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Boon Keng 5-room HDB flat sells for record

The 39th-floor unit at City View @ Boon Keng went for $1,205,000 – $5,000 more than the previous record for a HDB resale set by a 5-room flat in Boon Tiong Road, in Tiong Bahru, in April. Despite that record price, HDB resale prices in July decreased by 0.2% from June, although the number of […]

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Temasek-Khazanah JV confirms S$1.58 billion Duo sale

M+S Pte Ltd will sell the office and retail areas of the Duo complex for S$1.575 billion, or S$2,570 per square foot of net lettable area. The sale – to Allianz Real Estate and Hong Kong private equity firm Gaw Capital Partners – comprises Duo Tower, an office block with 570,000 sq ft of prime […]

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Phoenix Road property in District 23 sold en bloc

A row of apartments and shops in Phoenix Road near Bukit Panjang has been sold en bloc for $42.6 million to CNQC Realty (Treasure), a subsidiary of developer Qingjian Realty (South Pacific) Group. The sale price is above the owners’ asking price of $42 million, and works out to an estimated land rate of $630 […]

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Wing Tai chief sells GCB for whopping $230m

The biggest Good Class Bungalow (GCB) plot on Nassim Road, at No. 33, has been sold for $230 million, setting a new record in terms of absolute transacted price. At 84,544 sq ft, it’s one of the largest freehold GCB plots on Nassim Road that remain intact today. The seller is Winright Investment, a private […]

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Cabana @ Sunrise Terrace for Sale and Rent

Cabana Cluster House (Terrace) at Sunrise Terrace Singapore District 28 ✅ Resort Living in Seletar ✅ 3-storey plus roof terrace and basement ✅ 4 bedrooms, 1 guest room and entertainment room ✅ 2 car park lots at the basement of each unit ✅ Cabana cluster homes available for sale and rent ✅ More info & floor […]

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4-rm NG HDB Flat @ Bedok North for Sale

* HDB 4-room New Generation at Blk 532 Bedok North St 3 for Sale * Located in the East Region of Singapore Near Bedok Reservoir MRT Station (DT30) Downtown Line Close to amenities like Giant, Bedok Point, Bedok Mall and East Village. Well maintenance Corner Unit 3 bedroom + 2 bathroom HDB for Sale. Tenanted […]

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Singapore private home prices climb 1.5% in Q2 to highest in at least 5 years

Private home prices in Singapore rose unexpectedly in the second quarter to hit their highest level in at least five years, with apartments around the central region and suburbs proving most popular with buyers. The private residential property index increased 1.5% to 150.8 points in the second quarter, beating an initial estimate and reversing 2 […]

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About 160 units sold at One Pearl Bank on launch weekend

CapitaLand announced that 160 units or 80% of 200 units released during the first weekend of launch, have been sold as at 5pm on Sunday, July 21. The average sale price achieved was $2,400 psf. The sales rate achieved translates to 21% of a total of 774 units in the private condo development at 1 […]

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New resale record set by DBSS unit at City View Boon Keng

For the second time this year, a unit at City View @ Boon Keng has set a new record price for a resale HDB flat in Singapore. The 1,281 sq ft, five-room unit on the 39th floor changed hands for $1.205 million ($940.7 psf) earlier this month. The transacted unit is at Block 8 Boon […]

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June sales for new condos 25.5% higher than a year ago

Last month, developers managed to sell 821 new units, excluding executive condominiums (ECs), even as only 670 new units were launched from four projects and June being a typically slow month for property sales. Analysts noted that while June’s sales was 13.8% lower from the 952 units sold in May, it was 25.5% higher compared […]

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Braving curbs, Chinese buyers lead foreign revival in Singapore’s luxury homes

Some of the Chinese investors are apparently buying into these luxury homes in the city state as a safety bet against the US-China trade war. Fresh interest is also being driven by instability in rival financial hub Hong Kong, the brokers say. Private home prices rose unexpectedly to a 5-year high in the second quarter, […]

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British billionaire snaps up Singapore’s priciest penthouse

British billionaire James Dyson, inventor of the bagless vacuum cleaner, has bought the most expensive apartment in Singapore, where his company plans to build an electric car. The three-story “super penthouse” at the top of Singapore’s tallest building was reportedly sold for S$73.8 million. The Wallich Residence penthouse sits on the 62nd to 64th floors […]

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What could be driving private home prices to an estimated five-year high?

Despite talk of a possible recession and the global economic uncertainty, private property prices in Singapore have hit a five-year high. This is based on second quarter flash estimates published on Monday (July 1) by the Urban Redevelopment Authority (URA). FACTOR 1: WEIGHT OF EN-BLOC MONIES FACTOR 2: NEW PROJECT LAUNCHES AT HIGHER PRICES FACTOR […]

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URA launches 3 residential sites under 1H2019 GLS Programme

Together, the 3 sites are expected to yield around 1,545 residential units. Launched for sale under the confirmed list, the residential with commercial at 1st storey site at one-north Gateway has an area of 5,778.7 sq m and a maximum gross floor area (GFA) of 14,447 sq m. The residential sites at Hillview Rise and […]

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Cuscaden Reserve To Preview In Q3 2019

Cuscaden Reserve, a luxury condominium project of SC Global Developments, New World Development and Far East Consortium at the heart of Orchard Road, is expected to open for private previews in the third quarter of 2019. At 117 metres tall, the 192-unit project at 8 Cuscaden Road features one-, two- and three-bedroom units, with majority […]

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Government not relaxing property cooling measures for now

There was no good news for local real estate developers and prospective property buyers at the Monetary Authority of Singapore (MAS) annual report media briefing on Thursday (June 27). When asked if the Government would, in the near future, relax the cooling measures introduced last year to the property market, MAS managing director Ravi Menon […]

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Sales of new private homes up 30% last month

The Woodleigh Residences, an earlier launch, was among top sellers last month after its median price was cut to $1,823 per sq ft (psf) from around $2,000 psf at its initial launch in November last year, analysts noted. The nine new launches accounted for 29.8 per cent of total sales last month, with two – […]

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Penthouse at 3 Orchard By-The-Park fetches $31.5 mil

A five-bedroom penthouse at 3 Orchard By-The-Park has been sold for $31.5 million. In terms of absolute price, it is the most expensive penthouse sold this year to date. The price for the 6,555 sq ft unit translates to $4,805 psf. Completed in 2017, 3 Orchard By-The-Park was designed by Italian architect and furniture designer, […]

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