Residential Property
Singapore home prices rise 4.7% in Q1
Singapore home prices rise 4.7% in Q1
                                                                                                 
                        
                          Prices increased by 3.8%, placing Singapore 27th out of 55 global markets tracked in the report.
                    
                                        
                    
                COTD: Demand for new flats rises
                                                                                                 
                        
                          This may be attributed to generous grants and subsidies.
                    
                                        
                    
                HDB resale prices to rise 4–5.5% in 2025
                                                                                                 
                        
                          In Q2, resale prices rose 0.9% QoQ and 8% YoY, marking the 21st consecutive quarter of price growth.
                    
                                        
                    
                COTD: Landed transactions slightly dip in Q2
                                                                                                 
                        
                          It is still above the past three-year quarterly average of 389 units.
                    
                                        
                    
                Singapore private leasing rises 2.8% in Q2
                                                                                                 
                        
                          About 21.3% of units in non-landed developments completed since Q3 2024 had been leased.
                    
                                        
                    
                Older buyers, HDB resales to fuel 2025 private home demand: Savills
                                                                                                 
                        
                          Sales drop to lowest quarter in over four years on fewer launches.
                    
                                        
                    
                PropNex doubles H1 net profit to $42.26m on higher revenue
                                                                                                 
                        
                          It has proposed a cash dividend of 5 Singaporean cents per share.
                    
                                        
                    
                Tuan Sing swings to H1 profit on $19.2m
                                                                                                 
                        
                          Revenue fell 34% YoY to $70.3m due to muted operational performance across its core business segments.
                    
                                        
                    
                Ascott signs deal to manage five-star hotel in Johor Bahru
                                                                                                 
                        
                          It will offer 207 rooms and target both short- and long-stay travellers.
                    
                                        
                    
                169 million dollar HDB flats sold in July
                                                                                                 
                        
                          This represents 6.6% of the total resale volume in the month.
                    
                                        
                    
                Singapore developers seen holding back on land bids
                                                                                                 
                        
                          Some may form joint ventures for big projects to cut risk.
                    
                                        
                    
                CDL takes top bids for Senja Close and Woodlands Drive 17
                                                                                                 
                        
                          The two land parcels are for the development of Executive Housing Condominiums.
                    
                                        
                    
                COTD: Landed home prices dip below $2,000 psf in Q2
                                                                                                 
                        
                          This was a 0.9% decrease quarter-on-quarter.
                    
                                        
                    
                Over 900 units across three residential sites sold on launch weekend
                                                                                                 
                        
                          Promenade Peak in Zion Promenade moved 331 units out of 596 (56%).
                    
                                        
                    
                Shophouse outlook softens amid investor pushback on valuations
                                                                                                 
                        
                          Sales for 2025 are projected to hit between S$700m and S$800m.
                    
                                        
                    
                Singapore’s luxury home market remains strong in H1
                                                                                                 
                        
                          131 luxury non-landed homes were sold in H1 2025, 33.7% higher than in H2 2024.
                    
                                        
                    
                
                                
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
						
				
                
                
                
                
                
                
                
                
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