General Property News

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Seller’s stamp duty hike will curb short-term speculation; market effect likely minimal: Analysts

The Singapore government has rolled out fresh changes to the Seller’s Stamp Duty (SSD) to discourage short-term property speculation. These updates are aimed at cooling speculative activity without shaking the broader housing market, which analysts say is still largely driven by genuine owner-occupiers. From July 4, 2025, residential properties sold within four years of purchase […]

URA Launches Three Prime Residential Sites for Tender in Dorset Upper Thomson and Telok Blangah 1

URA Launches Three Prime Residential Sites for Tender in Dorset, Upper Thomson, and Telok Blangah

The Urban Redevelopment Authority (URA) has released three residential sites for sale under the first half of the 2025 Government Land Sales (GLS) programme. Located in Dorset Road, Upper Thomson Road (Parcel A), and Telok Blangah Road, these sites could yield a total of 1,765 private homes. Site Details and Development Potential Dorset Road Site […]

Loyang Valley Enbloc

Loyang Valley Makes Third Collective Sale Attempt with Lower Reserve Price of $880 Million

Loyang Valley, a sprawling 362-unit condominium in Changi, is making its third bid for a collective sale — this time with a more realistic reserve price of $880 million. The new price is $100 million lower than its previous attempt in 2022, reflecting current market conditions and seller expectations. Why the Lower Price? According to […]

CDL to Sell Majority Stake in South Beach Office Complex for 834 Million to Cut Debt

CDL to Sell Majority Stake in South Beach Office Complex for $834 Million to Cut Debt

City Developments Limited (CDL) has agreed to sell its 50.1% stake in the South Beach mixed-use project to its partner, Malaysia’s IOI Properties Group (IOIPG), for approximately $834.2 million. This deal values the entire South Beach complex at around $2.75 billion, representing a 3% premium over the latest valuation of $2.67 billion as of December […]