Singapore Property

News, Resource and information of Singapore Property for Singapore property market by PropertyGuru.com.sg, Singapore’s leading property site.

Eye on Kovan: Rising star of the northeast

Located in Hougang, Kovan tends to be slightly under the radar but that is set to change with a number of upcoming developments.

Continue Reading11 Nov 2014

Lake Life EC 98% sold

The 546-unit Lake Life executive condominium (EC) sold 98 percent or 534 of its apartments on Sunday, only the second day of booking.

Continue Reading10 Nov 2014

Frasers sold Holland Park GCB for $30 million

A buyer has reportedly obtained an option to purchase a brand new Good Class Bungalow (GCB) by Frasers Centrepoint in Holland Park for around $30 million.

Continue Reading10 Nov 2014

CapitaLand's revenue down 4.3% in Q3

CapitaLand Limited's group revenue slipped 4.3 percent to $918.9 million in Q3 2014, from $960.1 million in Q3 2013, with Singapore and China accounting for 75.7 percent of revenue.

Continue Reading10 Nov 2014

Falling HDB prices led to higher EC vacancy

Falling prices in the HDB resale market has resulted in more vacant Executive Condominiums (ECs), according to Century 21's Chief Executive Ku Swee Yong.

Continue Reading7 Nov 2014

Several MCL Land projects fully pre-sold

Three condominiums by MCL Land are 100 percent pre-sold; Uber 388, Terrasse, and Ripple Bay.

Continue Reading6 Nov 2014

Roxy-Pacific records revenue growth

Roxy-Pacific Holdings Limited registered a 25 percent increase in revenue to $249.2 million for 9M 2014, from $199.4 million in 9M2013.

Continue Reading6 Nov 2014

Blackstone keen to buy residential units in S'pore

Global investment and advisory firm Blackstone is said to be doing due diligence for bulk purchases of luxury residential units in Singapore.

Continue Reading5 Nov 2014

Last quarter likely to be quiet

Prices of private residential property could show slowing declines in Q4 2014.

Continue Reading31 Oct 2014

Declining prices to continue into 2015: PropNex

PropNex predicts price decline in the private residential market will persist due to weak demand caused by various factors, such as the total debt servicing ratio (TDSR) and additional buyer's stamp duty (ABSD).

Continue Reading30 Oct 2014

"Meaningful correction" still unachieved: Tharman

The government is unlikely to relax property cooling measures any time soon, judging from Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam’s views that there is "some distance to go in achieving a meaningful correction."

Continue Reading30 Oct 2014

Resale private homes prices down in September

Prices of resale private homes in Singapore dropped in September, according to Singapore Residential Price Index (SRPI) flash estimates released on Tuesday.

Continue Reading29 Oct 2014

Rents of luxury units declining: report

The average monthly gross rents of luxury/super-luxury apartment could decline by about 5 percent for the whole of 2014.

Continue Reading27 Oct 2014

Cairnhill Mansions gives en bloc another go

The ageing Cairnhill Mansions near Goodwood Park Hotel in District 9 is expected to make its fourth attempt at an en bloc sale.

Continue Reading24 Oct 2014

Eye on Marine Parade: Reclaimed Glory

Just over 40 years ago, it would have been rather hard to imagine Marine Parade's mere existence. Built entirely on reclaimed land in the 1970s, Marine Parade was developed covering 50 hectares to house over 7,000 units of flats.

Continue Reading24 Oct 2014

Reduced BTO flats will not affect resale market: analysts

The government's plan to slash the number of Build-to-Order (BTO) flats to be launched next year will have no significant effect on the resale market as the estimated 16,000 BTO flats set to be launched in 2015 are said to be more than adequate.

Continue Reading23 Oct 2014

Developers, buyers adapting to market conditions: CBRE

Smaller homes will continue to be a preferred choice for developers and homebuyers, according to a CBRE report.

Continue Reading21 Oct 2014

Condos below $1.25mil preferred

The majority of new private home sales in the non-landed segment in H1 2014 were priced below $1.25 million, according to a study by CBRE.

Continue Reading16 Oct 2014

Luxury property sellers willing to negotiate

Several ultra-rich buyers are now starting to scour the market for bulk acquisitions of underpriced high-end residential units with potential for long-term capital appreciation.

Continue Reading16 Oct 2014

Falling property prices pose risk for economy

Although Singapore's falling construction activity is negatively affecting its economy, a sharp drop in property prices could pose a greater threat.

Continue Reading15 Oct 2014