Residential Property
Condo resale prices up 5.3% in May
Condo resale prices up 5.3% in May
                                                                                                 
                        
                          
A $9m unit at Wing On Life Garden was the month’s most expensive resale.
                    
                                        
                    
                Tender for Dunearn Road residential site closes
                                                                                                 
                        
                          A Frasers-led consortium submitted the highest bid.
                    
                                        
                    
                Capitaland debuts LyndenWoods in Singapore Science Park
                                                                                                 
                        
                          Unit prices start from $2,200 psf.
                    
                                        
                    
                Master Plan draws support for mixed-use, transport-linked growth
                                                                                                 
                        
                          These locations are expected to see strong demand due to their accessibility and prestige
                    
                                        
                    
                URA launches three residential sites for sale
                                                                                                 
                        
                          These form part of the 5,030 residential units in the H1 2025 GLS programme.
                    
                                        
                    
                Developers expected to bid up to $1,300 psf for GLS plots
                                                                                                 
                        
                          Huttons noted that the upcoming land supply in more coveted areas may prompt some developers to sit out these tenders.
                    
                                        
                    
                Capitaland to build Singapore Science Park's first residential development
                                                                                                 
                        
                          The property comprises 343 units across two 24-storey towers.
                    
                                        
                    
                Far East Orchard closes $166m UK student housing fund
                                                                                                 
                        
                          Institutional investors contributed 63.5% of the total.
                    
                                        
                    
                Property agent client satisfaction hits record high in 2024
                                                                                                 
                        
                          Agents who interact directly with clients give a more favourable impression.
                    
                                        
                    
                New home sales fall 53% in May amidst launch slowdown
                                                                                                 
                        
                          The weak showing was largely due to the near absence of new launches—only 20 units came to market in May, compared to over 1,300 units in April.
                    
                                        
                    
                HDB to extend Parenthood Provisional Housing Scheme until December
                                                                                                 
                        
                          Eligible families will receive $300 per month on a reimbursement basis.
                    
                                        
                    
                New private home sales fall 53% in May amidst pause in launches
                                                                                                 
                        
                           Just 312 units (excluding executive condominiums) were sold, down nearly 53% from April’s 663 units.
                    
                                        
                    
                COTD: Foreign home purchases dip slightly in May
                                                                                                 
                        
                          Five foreigners bought units in One Marina Gardens.
                    
                                        
                    
                Government maintains high land supply with 2H GLS launch
                                                                                                 
                        
                          The GLS programme remains elevated compared to previous years, despite a slight dip from 1H 2025.
                    
                                        
                    
                GLS Programme to offer 9,200 homes in H2 2025
                                                                                                 
                        
                          It features 10 sites on the Confirmed List and 12 on the Reserve List.
                    
                                        
                    
                Arina East Residences sells 10 units in launch weekend
                                                                                                 
                        
                          The freehold status of the development was cited as an important factor for long-term buyers. 
                    
                                        
                    
                HNW families diversifying into global real estate: report
                                                                                                 
                        
                          Many families are acquiring properties near universities in Australia, the UK, and Canada to accommodate children studying abroad.
                    
                                        
                    
                
                                
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
						
				
                
                
                
                
                
                
                
                
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