Urban Redevelopment Authority

The Urban Redevelopment Authority (URA) is Singapore's land use planning and conservation agency. URA’s multi-faceted role includes being the main government land sales agent.

See below for the Latest URA News, Analysis, Profit Results, Share Price Information, and Commentary. 

Cooling measures hit China homebuyers’ sentiment

It will take two years before China’s homebuying sentiment returns to normal.

Buyer demand for private homes down in Q4 22

New cooling measures led to the slowdown of price growth in the final quarter.

Private residential home prices up by 8.4% in 2022

However, it is a decrease from last year due to a decline in sales.

Marina Gardens site to attract not more than 5 developers

Huttons Asia sees it will attract a top bid between $1,250 and $1,350.

Bukit Timah Link, Hillview Rise sites attracted developers amidst high interest rates

An analyst said these sites have lower risks and costs involved.

Analysts explain increase of private home prices in Q3 22

Home prices grew 3.8% from 3.5% in the previous quarter.

Private residential prices rise 3.8 YoY in Q3: URA

The increase was higher than URA’s initial estimate of 3.4%.

New home sales more than double in September

This was linked to two new mass market projects – Lentor Modern and Sky Eden@Bedok. 

Price increase in OCR driven by new home sales: property experts

Private home sales prices rose 3.4% in the latest flash sales.

Abundant land supply, high interest rates trigger lower bids for Lentor sites

Property experts warned of heightened macroeconomic challenges.

Lentor sites received only 5 bids: URA

Public tender closed four months after it was launched.

Quiet developer sales expected in August due to Lunar 7th month

The market rebounded in July, increasing 70.9 month-on-month.