Singapore Property Market News

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JLL hires new Singapore research head

JLL has appointed Tay Huey Ying as its new Head of Research for Singapore, effective immediately. The change comes amid the firm's significant growth in Southeast Asia...

Continue Reading1 Mar 2016

Still too early to remove cooling measures: Wong

It is premature to lift Singapore’s property cooling measures as it could undo the government’s efforts to make home prices affordable, said Lawrence Wong...

Continue Reading1 Mar 2016

Completed condo prices up 0.1%

Prices of completed condominiums edged up by 0.1 percent in January 2016 compared to the previous month, according to the latest NUS price index...

Continue Reading1 Mar 2016

Yangon looks to rebound in 2016

Yangon’s budding real estate market is expected to show moderate growth in 2016 as it recovers from the uncertainty of last year, according to media reports...

Continue Reading1 Mar 2016

Govt cuts development charges amid soft market

The development charge (DC) rates paid by developers to enhance a site or build bigger projects on them were revised by the Ministry of National Development (MND)...

Continue Reading29 Feb 2016

5-room Bidadari flats more than 75 times oversubscribed by 2nd timers

As at 29 Feb, the 236 five-room and 3Gen flats at Alkaff Oasis in Bidadari have emerged as the most popular units in the February Build-To-Order (BTO) exercise...

Continue Reading29 Feb 2016

Wandervale EC more than 40% oversubscribed

The 534-unit executive condominium (EC) project at Choa Chu Kang received 750 e-applications, said its developer Sim Lian Group in a statement...

Continue Reading29 Feb 2016

Median household income on the rise

Singapore’s median monthly household income from work rose to $8,666 in 2015 from $8,292 in the previous year, revealed data published by SingStat...

Continue Reading29 Feb 2016

UOB suing over inflated housing loans

Singapore’s High Court has allowed United Overseas Bank (UOB) to proceed with legal action against multiple parties over inflated loans for 38 units at a Sentosa condo...

Continue Reading29 Feb 2016

Tanah Merah site awarded

The URA has awarded the tender for a residential site at New Upper Changi Road/Bedok South Avenue 3 (Parcel B) to CEL Residential Development...

Continue Reading29 Feb 2016

5 tips when navigating Singapore’s property market in 2016

Property developers are bracing for a tougher market ahead as many unsold units remain, while tenants are calling the shots amid a weakening rental market...

Continue Reading29 Feb 2016

UOL reports 43% profit drop, no condo launches in 2016

Singapore-listed UOL Group, a major player in the local property market, reported a 43 percent slump in net profit to $391.4 million for the 2015 financial year...

Continue Reading26 Feb 2016

Riverbank @ Fernvale – an unbeatable choice

Strategically located at Sengkang West Way, the 555-unit condominium development by UOL Group comprises a good mix of one- to five-bedroom units...

Continue Reading26 Feb 2016

Oxley launches final phase of London project

Oxley Holdings will launch the final phase of its Royal Wharf waterfront township development in London to Singaporean buyers next weekend...

Continue Reading26 Feb 2016

Third mixed development in Yishun launched

As a sign of developers’ confidence in the growth potential of Yishun, a new mixed-use development comprising residential and commercial units will be launched soon...

Continue Reading26 Feb 2016

Govt may ease property measures this year, says CDL’s Kwek

Some of the property cooling measures may be eased this year, in light of the sizeable upcoming supply, according to comments made by a Singapore developer...

Continue Reading26 Feb 2016

S’pore still top city for Asian expats, but haze worries persist

The city-state scored highly in several categories, like housing, personal security as well as diversity in culture and language, revealed the latest report from ECA International...

Continue Reading26 Feb 2016

Borey Penghuoth sweeps inaugural Cambodia Property Awards

The inaugural Cambodia Property Awards were held last night at Sofitel Phnom Penh Phokeethra, where leading property players around the world were recognised at a black-tie gala dinner and awards ceremony.

Continue Reading26 Feb 2016

Ho Bee suffers $34.7m impairment loss from Sentosa condo stake

The Singapore-listed property developer reported a 23 percent slump in full-year net profit to $242.2 million from 2014. The group foresees a challenging year ahead...

Continue Reading25 Feb 2016

URA launches site in Sembawang

A 99-year leasehold residential site at Jalan Kandis in Sembawang, which could yield 110 units, was launched for sale this morning (25 Feb) by the URA...

Continue Reading25 Feb 2016