Flash data showed that Singapore’s private home prices rose 1.1 percent in the second quarter of 2024, easing from 1.4 percent growth in the first three months of the year as transaction volume remained flat, according to the Urban Redevelopment… Read More>>
Singapore to Release Development Sites for 5,050 Homes in Second Half of 2024
Singapore on Tuesday announced a second-half confirmed list of the Government Land Sales programme that would bring total supply in 2024 to 11,110 private homes, representing the most supply introduced in a single year since 2013.
The confirmed list comprises… Read More>>
Wing Tai Places $343M Top Bid for Luxury Site in Singapore’s River Valley
A luxury residential site in Singapore’s posh River Valley area drew two bids in a tender that closed Wednesday, including the top offer of just under S$464 million ($343.6 million) from developer Wing Tai Holdings, according to an announcement by… Read More>>
Singapore Home Sales Slip 27% to Lowest in Three Months as Launch Schedule Slows
New private home sales in Singapore fell 27 percent in May to their lowest level in three months, according to data released by the Urban Redevelopment Authority on Tuesday.
Excluding executive condos, sales dipped from 301 units in April to… Read More>>
Singapore’s URA Launches Trio of Sites to Supply 1,915 Homes
Singapore’s Urban Redevelopment Authority on Thursday released three residential sites under the Government Land Sales programme, as the campaign to replenish the city-state’s housing supply kicks into high gear.
The sites at Dairy Farm Walk and Tengah Garden Avenue in… Read More>>
Singapore’s URA Launches Tenders for Pair of Residential Sites
Singapore’s Urban Redevelopment Authority on Thursday released two residential sites under the Government Land Sales programme, including the first plot to be used entirely for long-stay rental apartments, as the city-state seeks to boost the supply of living spaces.
The… Read More>>
UOL, CapitaLand JV Places $597M Top Bid For Singapore Luxury Site
A government land sale has once again fallen short of expectations as a residential plot in one of Singapore’s most expensive residential districts drew a top bid representing a one-third discount from 2018 pricing for the location.
UOL Group, along… Read More>>
Singapore Developer Home Sales Drop 66% and More Asia Real Estate Headlines
Singapore’s sagging housing market leads Mingtiandi’s headline roundup today as homebuyer activity drops by two-thirds in the Lion City. Hong Kong’s CK Asset also makes the list as it slashes prices on some homes by a third and Guangdong-based developer… Read More>>
China Vanke to Exit Non-Core Ventures and More Asia Real Estate Headlines
The ongoing challenges facing China Vanke lead Mingtiandi’s May Day collection of real estate headlines as the mainland giant tries to reassure investors of its path to profitability. Also in the news, negative equity mortgage hit a 20-year high in… Read More>>
Singapore Site Tender Triggered One Week After CDL-Mitsui Awarded Neighbouring Plot
Less than a week after a joint venture between City Developments Ltd and Mitsui Fudosan of Japan captured a residential project in Singapore’s upscale District 10 with a below-market bid, an unnamed developer has made an offer on an adjacent… Read More>>
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