Singapore Property Market News

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Chinese nationals still buying Singapore homes for their kids

Despite facing weaker currencies and slowing economies, mainland Chinese and Malaysians remain the top foreign buyers of Singapore property, revealed a DTZ report...

Continue Reading20 Mar 2016

Katong bungalow put up for mortgagee sale

A freehold site with redevelopment potential at 85 Branksome Road in Katong has been put up for sale by auction, revealed DTZ, the sole marketing agent...

Continue Reading19 Mar 2016

HLH launches phase two of Cambodian project

Singapore-listed HLH Group has launched phase two of its maiden mixed-use development in Cambodia, after the first phase was sold out. A total of 437 units were released...

Continue Reading19 Mar 2016

Singapore's housing market among the weakest: Knight Frank

Prices of private homes continued their downward trend, falling by 3.6 percent in the fourth quarter of 2015 from the previous year, according to Knight Frank...

Continue Reading18 Mar 2016

South Beach wins top design award

South Beach, Singapore’s biggest mixed-use development, has won the only Platinum SG Mark, presented at this year’s Design Business Chamber Singapore (DBCS) SG Mark awards...

Continue Reading18 Mar 2016

Malaysia's property market has hit bottom, says developer

Home sales in Malaysia are expected to recover in the second half of 2016, said Mah Sing Group, the country’s third largest property developer by sales...

Continue Reading18 Mar 2016

Top property agents earn 66% more than average Singaporean

The median gross monthly commission earned by the top 300 property agents at ERA Realty Network hit $11,686 in 2015, according to latest statistics from the agency...

Continue Reading17 Mar 2016

Expats still paying top dollar for historic bungalows

Sales of black-and-white bungalows, a type of good class bungalow (GCB), are few and far between given their limited number, reported The Wall Street Journal...

Continue Reading17 Mar 2016

Colombian city wins LKY prize

Medellín, Colombia’s second largest city, has been named a 2016 recipient of the Lee Kuan Yew World City Prize, said the Urban Redevelopment Authority (URA)...

Continue Reading17 Mar 2016

Developer sales down almost 23% from year ago

New private home sales in Singapore fell by 22.8 percent to 301 units in February 2016, from 390 units in the same period last year, according to URA data...

Continue Reading16 Mar 2016

Economists cut growth forecast for Singapore economy to 1.9%

Economists polled by the Monetary Authority of Singapore (MAS) are cutting down their growth forecast for the economy for 2016 from 2.2 percent to 1.9 percent, the central bank's latest quarterly survey revealed Wednesday (16 March).

Continue Reading16 Mar 2016

REDAS names new chief

Keppel Land group’s former General Manager, Joseph Tan Tai Chiew, will become CEO of the Real Estate Developers’ Association of Singapore (REDAS) on 1 May...

Continue Reading16 Mar 2016

High-ranking civil servant joins CoAssets

Colonel Lawrence Lim Teng Chye, Singapore’s Ex-Chief of Artillery, is set to join CoAssets as Chief Operating Officer. The crowdfunding company is also looking to expand into Australia...

Continue Reading15 Mar 2016

Temasek overtakes GIC as Singapore's biggest property firm

Temasek Holdings has been named the biggest real estate firm in Singapore, with total assets under management at US$39.9 billion, according to the latest Estates Gazette ranking...

Continue Reading15 Mar 2016

MAS, China central bank renew bilateral currency swap arrangement

The Monetary Authority of Singapore (MAS), and the People's Bank of China (PBOC) on Tuesday (15 March) announced the renewal of the existing bilateral currency swap arrangement (BCSA) for another three years.

Continue Reading15 Mar 2016

Pinnacle@Duxton prices unlikely to climb much higher

The Pinnacle@Duxton in Tanjong Pagar has recorded three transactions of above $1 million so far this year for its 5-room flats, similar to the four deals recorded in Q1 2015...

Continue Reading15 Mar 2016

2 in 3 divorcees allowed to buy new flats

National Development Minister Lawrence Wong replies to a query in parliament on the number of divorcees purchasing or renting HDB flats in recent years...

Continue Reading15 Mar 2016

900 families got a third HDB loan in 2015

The Housing and Development Board (HDB) granted a third housing loan to around 900 families last year, according to National Development Minister Lawrence Wong...

Continue Reading15 Mar 2016

Buyers falling victim to rogue property agents in Malaysia

To earn more money, some unscrupulous property agents in Malaysia are quoting a higher asking price than the seller’s actual selling price, according to a recent opinion piece...

Continue Reading15 Mar 2016

JLL remains top in the region, data shows

For the fifth year in a row, JLL has been named the top real estate investment advisory firm in the Asia Pacific region, based on Real Capital Analytics data...

Continue Reading14 Mar 2016