Singapore Property Market News

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Surging developer sales point to further property market recovery

Sales of new private homes in Singapore, including EC units, almost doubled to 2,086 units in July from 1,064 units in the previous month...

Continue Reading16 Aug 2017

Buyers and developers turn attention to River Valley

Move over Marina Bay and Sentosa Cove because there is a growing number of luxury home buyers in Singapore who are turning their attention...

Continue Reading15 Aug 2017

Luxury home sales expected to gradually rise

A total of 22 good class bungalows (GCB) collectively worth S$463.91 million changed hands in 1H 2017, up from 14 GCBs with a combined value of S$298.36 million in the same period a year ago

Continue Reading15 Aug 2017

Hong Kong’s public housing hit record price

The property boom in Hong Kong has spread to public housing, with a 126 sq m housing unit at the Fung Tak Estate in Kowloon district sold for a record price of HK$1.95 million early last month

Continue Reading15 Aug 2017

Greater Southern Waterfront project may start sooner than expected

PSA Singapore’s decision to move from Tanjong Pagar Terminal to Pasir Panjang Terminal earlier than expected has sparked speculation...

Continue Reading14 Aug 2017

Singapore’s first retirement community nears completion

The first batch of residents in Singapore’s first retirement community, Kampung Admiralty, obtained their keys last Saturday (12 August), reported Channel NewsAsia...

Continue Reading14 Aug 2017

Smooth transition expected at CDL following CEO’s resignation

Grant L. Kelley, the CEO of Singapore’s second-largest developer CDL, has resigned after serving more than 3.5 years, citing personal reasons...

Continue Reading14 Aug 2017

CDL to benefit from property upcycle, calls for review of QC policy

Property giant City Developments Limited (CDL) said it is well-poised to benefit from the property upcycle after several years of subdued market conditions...

Continue Reading11 Aug 2017

Govt may require fire safety upgrades for old buildings

The Fire Code, which was created in 1974 after the fire at the Robinsons Department Store killed nine, do not include buildings constructed before 1974

Continue Reading11 Aug 2017

New homes to be equipped with smoke detectors

Notably, two-thirds of last year’s fires, at 2,800 cases, occurred in homes

Continue Reading11 Aug 2017

GuocoLand cuts back unit releases at Martin Modern

Believing that private home prices will increase, property developer GuocoLand trimmed the number of units offered for sale at its luxury condominium Martin Modern...

Continue Reading10 Aug 2017

Johor Sultan: RTS design impractical, unsustainable

The Sultan of Johor has slammed the proposed design of the Rapid Transit System (RTS) rail track between Singapore and Johor Bahru...

Continue Reading10 Aug 2017

Bukit Panjang Integrated Transport Hub opens 4 Sept

Residents and commuters in Bukit Panjang can look forward to a more convenient transport system when the new Bukit Panjang Integrated Transport Hub...

Continue Reading10 Aug 2017

Roxy-Pacific buys freehold River Valley site for $110m

Roxy-Pacific Holdings subsidiary RH Capital Two has signed an agreement to acquire a freehold residential site along River Valley Road for $110 million...

Continue Reading8 Aug 2017

HDB’s inaugural re-offer of balance flats exercise highly oversubscribed

First-time applicants accounted for almost 50 percent of the buyers at 2,647, while another 2,175 are second-timers

Continue Reading8 Aug 2017

Property prices to increase by up to 10%

With property sales surging 46 percent year-on-year in 1H 2017, analysts believe the property market is headed for an inflection this year

Continue Reading8 Aug 2017

280 units at Le Quest sold within hours of launch

The Le Quest at Bukit Batok opened for sales on Saturday (5 August), with the residential units attracting strong interest from buyers...

Continue Reading7 Aug 2017

A rare find in the north

Special Advertising Feature: Cluster developments are hugely popular among discerning home buyers in Singapore, and its easy to see why...

Continue Reading7 Aug 2017

Strong Q3 start for the auction market

While it is just the start of the quarter, the figure is already 18.1 percent higher than the S$29.5 million registered in Q2 2017

Continue Reading7 Aug 2017

UOL net profit up 59% in Q2

Revenue climbed 10 percent to S$399.1 million from S$363.55 million previously

Continue Reading7 Aug 2017