A joint venture between Malaysia’s GuocoLand and its Singapore cousins at Hong Leong Holdings placed the sole bid in a government tender for a residential plot in the northern part of Singapore’s Ang Mo Kio area, with the low-ball S$486.8… Read More>>
Singapore Private Home Prices Jump 3.2% in Q1, Up 28% Since 2020
Singapore private housing prices rose for a 12th straight quarter during the period from January through March, with the cost of buying a new home jumping 3.2 percent from the final months of 2022, according to preliminary government statistics released… Read More>>
Singapore New Home Sales Up 9.9% in February, Driven by Terra Hill Launch
Developers sold 432 new private homes in Singapore last month, up from 393 units transacted in January but down from 542 that changed hands a year earlier, according to data from the Urban Redevelopment Authority.
February’s 9.9 percent monthly rise,… Read More>>
Singapore Releases New Residential Sites as Housing Market Stays Hot
The Singapore government on Tuesday released two residential development sites capable of delivering a total of 1,540 private homes, as officials look to boost housing supply in a city-state reeling from runaway housing prices.
In a set of coordinated moves,… Read More>>
Singapore Private Home Sales Bounce Back but Remain Below 2022 Levels
Developers sold 391 homes in Singapore last month, more than doubling the 170 units transacted in December but still lower than the January 2022 total, according to data from the Urban Redevelopment Authority.
Sales of new private homes (excluding executive… Read More>>
Singapore Private Home Sales Hit Nearly 14-Year Low Amid Launch Lull
Developers sold a mere 170 new private homes in Singapore last month, the lowest monthly tally since 108 units were transacted in January 2009, according to government data released Monday.
The anaemic sales figures, which were updated by the Urban… Read More>>
Singapore Home Price Growth Slows to 0.2% in Q4 as Market Cools
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>>
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