Singapore Property Market News

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80% monthly rise in April home sales

Sales of new private homes climbed more than 80% during April 2015 from last month, and also rose 47% compared with the same month last year, according to official data from Singapore's Urban Redevelopment Authority.

Continue Reading15 May 2015

URA calls for ideas for ‘forgotten spaces’

The Urban Redevelopment Authority is calling for ideas on how to transform underused or overlooked pockets of public spaces such as forgotten backlanes, hidden laneways and

Continue Reading15 May 2015

CapitaLand wins BCA UD Mark Platinum Awards

Property giant CapitaLand clinched two Building and Construction Authority of Singapore (BCA) Universal Design Mark Awards (UD Mark) of the highest Platinum standard for the d’Leedon

Continue Reading15 May 2015

A new home for big-budget buyers

It may not be currently featuring on the radar for many overseas property buyers and investors, but the Spanish city of Barcelona is fast earning a reputation as being a big budget destination for property investors looking for something special.

Continue Reading15 May 2015

PropertyGuru launches Agent Performance Insights report

Asia's leading online property group, PropertyGuru Group on Wednesday launched its “Agent Performance Insights” (API) report, directly addressing a market gap for a “Big Data model” which provides property agents specific recommendations on how to improve sales performance. “This comes at a...

Continue Reading14 May 2015

Westwood Residences unveils lower prices for units

Westwood Residences, a 480-unit executive condominium (EC) development in Jurong West has unveiled an indicative price of S$800 psf, down six percent compared to the price of

Continue Reading14 May 2015

Luxury prices fell 12.6% y-o-y in Q1

Prices of luxury residential property in Singapore were noted as being the worst performing of the 35 global cities monitored by real estate firm Knight Frank in its latest Prime Global Cities Index.

Continue Reading14 May 2015

Indonesia to allow foreign buyers

Overseas property buyers and investors may soon be able to purchase apartments throughout Indonesia, according to a government statement issued on Wednesday, although no timeline was indicated.

Continue Reading14 May 2015

Malaysia showcase to tempt buyers

A property exhibition organised by real estate firm Savills and featuring six Malaysian residential and commercial properties is set to take place in Singapore this weekend.

Continue Reading14 May 2015

Penang in the exhibition spotlight

Penang will be in the property spotlight in Singapore this weekend with the launch of the final tower at Eastern & Oriental’s (E&O) 18 East at Andaman seafront development.

Continue Reading14 May 2015

Senior appointments at Knight Frank

Knight Frank Singapore appoints Deputy Group Managing Director and promotes Ian Loh to Executive Director...

Continue Reading13 May 2015

Pressure mounts as developers compete with home sellers

Mounting inventory of unsold units and more resale transactions will place pressure on developers to cut prices...

Continue Reading13 May 2015

Experts warn against flipping Iskandar homes

Singaporeans are advised to only shop for Iskandar property if their pockets are deep enough to withstand a down market...

Continue Reading13 May 2015

When it all goes wrong

Even the most experienced overseas property investor can make bad investment decisions. 'Gemma' shares her story of one such investment that has left her stressed, sleepless and in debt.

Continue Reading13 May 2015

What defines luxury property?

What qualifies as “luxury” in the residential property sector differs significantly from market to market, in terms of both price and characteristics of a home. What does "luxury" mean to you?

Continue Reading13 May 2015

UK Vote: Buyers' benefit

British buyers of overseas property have seen an immediate benefit from the election of the Conservatives to power last week that caused its currency, Pound Sterling, to bounce back against major overseas currencies

Continue Reading13 May 2015

Govt: Beware oversupply in Iskandar

Beware of future property oversupply in Iskandar and the potential decline in prices, warns Minister Lawrence Wong...

Continue Reading12 May 2015

Fewer private homes sold for over $1.5m

The number of residential units sold for more than $1.5 million in 2014 was 42.4 percent down from 2013...

Continue Reading12 May 2015

2,051 households booked subsidised BTOs

Of the total, 1,721 households booked 4-room BTO flats for less than $250,000...

Continue Reading12 May 2015

Property outlook remains muted: developer

Frasers Centrepoint will continue to participate in the Singapore residential market, but selectively and opportunistically...

Continue Reading12 May 2015