Singaporeans now make up the majority of buyers for luxury homes priced $5 million and above. From July to September 2025, locals bought 130 of 171 big-ticket homes in the Core Central Region (CCR). Prices and sales volume both climbed sharply, supported by strong household cash positions, low interest rates and a stable Singapore dollar. […]
Singapore is reviewing the en bloc sales framework under the Land Titles (Strata) Act. The current rules require 80 percent consent for developments 10 years and older, and 90 percent for those under 10 years. The Ministry of Law says proposals for reform will be announced when ready. The review comes after discussions involving Neptune […]
Singapore’s luxury property segment continues to draw strong buying interest in 2025, highlighted by a recent S$20 million transaction at Sculptura Ardmore. The 3,229 sq ft, four-bedroom unit on the 31st floor achieved S$6,193 per square foot, placing it among the highest psf deals this year. This marks the fifth non-landed residential sale above S$6,000 […]
October turned out to be one of the busiest months for developers in recent years. New home sales (excluding ECs) hit 2,424 units, a level not seen since November 2024. This is roughly nine times higher than September and 224% more than the same month last year, based on URA’s latest numbers. With this surge, […]
The Sen, a new 99-year leasehold condo in Upper Bukit Timah, moved 80 out of 347 units during its launch weekend, translating to 23% sold at an average of S$2,358 psf. It’s the last project to launch this year and sits off Jalan Jurong Kechil in District 21. The development has 80 Prestige units in […]
Perennial Holdings has put the former Caldecott Broadcast Centre site up for sale at more than $350 million, five years after buying it for $280.9 million. The company is shifting its focus toward healthcare and assisted-living developments. The 752,014 sq ft plot can potentially be redeveloped into more than 60 bungalows, but carries constraints such […]
The first Government Land Sale (GLS) site under the Urban Redevelopment Authority’s (URA) new Newton master plan has attracted strong developer interest, pulling in eight competitive bids when the tender closed on November 11. HH Investment, a Singapore-incorporated firm believed to be linked to Taiwan’s Huang Hsiang Construction Group, topped the tender with a $566.29 […]
Official Public Launch on Oct 25IOI Properties will officially launch the first phase of W Residences Marina View on 25 October 2025. The Malaysian developer is releasing 100 units for sale out of the total 683-unit luxury development, with prices starting from S$3,230 per square foot (psf). These initial units span the 16th to 20th […]
Private home sales fell sharply in September, with developers moving just 255 units (excluding executive condominiums). This marks an 88.1% drop from August and a 36.4% decline compared to the same period last year. The slowdown wasn’t surprising, as it coincided with the Hungry Ghost Festival — a traditional lull period for property launches and […]
Penrith, the first new private residential launch in Queenstown since 2018, sold 447 out of its 462 units over the weekend — a 97% take-up rate. The average price achieved was around S$2,800 per square foot (psf). The project sits in the city-fringe Rest of Central Region (RCR) and was developed by Hong Leong Holdings, […]
