Developers are bidding more actively because new home sales have been strong through the year, borrowing costs have eased, and supply in key locations has tightened. This combination gives developers confidence that demand will stay healthy, which encourages them to secure land before prices move further. The tender for the Bedok Rise plot highlights this […]
The latest Government Land Sales tender at Bedok Rise closed with a surprising level of interest. Ten developers put in bids for this residential plot next to Tanah Merah MRT station. This was far above the three to seven bids that analysts had expected earlier in the week. Allgreen Properties, part of the Kuok group, […]
URA released three residential sites on Nov 26 under the second half 2025 Government Land Sales programme. These plots sit at Dairy Farm Walk, Tanjong Rhu Road and Dover Drive. Together, they can supply around 1,630 new homes and form part of the 4,725 units placed on the confirmed list. Home buying demand has stayed […]
Starpoint, a freehold residential development in Pasir Panjang, has been sold for S$55.3 million to Stalford International Education. The buyer is well known for operating tuition centres, enrichment programmes and international schools. This move is strategic, as the group plans to redevelop the site into either a hotel, student hostel or serviced apartment, subject to […]
Singapore will see a smaller pipeline of private condo launches in 2026. After a strong 2025 that pushed new home sales to a four year high, developers are expected to release fewer projects and fewer units in the coming year. According to OrangeTee’s 2026 outlook report, the number of new private condominium launches, excluding executive […]
Singaporeans now make up the majority of buyers for luxury homes priced $5 million and above. From July to September 2025, locals bought 130 of 171 big-ticket homes in the Core Central Region (CCR). Prices and sales volume both climbed sharply, supported by strong household cash positions, low interest rates and a stable Singapore dollar. […]
Singapore is reviewing the en bloc sales framework under the Land Titles (Strata) Act. The current rules require 80 percent consent for developments 10 years and older, and 90 percent for those under 10 years. The Ministry of Law says proposals for reform will be announced when ready. The review comes after discussions involving Neptune […]
Singapore’s luxury property segment continues to draw strong buying interest in 2025, highlighted by a recent S$20 million transaction at Sculptura Ardmore. The 3,229 sq ft, four-bedroom unit on the 31st floor achieved S$6,193 per square foot, placing it among the highest psf deals this year. This marks the fifth non-landed residential sale above S$6,000 […]
October turned out to be one of the busiest months for developers in recent years. New home sales (excluding ECs) hit 2,424 units, a level not seen since November 2024. This is roughly nine times higher than September and 224% more than the same month last year, based on URA’s latest numbers. With this surge, […]
The Sen, a new 99-year leasehold condo in Upper Bukit Timah, moved 80 out of 347 units during its launch weekend, translating to 23% sold at an average of S$2,358 psf. It’s the last project to launch this year and sits off Jalan Jurong Kechil in District 21. The development has 80 Prestige units in […]
