Singapore Property Market News

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High Speed Rail delay unlikely to impact Singapore-Malaysia ties

The decision to defer the construction of the Singapore-Kuala Lumpur High Speed Rail (HSR) until May 2020 is unlikely to cause a strain between the relationship of both countries...

Continue Reading24 Oct 2018

Whistler Grand to launch at $1,380 psf on average

CDL opened its latest residential project Whistler Grand for preview last Saturday (20 Oct). Located along West Coast Vale, overlooking Bukit Timah Nature Reserve...

Continue Reading23 Oct 2018

HDB shortfall up 44.4% to $1.7b

The Housing and Development Board’s (HDB) net deficit jumped 44.4 percent to about $1.72 billion in fiscal year 2016/2017 compared to $1.19 billion a year ago...

Continue Reading23 Oct 2018

Sentiment among property developers down on July cooling measures

Property cooling measures announced in July have dampened sentiment in the property market, with the Real Estate Sentiment Index (RESI) falling sharply to 4.0 in Q3 from 6.6 in Q2...

Continue Reading23 Oct 2018

Spanish Village in second en bloc sale attempt for $882m

Despite failing to entice any buyers during its first en bloc attempt in June 2018, owners of Spanish Village have relaunched their property for collective sale at the same indicative price...

Continue Reading22 Oct 2018

Bukit Sembawang Wins Best Luxury Condo Development Award

An oasis in the heart of Singapore’s upscale Orchard Road, set to become an iconic landmark of residential splendour surrounded by greenery...

Continue Reading22 Oct 2018

Kent Ridge Hill Residences opens for preview this weekend

Kent Ridge Hill Residences, a 548-unit residential project at South Buona Vista Road, will open for preview this weekend (20 Oct)...

Continue Reading19 Oct 2018

Qingjian Realty scoops Singapore’s Best Developer Award

Soaring architectural beauties; innovative and smart lifestyle developments that inspire luxury city living with incredible leisure facilities...

Continue Reading19 Oct 2018

Some private condos may become pricier due to new URA rules

A real estate industry body believes that private condos in some parts of Singapore could become more expensive after the government raised the average unit size...

Continue Reading19 Oct 2018

URA limits number of private condos outside central region

The Urban Redevelopment Authority (URA) changed the formula for determining the maximum number of units that developers can build in new non-landed residential projects...

Continue Reading18 Oct 2018

Serangoon Gardens house up for sale at $11.5m

A single-storey detached house at 18/20 Berwick Drive has been launched for sale with a price tag of $11.5 million, or $1,085 psf, revealed marketing agent Savills Singapore...

Continue Reading18 Oct 2018

Sept private home sales buoyed by new launches

The recovery of private home sales in September could be due to more developments being launched that may have spurred demand, according to a new report from OrangeTee & Tie...

Continue Reading17 Oct 2018

St Francis Court up for en bloc sale

St Francis Court, an 11-storey residential tower at 90 Saint Francis Road, is up for collective sale, with the owners expecting offers above $95 million, revealed marketing agent ERA Realty...

Continue Reading17 Oct 2018

Buyers of two freehold condos still waiting on completion despite 2016 TOP

Two freehold condominiums in Singapore should have been completed in 2016, but until now buyers are still awaiting their completion, reported the Straits Times...

Continue Reading16 Oct 2018

New private home sales up 51% in Sept

Private home sales rose 51 percent in September as developers launched new projects following the Hungry Ghost month and as buyers recover from the impact of recent curbs...

Continue Reading16 Oct 2018

Morgan Stanley expects home prices to increase amidst curbs

Despite the new housing curbs, Morgan Stanley expects home prices in Singapore to increase by up to 10 percent by end-2019 and to double by 2030, reported Bloomberg...

Continue Reading15 Oct 2018

Only top 5% of earners can afford landed homes

Only the top five percent of earners in Singapore or professionals like financial directors, specialist medical practitioners, lawyers and CFOs can afford landed properties in the city-state...

Continue Reading15 Oct 2018

Smarter and niche developments impress at annual PropertyGuru Asia Property Awards (Singapore)

An elite roster of winning properties and developers took the stage at the 8th annual PropertyGuru Asia Property Awards (Singapore) gala dinner...

Continue Reading13 Oct 2018

PropertyGuru names first female Singapore Real Estate Personality of the Year

A relative newcomer in Singapore’s dynamic real estate scene, Celine Tang was chosen by PropertyGuru Property Report magazine to receive the award...

Continue Reading13 Oct 2018

MAS checking impact of new property curbs

After the government imposed a “decisive set of measures” on 6 July, the Monetary Authority of Singapore (MAS) is keeping a close watch on the private residential sector...

Continue Reading12 Oct 2018