project

As the old philosophical question goes: "If a tree falls in a forest and no one is around to hear it, does it make a sound?" At Forest City, a mega-project...

Continue Reading5 Feb 2018

HDB lowers occupancy cap for larger flat rentals

The Housing and Development Board (HDB) has revised the occupancy cap for 4-room and larger HDB flats for rent to six persons, from the current maximum of nine persons...

Continue Reading2 Feb 2018

Vicenta Lodge to go en bloc for $33.6m

Vicenta Lodge, a freehold residential development in Lorong Marzuki, will be put up for en bloc sale tomorrow (3 February) with a guide price of $33.6 million...

Continue Reading2 Feb 2018

GuocoLand Q2 revenue grows 60%

GuocoLand’s revenue surged by 60 percent year-on-year to $370.56 million in the second quarter ended 31 December 2017, due mainly to higher sales...

Continue Reading2 Feb 2018

Katong Park Towers launched for collective sale

Katong Park Towers in Katong has been put up for en bloc sale carrying a reserve price of $288 million. The asking price works out to a land rate of $1,165 psf per plot ratio (psf ppr)...

Continue Reading1 Feb 2018

Chinatown Plaza joins en bloc frenzy, owners asking for $270m

The owners of Chinatown Plaza near the Central Business District launched the mixed-use project for collective sale for $270 million yesterday...

Continue Reading1 Feb 2018

S’pore a key player in China’s Belt and Road plan

The city-state is the most needed market for the successful implementation of China’s ambitious Belt and Road Initiative (BRI), media reports said...

Continue Reading1 Feb 2018

CDL submits highest bids for Handy Road, West Coast Vale sites

The Urban Redevelopment Authority’s batched tender closing for three residential sites at Chong Kuo Road...

Continue Reading31 Jan 2018

Horizon Towers owners in no hurry for a collective sale

While the number of collective sale sites on the market continues to grow...

Continue Reading31 Jan 2018

Sentosa Cove property market stabilising

Amidst the recovery of Singapore’s private housing market, prices of luxury properties in Sentosa Cove have stopped declining...

Continue Reading31 Jan 2018

Keppel Land annual home sales down 4% to 5,480 units

Keppel Land’s total homes sales slid by four percent to 5,480 units last year...

Continue Reading30 Jan 2018