Singapore Property Market News

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Rare sea-facing landed homes to launch in Sembawang

A new freehold strata landed housing development located next to Sembawang Park at the end of Sembawang Road is expected to go on sale soon...

Continue Reading22 May 2017

CapitaLand to launch ‘star buy’ units at Victoria Park Villas from $3.85m

The showflat of Victoria Park Villas, a luxury landed housing project in District 10, is reopening this weekend amid more positive market sentiment...

Continue Reading19 May 2017

Philippines' most popular condos for rent

With the number of condominium developments being planned and built in the country, the average gross rental yield of Philippine real estate is among the highest in the region.

Continue Reading19 May 2017

Geylang, Bidadari flats most popular among buyers

Majority of the applicants were second-time home buyers

Continue Reading19 May 2017

China home-price growth eases on stricter purchasing rules

Introduction of stricter restrictions on property acquisitions led to an easing of home price growth in China last month

Continue Reading19 May 2017

Foreign developers jointly bid over $1 billion for Queenstown site

The tender for a 2.11ha residential site at Stirling Road in Queenstown attracted substantial interest from developers, with a total of 13 bids...

Continue Reading19 May 2017

HDB launches 8,748 flats for sale in May

The Housing and Development Board (HDB) launched 8,748 flats on Thursday in its latest sales exercise. They comprise 4,802 Build-To-Order (BTO) units...

Continue Reading18 May 2017

Shrinking apartment sizes top driver of self-storage demand in Asia, survey

90 percent of self-storage operators indicated shrinking apartment sizes as the main driver of self-storage demand

Continue Reading18 May 2017

Canada at risk of a housing bust, Goldman Sachs

With too much home construction and overvalued houses, Canada faces a 30 percent chance of a housing bust in two years

Continue Reading18 May 2017

Aspial Corp to list property arm in Singapore

To raise funds for working capital, property purchase and construction, Aspial Corporation Limited plans to spin off its property development division by floating it on the Catalist board

Continue Reading18 May 2017

UOL Group jointly completes purchase of Raintree Gardens

The collective purchase was carried out by UVD (Projects) Pte Ltd, a joint venture between UOL Group and United Industrial Corporation, with each having a 50 percent stake in the entity.

Continue Reading17 May 2017

Developers pay more for sites amid fierce competition

The aggressive bidding for land at public tenders this year saw developers paying an average of 29 percent more for residential sites over comparable plots sold over the last five years

Continue Reading17 May 2017

Australia’s tallest man-made waterfall

Just five kilometres from the Central Business District (CBD), a tranquil oasis of green, complete with a park and waterfall, will be unveiled come 2020.

Continue Reading17 May 2017

Singapore consortium appointed master developer of Amaravati City start-up area

Singapore consortium, along with the government of Andhra Pradesh’s Amaravati Development Corporation, will form a joint venture known as the Amaravati Development Partners to develop the area

Continue Reading16 May 2017

Developers bid more aggressively amid signs of housing market rebound

Spike in new home sales following an easing of property cooling measures saw more developers aggressively bidding at land auctions in Singapore

Continue Reading16 May 2017

Developers sold 1,555 private homes in April

Property developers sold 1,555 new private homes in April 2017, down 12.6 percent from 1,780 units a month earlier, according to URA data...

Continue Reading16 May 2017

UOL net attributable profit up 4% in Q1

UOL Group Limited saw its net profit increase by four percent to S$80.3 million in Q1 2017

Continue Reading15 May 2017

Property purchased for charity not subject to ABSD, court

High Court ruled that properties held by charitable purpose trust do not have “identifiable beneficial owners” for ABSD to apply and ordered the Commissioner of Stamp Duties to refund S$986,965 paid by the trustees of Chew How Teck Foundation

Continue Reading15 May 2017

Heeton posts 12.4% rise in Q1 revenue

Heeton Holdings Limited cautiously optimistic on the short term outlook for Singapore’s residential property market as its revenue increased by 12.4 percent to S$15.49 million in the first quarter of 2017

Continue Reading15 May 2017

Systra, Meinhardt bag design contracts for Singapore-KL HSR project

Systra and Meinhardt have been awarded two Reference Design Consultant (RDC) contracts by MyHSR Corporation, which is responsible for implementing the Singapore-Kuala Lumpur High Speed Rail.

Continue Reading12 May 2017