Property Auctions

More prime residential properties going up for auction

The hike in mortgagee listings for residential properties was attributed to higher interest rates, last year’s cooling measures and the subdued rental market...

Continue Reading • 17 Apr 2019

Condo listings under mortgagee sale up in Q1

Residential listings under mortgagee sale continue to make up the bulk of total mortgagee listings...

Continue Reading • 3 Apr 2019

Auction sales slumped 46.5% to $55.3m in 2018

Despite this, buyers are more discerning and cautious after the cooling measures, and they will likely seek auctions for good buys in the market, said an analyst...

Continue Reading • 7 Mar 2019

Property auction sales hit 7-year low

The overall value of properties that were successfully sold via auction nearly halved from $101.5 million in 2017...

Continue Reading • 21 Dec 2018

Property auction sales down 33% in Q2

Singapore’s auction market registered a total sales value of $19.64 million during the second quarter of 2018, down 33 percent...

Continue Reading • 30 Jun 2018

En bloc fever spreads to property auction market

Investors are apparently searching for homes in the auction market that can be sold in future for a good profit via collective sale, according to a report released today...

Continue Reading • 29 Mar 2018

How bridging loans can help en bloc sellers

Owners of residential projects sold in the current en bloc hype are being advised to quickly secure a replacement property with the help of bridging loans, as housing prices continue to recover...

Continue Reading • 20 Mar 2018

Sentosa Cove penthouse up for auction

A two-level penthouse on the sixth storey of The Berth by the Cove will be placed under the hammer on 28 February at The Amara Hotel Singapore, revealed Edmund Tie and Co...

Continue Reading • 5 Feb 2018

Sentosa Cove condo sold at $6.6m loss

A condominium unit at Seascape @ Sentosa Cove was auctioned off at a $6.6 million loss when a Singaporean buyer bought it for just $6.2 million...

Continue Reading • 5 Apr 2017

Property auction sales up significantly in Q4

Property auction sales for the fourth quarter of 2016 exceeded expectations, with total sales at $47.2 million, or 51 percent of this year’s tally, said property consultancy JLL...

Continue Reading • 15 Dec 2016

Property auction sales surge in Q4

Property auction sales in Singapore gained momentum during the last quarter of 2016, with transaction volume reaching $44.02 million even before the end of October, revealed a JLL report...

Continue Reading • 31 Oct 2016

More homes on auction in Q2: report

The number of residential properties put up for auction increased by 21.2 percent quarter-on-quarter to 103 units in Q2 2016, according to a Knight Frank report...

Continue Reading • 3 Aug 2016

Property auction sales up 134% in Q2

Total auction sales increase by a whopping 134.3 percent to $13.76 million in Q2 2016 from $5.87 million in Q1 2016, even as auctions still take place in the final week of June, revealed a JLL report...

Continue Reading • 29 Jun 2016

More new homes being auctioned off

Data from property consultancy JLL revealed that a higher number of newly built and uncompleted houses have been placed on the auction block so far this year, media reports said...

Continue Reading • 10 May 2016

Factory auctioned for $820,000

A total of eight properties were submitted for sale at a JLL auction held last Thursday (24 March) at The Amara Hotel, of which only one property was sold by mortgagee sale...

Continue Reading • 30 Mar 2016

Mortgagee listings surge on the back of staff cuts: DTZ

The economic slowdown and soft leasing market has led to staff cuts, which caused some affected homeowners to have difficulty financing their mortgages...

Continue Reading • 18 Feb 2016