Singapore Property Market News

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ECs offer good profits: report

According to an OrangeTee report, ECs are generally a profitable investment in the long run, with prices catching up with private condominiums...

Continue Reading25 Feb 2016

CDL posts record profit

Despite challenging market conditions, Singapore-listed City Developments Limited (CDL) posted a record net profit of $410.5 million for Q4 2015...

Continue Reading25 Feb 2016

Foreign buyers of UK property face overwhelming tax challenge: expert

Many property agents and developers marketing prime London homes in Singapore like to espouse the benefits of investing in the British capital...

Continue Reading25 Feb 2016

HDB launches 4,170 new flats

In the first Build-To-Order (BTO) exercise of 2016, the Housing and Development Board (HDB) launched 4,170 new flats for sale on Wednesday...

Continue Reading24 Feb 2016

Australia is the favourite among S’porean property investors

Australia, the UK and Japan have emerged as the top three destinations for Singaporeans looking to invest in overseas property, according to a survey...

Continue Reading24 Feb 2016

S’pore still top for safety, quality of life in Asia

Singapore has retained its position as the safest Asian city, and for offering the best quality of life within the region, according to Mercer’s latest survey...

Continue Reading24 Feb 2016

Top bid of $419.4m for Tanah Merah site

The highest bid was submitted by CEL Residential Development, a subsidiary of Chip Eng Seng Corporation. This translates to around $761 psf on the GFA...

Continue Reading23 Feb 2016

Singapore homes seriously unaffordable: report

According to the 12th Annual Demographia International Housing Affordability Survey, Singapore has a “seriously unaffordable” rating of 5.0...

Continue Reading23 Feb 2016

CapitaLand to launch integrated project in Orchard

CapitaLand is expected to launch an integrated development consisting of residential apartments and serviced residences in the Orchard Road district soon...

Continue Reading23 Feb 2016

Pound hits 2.5-year low against the Sing dollar

The pound sterling dropped to a fresh low against the Singapore dollar on Monday, after a prominent politician announced his support for Britain to leave the EU...

Continue Reading23 Feb 2016

Over 400 applications for Wandervale EC

The Wandervale executive condominium project in Choa Chu Kang has received more than 400 e-applications since its launch last Thursday, sources told PropertyGuru...

Continue Reading22 Feb 2016

Larger resale condos selling for less than $1m

Property buyers in Singapore are spotting private resale homes going for $1 million or less, according to media reports. And these homes are not all shoebox-size...

Continue Reading22 Feb 2016

S'pore property investments up sharply in Q4

Property investment volumes in Singapore’s residential sector rose 14.8 percent to $1.69 billion in Q4 2015 from $1.47 billion in the previous quarter...

Continue Reading22 Feb 2016

Landmark launch in Singapore

Landmark Place, the latest UK development, is hoping to attract buyers from Singapore with a property exhibition being held here next weekend...

Continue Reading19 Feb 2016

Developers call for cooling measures review amid hefty $100m charges

As at end-2015, there is a supply of more than 60,000 private housing units in the pipeline and a record 25,000 vacant units, noted Redas President Augustine Tan...

Continue Reading19 Feb 2016

Foreign student fined $40,000 for unlicensed estate agency work

A Chinese national on a student pass was fined $40,000 after he pleaded guilty to four charges of acting as an unlicensed estate agent, said the Council for Estate Agencies...

Continue Reading19 Feb 2016

PropertyGuru wins Gold for mobile app

Riding on the high smartphone adoption in Asia, PropertyGuru’s mobile app won the Gold Award for the Best Mobile App – Media Owner category at the Mob-Ex Awards 2016...

Continue Reading19 Feb 2016

Too many malls in Singapore?

According to the latest data from the government, Singapore currently has over one hundred shopping malls spread across the island. Just along Orchard Road—the country’s world-famous shopping belt—are at least 40 retail malls....

Continue Reading19 Feb 2016

Commercial property outlook 2016

With the global economy poised for a slowdown, 2016 might not be the best year for commercial real estate. We take a closer look at the office and industrial segments, and give you the Guru View.

Continue Reading19 Feb 2016