Residential Property
Savills cuts 2025 sales forecast to $20b with market in flux
Savills cuts 2025 sales forecast to $20b with market in flux
The downgrade follows a 47.3% QoQ drop in private sector investment sales.
Buyers undeterred by Aurelle of Tampines EC launch price
This could also bode well for upcoming executive condominium projects.
Bloomsbury Residences projects positive outlook amidst cautious market
It has already sold 25% of its 358 units at an average price of $2,474 psf.
One Marina Gardens sells 37% of units on launch weekend
Most units sold were the one- and two-bedroom unit types.
Suburban leasehold condos logs decade-high price growth: Savills
The top five private residential projects recorded price appreciation of 50% to 60%.
SC Capital Partners acquires 165-room hotel in Kagoshima, Japan
The asset will be rebranded as an Oriental Express hotel.
IREIT Global secures building permit for Berlin Campus upgrade
The first phase of the upgrade is set to be completed in 2027.
Kingsford Development acquires Lentor Gardens site for $429m
The tender closed on 3 April.
GLS sites draw interest with MRT access and unit potential
The three plots are expected to yield around 575, 380, and 420 units respectively.
URA and HDB open tenders for 3 residential plots
The sites are located at Lakeside Drive, Dunearn Road, and Woodlands Drive 17.
Thakral Corporation says no final decision on GemLife IPO
There is no certainty that GemLife will proceed with any transaction.
Private home prices inch up in Q1 amidst new launches
Despite firm price growth, overall private home sales (excluding ECs) fell by 11.2% QoQ to 6,085 units.
HDB resale deals dip in March as buyers turn to private market and new launches
Sellers are also cautious about raising prices amidst softer demand.
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.
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