Limited project launches have slowed down home sales and dampened Singapore’s housing market in the fourth quarter, causing prices for new private homes to rise by a mere 0.2 percent from the preceding three months and temper full-year price growth… Read More>>
Singapore Home Sales Hit Eight-Year Low as Stocks Dry Up
Singapore’s new private home sales dropped to an eight-year low in November as developers depleted their inventories and home prices continued to rise across the city-state.
Developers’ sales, excluding executive condominiums, fell for a second month, dropping by 17.3 percent… 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>>
Far East-Sekisui House, Bukit Sembawang Top Bidding in Muted Singapore Land Sales
A joint venture between Singapore builder Far East Organization and Japan’s Sekisui House emerged as the highest bidder for one of two residential land sales in the Lion City that closed late Thursday. Analysts, however, were quick to point to… Read More>>
Singapore’s URA Launches Residential Tenders and More Asia Real Estate Headlines
The promise of more housing in Singapore’s home-starved market leads today’s real estate news from around the region, while Macau provides a new element of risk for gambling enthusiasts as it locks down an MGM casino. Meanwhile, a pair of… Read More>>
Singapore Housing Stays Hot in Q3 With 3.8% Jump In Private Home Prices
Singapore’s housing market continues to heat up despite a challenging macroeconomic landscape, with a spike in demand for suburban housing helping to drive up private home prices at a faster than estimated 3.8 percent in the third quarter.
A final… Read More>>
Singapore Home Prices Rise For 10th Quarter Despite Tougher Conditions
Singapore’s hunger for more high-end housing drove up prices for private residences by 3.4 percent from July through September as the market posted its tenth consecutive quarter of growth with demand persisting in the face of soaring interest rates.
A… Read More>>
Redevelopment of Singapore’s Paya Lebar Could Create 150,000 New Homes
Singapore Prime Minister Lee Hsien Loong announced this past weekend that the relocation of Paya Lebar Airbase over the coming decade would pave the way for up to 150,000 new homes and allow for taller buildings in nearby towns, a… Read More>>
Singapore Private Home Sales to Slide After July Surge as Supply Dwindles
Developer sales of private homes in Singapore rose 70.9 percent to 834 units in July from 488 homes sold in June. However, the upswing is expected to be short-lived, as analysts point to shrinking inventories and a limited… Read More>>
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