In the fourth quarter of 2023, more than 10 private residential projects are poised to launch, offering over 3,500 housing units. Despite a decrease in homebuyer interest and persistent high financing and land costs due to cooling measures in the real estate market, industry analysts anticipate that prices will remain stable. Among these launches, five […]

Singapore is set to see the emergence of high-rise housing developments on three strategically located plots in Tanjong Rhu, a city fringe area, which experts estimate could yield over 5,000 new homes. These developments, whether public or private, have been made possible through a recent amendment to the Urban Redevelopment Authority’s (URA) 2019 masterplan. The […]

In July 2023, Housing Board (HDB) flat rents increased by 2%, marking the 37th consecutive month of rent hikes, following a 1.4% increase in June. Overall, HDB rents have risen by 24.1% between July 2022 and July 2023, based on data from real estate portals 99.co and Singapore Real Estate Exchange (SRX). Similarly, condominium rents […]

FREEHOLD Katong Shopping Centre is once again up for collective sale at its original reserve price of S$638 million, following an unsuccessful en bloc bid in May. This marks the fourth attempt by the owners to sell the property. Initially listed for sale in 2016 and 2017 at S$630 million, the current reserve price of […]

Sim Lian Group has emerged as the top bidder for the Jalan Tembusu GLS site, beating City Developments Ltd (CDL) by a mere 0.1%. The gross plot ratio for this 99-year leasehold site is set at 3.5, with a land area of 221,436 sq ft. Sim Lian’s winning bid to approximately $1,069 per square foot […]

BCA introduced a new CONQUAS banding system on 25th May 2023 to help private homebuyers make informed choices prior to their purchase and these information will be made available on BCA’s Quality Housing Portal (QHP). Under the new CONQUAS banding system, developers and builders will be assigned a rating from Band 1 (very low incidence […]

In April, there was a significant surge in new private home sales, reaching a seven-month high. This boost was primarily driven by the strong demand for two major projects located on the outskirts of the city. Interestingly, one of these projects was launched just days after unexpected property cooling measures were implemented on April 27. […]

Certis and Lendlease officially broke ground on a new Paya Lebar Green – it is designed to be one of Singapore’s most progressive, eco-friendly, smart-tech, ultra-low-energy Class-A workspaces. At the ground breaking ceremony, attended by Minister of National Development Desmond Lee, along with top executives from Certis and Lendlease, the two organisations revealed how the […]

On May 7, property developer Hup Realty announced that over 26% of The Continuum‘s units were sold on launch day at an average price of S$2,732 per square foot. The Continuum houses 816 units in total and offers a range of one to five-bedroom apartments for buyers. The quick sales reflect confidence in the real […]