Singapore Property Market News

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Temporary blip in HDB resale transactions, dwindling first-timer demand

The latest HDB resale data for the third quarter of 2017 saw a fall in both prices and transaction volumes. The Resale Price Index (RPI) fell by 0.7 percent from 133.7 during Q2...

Continue Reading23 Nov 2017

6 things to know before buying a property

Ironically the budget, or at least your capability to finance the mortgage on the property (including taking out bank loans), is your best tool. Ascertaining your financial viability...

Continue Reading23 Nov 2017

Singapore listed one of Asia Pacific’s top real estate investment markets

After two years of falling rents caused by a glut of supply and a sluggish economy, the promise of a bottom in the city-state’s office market pushed its ranking...

Continue Reading23 Nov 2017

Kismis View up for en bloc sale for $102mil

Kismis View along Lorong Kismis within the Upper Bukit Timah area has been put up for en bloc sale...

Continue Reading23 Nov 2017

Developers to acquire more residential sites

At least 13 housing site tenders are expected to close for the remainder of the year...

Continue Reading22 Nov 2017

Russian magnate embroiled in one of biggest lawsuits over housing defects

From being the priciest transaction in Singapore’s property scene, the $10.5 million sale of a 315 sq m apartment unit...

Continue Reading22 Nov 2017

Overall subscription rate for BTO flats down in November

Despite the robust demand seen for three- and four-room flats in Tampines and Geylang, the overall subscription rate for Build-to-Order (BTO) flats continued to fall during the November sales exercise...

Continue Reading21 Nov 2017

Property agency expands into S’pore amid housing market recovery

London-based property specialist Chestertons and Singapore’s RHT Wealth Holdings have teamed up to launch a new real estate consultancy in the city-state that will serve as its gateway into the rest of the region...

Continue Reading21 Nov 2017

Oxley acquires Mayfair Gardens for $311mil

Oxley Holdings Ltd, via its subsidiary Citrine Property Pte Ltd, has acquired Mayfair Gardens for $311 million, said marketing agent Knight Frank...

Continue Reading20 Nov 2017

Johor Sultan agrees to RTS Link’s revised design

The land transport authority of Malaysia revealed that Johor’s Sultan Ibrahim Sultan Iskandar has agreed to the revised design of the Rapid Transit System...

Continue Reading20 Nov 2017

Two en bloc projects get nod from LTA

Three property developers in Singapore have received in-principle approvals from the Land Transport Authority...

Continue Reading20 Nov 2017

This app is changing the way we live and work

Smart home apps in Singapore are slowly evolving from the confines of individual buildings to multiple distinct communities. For instance, developer M+S...

Continue Reading17 Nov 2017

Tai Wah Building sold en bloc for $84.9mil

Tai Wah Building, a four-storey building along Killiney Road, has been sold to private equity investment firm Lucrum Capital Pte Ltd for $84.9 million...

Continue Reading17 Nov 2017

Vista Park up for collective sale for $350mil

Joining in the collective sale frenzy, Vista Park condominium has also launched a tender for en bloc sale, with the owners expecting offers of at least S$350 million...

Continue Reading17 Nov 2017

5 family-friendly condominiums

What makes a condo family-friendly? Facilities are all fun and good but if a project doesn’t do anything different other than include a pool and gym for the children, how is it distinguishable from the horde of clones out there?

Continue Reading17 Nov 2017

Four condos up for en bloc sale

Four residential developments, including the iconic Pearlbank Apartments in Outram, have been put up in separate tenders for en bloc sale...

Continue Reading16 Nov 2017

Developers prefer green buildings over non-green ones

Given the various benefits offered by green buildings, developers and homeowners in Singapore are willing to fork out more for green buildings certified by the Building & Construction Authority...

Continue Reading16 Nov 2017

CapitaLand builds residential project in Vietnam

Singapore-listed CapitaLand has invested $53.5 million to acquire a 1.45ha site in Ho Chi Minh City, Vietnam...

Continue Reading16 Nov 2017

Developer sales up 15% in October despite no major launches

Sales of new private homes excluding executive condominiums (ECs) rose 15.4 percent to 758 units in October from 657 in the previous month, according to URA data...

Continue Reading15 Nov 2017

URA teams up with REDAS for innovation contest

The Urban Redevelopment Authority (URA) and Real Estate Developers’ Association of Singapore (REDAS) have joined forces to launch an annual competition...

Continue Reading15 Nov 2017