Property Market Latest News

Get Daily Property News in Singapore, News Powered by Singapore PropertyGuru

Top award for PropertyGuru Group

PropertyGuru Group's online service to its customers and agents was recognised at a global awards ceremony in London last week. Asia's leading property portal group collected a silver award in the Best Online Service category, beating entrants from around the world to leading accolade. The...

Continue Reading1 Dec 2014

UOL Group to open new mall in Paya Lebar

The largest mall in the Paya Lebar precinct, OneKM (pictured) will open its doors tomorrow, Sunday (30 November), UOL Group said in a statement to the media. According to the group, the official opening will be attended by Member of Parliament for Marine Parade GRC, Assoc. Prof. Fatimah...

Continue Reading29 Nov 2014

Asset Legend wins tender for Kovan site

Asset Legend Limited has been awarded with the tender for the residential with 1st storey commercial site at Upper Serangoon Road.

Continue Reading28 Nov 2014

Rental yield for shoebox units in suburbs reasonably high

Property analysts caution that landlords may not get the kind of rental income they expect in the near future, considering that the Urban Redevelopment Authority (URA) predicts around 11,000 shoebox units by end-2015.

Continue Reading28 Nov 2014

Upper Serangoon Road site received 11 bids

The tender for a residential with first-storey commercial site at Upper Serangoon Road received 11 bids yesterday, with Asset Legend Limited submitting the highest bid of $276.8 million.

Continue Reading28 Nov 2014

Private property prices remain high: MAS

Private property prices in Singapore have moderated but remain at an elevated level, according to Monetary Authority of Singapore (MAS)'s Financial Stability Review 2014.

Continue Reading28 Nov 2014

Domain Group, PropertyGuru form strategic partnership

Australia's Domain Group and Southeast Asia's PropertyGuru Group have signed a strategic agreement that will connect property investors in Southeast Asia interested in the Australian residential and commercial property markets.

Continue Reading27 Nov 2014

2014 "most dismal year since 2008"

As 2014 nears its end, developers are likely to time the launch of their projects to avoid the year-end lull period.

Continue Reading27 Nov 2014

Vacancy may rise to 10%; govt should intervene: REDAS

Vacancy rate of private homes could reach up to 10 percent due to the upcoming supply of 68,000 new units over the next few years, according to Chia Boon Kuah, President of the Real Estate Developers' Association of Singapore (REDAS).

Continue Reading27 Nov 2014

16,900 new flats expected in 2015

HDB plans to launch a total of 16,900 new flats next year, spread across four quarterly BTO exercises, including 4,000 two-room flats.

Continue Reading26 Nov 2014

Sengkang, Tampines bus interchanges to be expanded

The Sengkang and Tampines Bus Interchanges will be expanded to add parking bays for another 12 buses each, and both interchanges will still operate as usual while undergoing expansion works.

Continue Reading26 Nov 2014

T House awarded for creative design

The ninth President's Design Award honoured three designers, and 11 design projects and products for their design excellence and creative innovation in Singapore.

Continue Reading26 Nov 2014

HDB debuts housing project in Tampines North

HDB has released 7,568 flats for sale under the November 2014 Build-To-Order (BTO) cum Sale of Balance Flats (SBF) exercise.

Continue Reading25 Nov 2014

Collective sale for Derby Court

The 12-storey Derby Court development in Novena is being marketed for a collective sale with an indicative price of $68.2 million.

Continue Reading25 Nov 2014

Prices of 2 Sentosa condos reduced by $1,000 psf

Two apartments at Turquoise, a luxury condominium in Sentosa Cove, have entered the market at low prices that could result in losses of nearly $3 million each.

Continue Reading25 Nov 2014

More repossessed homes up for auction

Singapore's weak property market saw the number of homes put on auction by banks increase significantly.

Continue Reading24 Nov 2014

31% of private home in Q3 sold for less than $1 million

Only 777 non-landed units were sold below $1 million in Q3 2014, mainly located in suburban areas, dropping from the 41 percent of non-landed units transacted below $1 million in Q2.

Continue Reading24 Nov 2014

Eye on Geylang: Defying reputation

Geylang is fast transforming into a favourable city fringe area as it continues to attract developers, homebuyers and investors.

Continue Reading24 Nov 2014

Sentosa to study possible revamp

Sentosa is expected to undergo major redevelopment plans over the next five years, but the residential enclave will not be affected.

Continue Reading24 Nov 2014

City-state is 4th best place to work

Singapore has been ranked as the fourth best city in the world to work by global business talent in a survey conducted by Insead, the world's largest graduate business school.

Continue Reading21 Nov 2014