Singapore is set to auction off 29 percent more industrial land in the first half of 2024 in its biggest offering of shed sites in a decade, although experts anticipate tepid bidding amid a slowing market.
In releasing its sale… Read More>>
Singapore Cues Up Sites for 5,450 New Homes in Biggest Land Sale Plan Since 2013
Singapore has cued up the city-state’s biggest housing pipeline in more than a decade with the Urban Redevelopment Authority (URA) on Wednesday announcing plans to sell sites capable of yielding up to 5,450 new private homes during the first half… Read More>>
URA Launches Pair of Western Singapore GLS Sites to Supply 1,065 Homes
Singapore’s Urban Redevelopment Authority on Tuesday released two residential sites for sale in the city-state’s western region as officials aim to ramp up housing supply under the Government Land Sales Programme.
The plots at Clementi Avenue 1 and Pine Grove… Read More>>
Singapore Ramps Up Housing Supply With Biggest Land Sale Plan in a Decade
Singapore on Wednesday unveiled plans to put up for sale eight residential sites in the second half of the year as part of the government’s plan to boost private home supply and tame a red-hot housing market.
Under the confirmed… Read More>>
Singapore’s Shenton House Fails to Receive a Bid and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the en bloc tender of central Singapore’s Shenton House closes without a bid, while two more residential sites in the city-state’s Lentor area are released for sale by the government.
Shenton House Sale… Read More>>
Daiwa House Industry Checks Out of Resorts and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Japanese developer Daiwa House Industry sells its resort hotel business, and mainland power couple Celine and Gordon Tang buy more shares of Singaporean builder Chip Eng Seng.
Daiwa House Industry… Read More>>
Singapore Boosts Land Supply by 17% to Tame Rising Housing Prices
After seeing housing prices rise in defiance of escalating interest rates and punitive stamp duties, Singapore authorities have announced plans to sell more housing sites during the first half of 2023 than in any period over the past decade.
In… Read More>>
First Residential Plot in Singapore’s Marina South Expected to Sell for Up to $880M
The first residential site to be auctioned off in the southernmost portion of Singapore’s Marina Bay financial district may fetch bids as high as S$1.2 billion ($880 million), even as escalating costs and interest rates may limit developer participation, according… Read More>>
ESR Wins Logistics Site in Hong Kong’s Kwai Chung With $668M Bid
ESR has acquired its second project ever in Hong Kong, having shouldered aside two competing bids to secure a logistics site at the city’s Kwai Chung container port for nearly HK$5.26 billion ($668.7 million), according to an announcement made late… Read More>>
Tender for $140M Project in Hong Kong’s Mid-Levels West Closes Friday
A government tender for a residential site on Hong Kong Island is set to close this Friday, giving developers an opportunity to build a housing project worth up to HK$1.1 billion ($140.1 million) in the Mid-Levels West area above Sheung… Read More>>