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>>
Singapore Private Home Prices Up 3.5% in Q2 as Housing Market Surges
Prices of private homes in Singapore rose by 3.5 percent in from April through June, compared with the first three months of the year, accelerating from first-quarter growth of 0.7 percent, according to figures released Friday by the Urban Redevelopment… Read More>>
Singapore Home Prices Rise 3.2% in Ninth Straight Quarter of Growth
Singapore home prices rose at a faster pace in the three months ending 30 June to record their ninth consecutive quarter of growth as tight supply met rising demand fueled by border reopening and builders passed along rising construction costs.
Singapore Includes Bukit Timah Residential Site, Marina South Project in Land Sale Schedule
Singapore’s Urban Redevelopment Authority is including a residential site in Bukit Timah on a confirmed list of six sites to be put on the auction block in the second half of this year as authorities move to replenish the city’s… Read More>>
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