Most recent information for Singapore property market

Private homes sales up 73% in 1H 2017

Despite the 21.1 percent month-on-month drop in the number of units sold last month, developers still managed to sell 6,388 private homes during the first half of 2017

Continue Reading • 18 Jul 2017

Housing loans account for 31% of domestic banking unit

Notably, housing and Building and Construction sector loans constitute between 40 and 50 percent of the total loans of Singapore’s three giant banks

Continue Reading • 18 Jul 2017

Tiong Seng JV buys two residential sites for S$21mil

With a combined area of about 1,246.3 sqm (approx. 13,415 sq ft), the sites at TS24-245L and TS24-246C in Jervois Road have a gross plot ratio of 1.4

Continue Reading • 18 Jul 2017

Woodleigh Lane residential site awarded

The tender for the plum site attracted 15 bids, with the winning bid working out to S$1,110 psf per plot ratio.

Continue Reading • 17 Jul 2017

Australia house prices not headed for a crash, UBS

In a report to clients, UBS economists described house price growth in Australia as “unsustainable.” Despite this, they do not expect house prices to crash.

Continue Reading • 17 Jul 2017

Fragrance to build residential tower in Melbourne

Located near a tram line, the 625-unit project sited on a 2300-sqm prime site at 555 Collins Street will also come with retail space on the first level

Continue Reading • 17 Jul 2017

SC Global launches final phase of Martin No.38

Luxury property developer SC Global Developments is releasing the final phase of its Martin No.38 apartment at Martin Road in the River Valley area...

Continue Reading • 14 Jul 2017

‘Bungalow in the sky’ up for sale for $100m

A three-storey penthouse equipped with a private pool on the 64th floor has been put up for sale for a whopping $100 million, media reports said...

Continue Reading • 14 Jul 2017

Confidence in Aussie housing market falls

National Australia Bank (NAB) said sentiment in the country’s housing market weakened in Q2 2017 after it reached a three-year high in the previous quarter...

Continue Reading • 14 Jul 2017

City of London skyscraper skyline banking district

UK house price growth slows amid political uncertainty

House price growth in the UK fell to an 11-month low in June on the back of domestic political concerns, media reports said. “The term ‘uncertainty’...

Continue Reading • 14 Jul 2017

Oxley to acquire Pasir Panjang property

Oxley Holdings is acquiring a freehold residential property known as 231 Pasir Panjang Road for $121 million. This comes after its wholly-owned subsidiary...

Continue Reading • 13 Jul 2017

Yanlord, Perennial to make United Engineers offer

After securing clarifications on the procedures for making a simultaneous bid for two companies from Singapore’s takeover council, a consortium...

Continue Reading • 13 Jul 2017

Apartment blocks in Hong Kong, China, East Asia.

Self-storage business thriving amidst HK’s tiny flats

The business of self-storage will continue to flourish in Hong Kong as its 7.4 million residents mostly live in very small apartments...

Continue Reading • 13 Jul 2017

Chip Eng Seng unit submits $700.7m top bid for Woodleigh Lane site

A plum residential site at Woodleigh Lane just next to Woodleigh MRT station attracted 15 bids at the close of its tender exercise...

Continue Reading • 12 Jul 2017

View of modern buildings in Melbourne, Australia

Australia’s property cooling measures hit investor lending

Australia’s property cooling measures may have started to bite as home lending to property investors fell 1.4 percent in May – its second month in a row...

Continue Reading • 12 Jul 2017

London Mansion Blocks with Canary Wharf in background

Sales of UK homes costing £1mil nearly triples

Sales of houses worth at least £1 million (S$1.79 million) in the UK soared by 195 percent between 2011 and 2016, while total residential transactions...

Continue Reading • 12 Jul 2017