Residential Property

GuocoLand to build 30-storey office tower and 200-unit living area in $1.6b Beach Road site
23 Apr 19
Guoco Midtown will be a 960,000 sqft mixed-use development.
Developers pin hopes on new projects as residential market stabilises
22 Apr 19
Upcoming launches include Avenue South Residence, Meyerhouse and 333 Thomson Road.
Chart of the day: Public property investment sales soared from $110m to $3.1b in Q1
18 Apr 19
This supported the growth of total investment sales which rose by 34% to $6.3b in Q1.
SPH buys UK student dorm portfolio for $237m
17 Apr 19
The portfolio spans three cities and has a total capacity of 1,243 beds.
Chart of the day: Auction listings skyrocketed 103.4% in Q1
17 Apr 19
Homeowners who found it difficult to dispose of properties following July's cooling measures turned to auction listings.
Secondary property sellers pressured to slash asking prices: report
17 Apr 19
NUS’ index recorded a 25.03% QoQ drop secondary sales even as prices eased 0.5%.
Property investment sales dropped 52% to $5.3b in Q1 2019
16 Apr 19
The 82% YoY drop in residential investment sales contributed the most to the decline.
New home sales ballooned 131.6% to 1,054 units in March
16 Apr 19
Ongoing projects like The Tre ver, Riverfront Residences and Parc Bottania saw strong market take-up.
4 in 5 users willing to shell out 10% more in co-living facilities
16 Apr 19
Expats with cash to burn are primarily driving demand for co-living set-ups.
Daily Briefing: Jewel Changi to open on 17 April; Median salary for PEI graduates up 3.92% to $2,650 in 2018
12 Apr 19
And Rockworth Capital Partners acquired 18% stake in ASX-listed Elanor Investors Group.
Singapore still the second priciest housing market in the world
12 Apr 19
Average property prices stand at US$874,372.
Condo rents up 1.5% in March
10 Apr 19
Leasing activities usually recover from March following the CNY lull.
Daily Briefing: CapitaLand's Ascott adds 14 new global properties; Air taxis to be trialed in southern Singapore
10 Apr 19
And data centre startup AirTrunk bags $450m to build first Singapore facility.
Co-living firm Hmlet to unveil Tanjong Pagar property in July
9 Apr 19
The property can house over 150 rooms and will feature a pool, gym and cafe.
Condo resale prices up 3.5% in March
9 Apr 19
Prices of OCR condos rose 5.1%.
High-rise residential redevelopment site Laguna Park for sale at $1.48b
8 Apr 19
Once redeveloped, the site can house over 1,700 residential units.
CapitaLand to buy Temasek's Ascendas-Singbridge shares for $6.04b
8 Apr 19
The proposed transaction is expected to boost CapitaLand’s AUM to $42b.
Middle Road site to be redeveloped into 20-storey mixed-use property
5 Apr 19
Wing Tai Holdings won the tender for the site at $491.99m.
Developers lose pricing power after en bloc fever
5 Apr 19
Prices are expected to grow 0-2% for homes on expensive land bought during the en bloc cycle.
HDB resale prices inched up 0.2% in March
4 Apr 19
Prices were down 13.7% from the peak in April 2013.
Singapore's urban future: The Draft Master Plan 2019 in photos
2 Apr 19
Facilities will be moved underground to free up 1,000ha for more parks and homes.
Daily Briefing: Luxury home prices down to all-time low at 2.9%; Taxpayer money will not be used to aid Hyflux investors
2 Apr 19
And Singapore-based offshore & marine company Swiber bags $200m from Seaspan Corporation.
Chart of the Day: Condo listings under mortgagee sales grew 26.7% in Q1
2 Apr 19
Private condo listings under mortgagee sales grew due to higher mortgage payments arising from growing interest rates.
What killed Mandarin Gardens' $2.9b en bloc deal?
2 Apr 19
Size and requirement woes plagued what could have been the largest en bloc deal in Singapore’s history.
Auction sales crashed 42.1% to $11.57m in Q1
1 Apr 19
It is attributed to buyers adopting a ‘wait-and-see’ attitude, waiting for upcoming new launches.
HDB resale prices dipped 0.3% in Q1
1 Apr 19
Leases for older flats are still falling despite the introduction of the VERS and HIP programmes.
Private home prices dipped 0.6% in Q1
1 Apr 19
Condo prices fell 2.9% in the Core Central Region.
URA tenders residential-commercial site at Tan Quee Lan Street
29 Mar 19
The site can yield up to 580 residential units.
Middle Road and Sims Drive sites sold for $492m and $383.53m
29 Mar 19
They lured 10 and five bidders respectively.
Completed condo prices down 0.5% in February
29 Mar 19
The prices of units at Central Region fell 1.5%.
Over 4 in 5 consumers satisfied with property agent services: poll
29 Mar 19
Customers were happier with agents who used three or more real estate technology tools.
Luxury site D'Grove villas up for sale at $398m
28 Mar 19
The 21-storey and 45-unit development has a site area of 50,400 sqft.
URA Draft Master Plan to boost mixed-use properties in CBD
28 Mar 19
One of the plan’s main thrusts includes injecting more homes into the CBD.
URA eyes more homes for Singapore Downtown in 2019
27 Mar 19
Its Draft Master Plan 2019 includes turning Anson Road, Cecil Street, and Tanjong Pagar into urban neighbourhoods.
930,000 HDB households to receive $132m of S&CC rebate
27 Mar 19
Eligible Singaporean households will receive 1.5 to 3.5 months of S&CC rebate, depending on their HDB flat type.
Property agents group to buy 51% stake in online platform SoReal Prop
27 Mar 19
This will benefit SEAA’s 4,700 real estate agency members.
Metro Holdings to issue $165m 4.3% notes
27 Mar 19
The net proceeds will be used to finance investments and general working capital requirements.
Frasers Property launches A$600m ‘green' loan in Australia
26 Mar 19
It will refinance an existing debt facility due in 2020.
OrangeTee & Tie partners with Helpling to enable housekeeping service booking
26 Mar 19
The partnership allows OrangeTee & Tie to become the first real estate enterprise to offer on-demand home services.
Mandarin Gardens kills second en bloc attempt amidst failure to meet 80% consensus
25 Mar 19
Only proprietors comprising 68.34% of the 1,017 units signed the deal.

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