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.
How Champions Way and Lorong 1 Toa Payoh GLS sites will attract buyers
Property analysts said sales will be driven by pent-up demand for new homes.
How Champions Way and Lorong 1 Toa Payoh GLS sites will attract buyers
Property analysts said sales will be driven by pent-up demand for new homes.
Private house prices rise 3.3% in 1Q23
The Q1 figure is an increase from the 4Q22 growth of 0.4%.
Private houses' price index climbs by 3.2% to 194.6 in 1Q2023
But sale transaction volume fell by 38%.
Parry Avenue attracts healthcare providers amidst demand for private elderly care
A total of four bids were received with one tenderer putting in two bids.
URA, MoH receive 4 tender submissions for Parry Avenue site
The tender for the site closed on 21 March.
URA launches Jalan Tembusu site for lease
An estimated 840 units can be made on the site.
New home sales soar 130.3% MoM in January
A total of 391 units were sold during the month.
Private home price growth eases to 8.6% in 2022
In 2021, prices increased by 10.6%.
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.
EC popularity remained strong amongst homebuyers in November
More than 100 units were sold in November.
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.
URA unveils winners of Hillview Rise and Bukit Timah Link sites bids
The tenders for the sites closed on 3 November.
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%.
Commentary
It’s high time for property developers to implement effective anti-money laundering requirements
Transforming the Retail Horizon: Experiential Retail and Digitalisation key in driving post-pandemic growth
The Impact of the ABSD rate hike and property buyer tax on real estate investments