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 Land Group (SingLand), in collaboration with its parent company, UOL Group, has applied to rezone a portion of Marina Square, one of Singapore’s mixed-use developments, from “hotel” to “residential with commercial at the first storey.” This rezoning proposal hints at potential future residential units within Marina Square. SingLand is expected to intensify developments on […]

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 […]

Despite the recent Additional Buyer’s Stamp Duty (ABSD) rate hikes, private home sales in Singapore hit a 7-month high in April. According to data from the Urban Redevelopment Authority (URA), property developers sold 1,473 private residential units last month, exceeding market expectations. The surprising sales figures demonstrated the resilience of the market despite the significant […]

Located a few minutes away from the airport and the Singapore Central Business District, Paya Lebar Green would form part of Paya Lebar Precincts ongoing transformation into a vibrant business centre. While it will continue to serve as Certis corporate headquarters, growing into a leading innovator and technology-enabled provider in APACs security and facilities management, […]