Residential Property
Serviced apartments emerge as prime investment in Singapore: report
Serviced apartments emerge as prime investment in Singapore: report
Unlike other developed markets, Singapore’s serviced apartment sector has lagged in supply growth, despite increasing demand.
URA announces new board changes
A new chairperson and two new members were added to the board.
GuocoLand secures $367.1m green loan for Faber Walk project
The 399-unit project will span 25,795.4 sqm.
Wee Hur shareholders vote for PBSA business disposal for $319m
The company’s stake in the property will be reduced from 50.1% to 13%.
Office professionals take top spot in real estate earnings
They earn an average of $327,000 annually.
Warburg Pincus, SK D&D to invest in senior housing in South Korea
This marks the third venture in South Korea through Warburg Pincus Asia Real Estate Fund.
Lentor Central sells over 93% of launched units
The one- and two-bedroom unit types accounted for about 56% of the sales.
Aurea sells 30% of launched units
The two- and three-bedroom units account for 74% of the sales.
Developers to welcome extension on ABSD regime
This will give developers more wiggle room.
JTC extends industrial land leases to boost business growth
This will cover the development phase to ensure businesses enjoy the full 20- or 30-year lease term.
Far East Hospitality opens first ‘Quincy-curated’ serviced apartments
The 255-unit property is popular among tourists and business travellers.
Mandarin Oriental narrows net loss by 78% in FY2024
Loss for the period eased to $104.6m from $4.8b a year ago.
Mount Pleasant BTO launch to see high demand in October: analysts
The growing supply of new HDB flats could help moderate price growth in the resale market.
Ultra-rich population set to grow 9.7% by 2028: report
Luxury home prices are expected to see positive growth in 2025, supported by limited supply and strong foreign demand.
Oei Tiong Ham Park property up for sale at $42.8m
Nestled in District 10’s Oei Tiong Ham Park, the property sits within one of Singapore’s GCB areas.
Residential developers should expect ‘uneven’ sales performance this year
Data also shows that suburban projects have stronger performance versus central areas.
Gov’t announces enhancements to Silver Housing Bonus
More private property owners will qualify for the scheme.
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