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Property News

Bringing You The Latest Property News In Singapore

The M Condo Preview

Indicative prices for studio units start from just below $1 million, from $1 million for one-bedders, $1.1 million for one-bedroom plus study, $1.3 million for two-bedders, $1.6 million for the two-bedders plus study, and from $2 million for the three-bedroom dual-key...

Crowd at Parc Canberra’s preview allays fears of Wuhan virus-effect

As the number of confirmed cases of the Wuhan coronavirus spiked over the past week, some property developers in Singapore with new residential projects ready for launch after the Lunar New Year, mulled over whether to go ahead or to wait. “A property developer can’t...

Hong Leong sells 20 units at The Avenir on launch weekend

The Avenir, one of the first new project launches of 2020, sold 20 out of 40 units released over the weekend of Jan 11-12, according to Hong Leong Holdings in a release at 6pm on Sunday, Jan 12. Seven out of the 20 units sold were premium, four-bedroom apartments with...

Parc Canberra EC Launches At $1,080 Psf On Average

Parc Canberra, a 496-unit executive condominium (EC) project along Canberra Link, opened its sales gallery on 31 January, with average unit price pegged at about $1,080 per square foot (psf). Online applications for units will close on 10 February, while bookings will...

Private Residential Market To Remain Stable, Redas

Despite the uneven new home sales performance across different projects and segments, Real Estate Developers’ Association of Singapore (Redas) president Chia Ngiang Hong expects the private residential market to remain stable in line with economic fundamentals,...

Private Home Prices Up 2.7% In 2019

The private homes prices in Singapore rose 2.7% in 2019, down from the 7.9% hike previously registered in 2018, according to the latest private home price index by the Urban Redevelopment Authority (URA) on Thursday (23 January). On a quarterly basis, private home...

New private home sales up almost 15%, thanks to HDB upgraders

Developers had a bit more reason to cheer last year than in 2018, thanks in part to Housing Board upgraders. Owners selling up in the public housing sector to buy in the private market gave a much-needed boost to sales numbers. There were 10,104 units shifted in 2019...

Foreign Buyers Show Resilience In The Luxury Condo Market

The cooling measures implemented in July 2018 may have lowered general home-buying demand, but foreigners appear to have been more resilient towards high-end condos, reported The Business Times, based on a report by ERA Research and Consultancy. The ERA report, which...

Hong Kong residents eye apartments overseas as protests drag on

HONG KONG (BLOOMBERG) - Residents of Hong Kong are hunting for homes all over the world as tense anti-government protests look set to drag into the new year. Real estate brokers from Australia to Canada have seen a surge in interest over the past few weeks,...

Ultra-luxury River Valley condo opens for previews

Previews start for the ultra-luxury Avenir condominium in the prime River Valley area at 6pm today. The freehold complex will have 376 units across two 36-storey towers, with two levels of basement parking, a 50m lap pool, a hydrotherapy pool and a bicycle park, among...

Private home prices set to grow 2%: Fitch

Singapore private residential prices are projected to grow by around 2 per cent next year and in 2021, according to Fitch Ratings. The trajectory is about the same as this year's, and down from last year's nearly 8 per cent growth. "We expect home price growth to...

Asia-Pacific real estate to draw more investors

Investment in Asia-Pacific real estate hit US$125 billion (S$169 billion) in the first nine months this year, up 10 per cent year on year, with a strong 2020 forecast. Mr Stuart Crow, JLL's chief executive officer of capital markets in Asia-Pacific, said: "Over the...

Changing tides of foreign buying

Changing tides of foreign buying

IN RECENT months, foreigners' purchases of luxury condo units in Singapore, including penthouses, have made headlines in an otherwise subdued market. Yet, current foreign buying levels - in the year to date - are low compared with their peak years of 2007 and 2011,...

URA draft master plan: More housing planned for CBD, Marina Bay area

URA draft master plan: More housing planned for CBD, Marina Bay area

SINGAPORE: More homes will be built in the central business district (CBD) and Marina Bay area, the Urban Redevelopment Authority (URA) said on Wednesday (Mar 27). Under its Draft Master Plan 2019, which includes plans to rejuvenate the central area, URA said it will...

216 units at Sengkang Grand Residences sold over launch weekend

216 units at Sengkang Grand Residences sold over launch weekend

216 of the 280 units released for sale at Sengkang Grand Residences were sold at the launch weekend, said co-developers CapitaLand and City Developments Limited (CDL) on Sunday. The units at the 99-year leasehold development were sold at an average price of around...