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URA chief executive officer Lim Eng Hwee

Singapore Home Sales Plunge 83% in December, Full-Year Tally Hits 15-Year Low

2024/01/15 by Beatrice Laforga Leave a Comment

Singapore new private home sales plunged 83 percent to 135 units in December from the 784 units transacted the previous month, posting the lowest monthly sales recorded in the city-state since the 2007-08 global financial crisis.

The year-end holidays and… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore Home Prices Climb 2.7% in Q4 on Launch of Luxury Projects

2024/01/02 by Beatrice Laforga Leave a Comment

Private home prices in Singapore rose by 2.7 percent in the final three months of 2023, compared to the preceding quarter, as slower sales allowed a few luxury project launches to skew a government price index higher, while growth for… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore Home Sales Nearly Triple in November as Buyers Snap Up Surge in Supply 

2023/12/15 by Beatrice Laforga Leave a Comment

Singapore private home sales nearly tripled to 784 units in November as a trio of condo launches helped snap three straight months of declining housing deals.

Developers’ home sales, excluding subsidised executive condos, jumped 286 percent last month from the… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore Cues Up Sites for 5,450 New Homes in Biggest Land Sale Plan Since 2013

2023/12/06 by Beatrice Laforga Leave a Comment

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>>

A Wanda Mall in Nanchang

Zhuhai Wanda Seeks to Delay Hong Kong IPO and More Asia Real Estate Headlines

2023/11/28 by Ponrath Sopannarath Leave a Comment

Wang Jianlin’s Dalian Wanda Group leads today’s roundup of real estate news from around the region, as the mall developer struggles to get creditors to agree to a delay in its Hong Kong IPO. Also in the headlines, a pair… Read More>>

Xian Yang Wong of Cushman & Wakefield

Social Club in Singapore’s Bukit Timah to Make Way for More Housing

2023/11/21 by Beatrice Laforga Leave a Comment

A private club in Singapore’s upscale Bukit Timah area is set to make way for more housing in one of the city-state’s most exclusive districts, once its lease expires in three years, as the government continues to expand housing supply.

… Read More>>

URA Chairman Peter Ho Hak Ean

Singapore Adds Two Residential Sites to Land Sale Plan and More Asia Real Estate Headlines

2023/11/17 by Ponrath Sopannarath Leave a Comment

Authorities in Singapore are ready to keep pouring more homes into the city-state’s housing market with two more sites added to the government land sale plan this week. Also in the news today, UBS predicts another 10 percent drop in… Read More>>

Lim Eng Hwee URA

Luxury Site in Singapore’s Orchard Area Could Sell for 37% Off 2018 Prices

2023/10/18 by Beatrice Laforga Leave a Comment

Singapore’s cooling property market may be denting demand even for sites in some of the city’s most exclusive districts, with analysts predicting that a newly launched project in the Orchard Road area could sell for up to 37 percent below… Read More>>

christine sun orangetee

Singapore Home Sales Lowest in Nine Months as Developer Inventories Swell

2023/10/16 by Beatrice Laforga Leave a Comment

Singapore’s housing market continued to slow in September with private home sales plunging by 45 percent from the 394 units sold a month prior, falling to a nine-month low of 217 units as developers were seen holding back project launches… Read More>>

Court Approves Sunac’s $10.2B Debt Restructuring and More Asia Real Estate Headlines

2023/10/07 by Ponrath Sopannarath Leave a Comment

Sunac China Holdings could be on its way to becoming China’s first major developer to work out a debt restructuring deal with lenders, with that story leading today’s roundup of news from around the region. Also making the list is… Read More>>

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