Residential Property
MND and HDB allocate $165m to fund upgrading projects for 36,000 households
MND and HDB allocate $165m to fund upgrading projects for 36,000 households
                                                                                                 
                        
                          The ministry has selected 17 projects for upgrading.
                    
                                        
                    
                Warburg Pincus expands Japan presence with two April acquisitions
                                                                                                 
                        
                          The firm announced that its joint venture with Eastgate Group had acquired the Shinagawa Seaside West Tower.
                    
                                        
                    
                King Wan Corporation bags $40.4m new contracts in Q1 2025
                                                                                                 
                        
                          The projects are set to be completed in 2028.
                    
                                        
                    
                Lentor Gardens site seen as low-risk despite attracting just two bids
                                                                                                 
                        
                          The site drew a top bid of $429.23m ($9,903 per square metre of GFA) from Kingsford Huray Development Pte Ltd.
                    
                                        
                    
                Real estate investment sales sink 41.1% QoQ in Q1 2025
                                                                                                 
                        
                          Year-on-year, investment sales grew 16.6%.
                    
                                        
                    
                HDB resale price growth decelerates; experts predict slower 2025
                                                                                                 
                        
                          Despite the slowdowns, the HDB resale price index rose by 1.5% QoQ in Q1 2025.
                    
                                        
                    
                Property sales strong despite price moderation: analysts
                                                                                                 
                        
                          The private residential property index rose by 0.6% QoQ, following a 2.3% increase in the previous quarter.
                    
                                        
                    
                Keppel sells Palm City development stake for $141.4m
                                                                                                 
                        
                          It is expected to result in net divestment profit of around $55m for Keppel.
                    
                                        
                    
                Ho Bee Land drops acquisition bid for Australia’s AVJennings
                                                                                                 
                        
                          AVJ has accepted a competing binding offer.
                    
                                        
                    
                Private residential property prices inch up by 0.6 in Q1
                                                                                                 
                        
                          This marks a slowdown from the 2.3% increase in the previous quarter.
                    
                                        
                    
                HDB resale prices up 1.5% in Q1
                                                                                                 
                        
                          This is slower growth compared to the 2.6% rise in Q4 2024.
                    
                                        
                    
                Wee Hur completes 37.1% stake disposal for $319.8m
                                                                                                 
                        
                          It now holds a 13% indirect interest in each of the Target Group Trusts.
                    
                                        
                    
                Condo resale prices up 5.8% in Feb 2024
                                                                                                 
                        
                          A $15m unit in Yong An Park was the month’s most expensive condo resold.
                    
                                        
                    
                243 Alexandra Road building launched for sale at $68m
                                                                                                 
                        
                          It sits on a 14,753 sq ft site and offers a gross floor area of 36,883 sq ft.
                    
                                        
                    
                Luxury home sales rise in value with fewer deals
                                                                                                 
                        
                          The growth was largely driven by big-ticket landed home sales—particularly Good Class Bungalows.
                    
                                        
                    
                Senja Close EC site could draw up to $235m bid: analysts
                                                                                                 
                        
                          The site is expected to yield about 295 residential units and is the first EC plot in the area.
                    
                                        
                    
                HDB launches sale site at Senja Close under GLS Programme
                                                                                                 
                        
                          The tender for the sale will close at noon on 5 August.
                    
                                        
                    
                
                                
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
						
				
                
                
                
                
                
                
                
                
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