Topic of Interest: #SRXSingapore (576 Articles Found)

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New prime HDB model to have little impact on private market: analysts

The new prime-location public housing (PLH) model is likely to have little impact on private residential demand, analysts say. This is because the two serve different market segments. Christine Sun, OrangeTee & Tie’s senior VP of research and…

Jervois Mansion’s good takeup shows growing interest in CCR projects, say analysts

Buyers are eyeing the CCR as suburban prices catch up, according to analysts. The sentiment was seen after low-rise residential enclave Jervois Mansion moved 104 apartments out of the 105 put up for sale at a median price…

The red-hot bungalow market: who’s buying and selling in 2021

1) For sale: Second Ave & Caldecott Hill Estate bungalows owned by OK Lim; 2) Bought: Third Ave GCB purchased by Razer CEO Tan Min-Liang; 3) Sold: Two adjacent Cluny Road GCBs owned by Kim Eng Securities’ Ronald…

Portfolio of 9 villas at Oei Tiong Ham Park for sale at S$100 million guide price

Wywy Group is selling its portfolio of nine villas at Oei Tiong Ham Park Residences with a guide price of between S$8 million and S$13 million per unit, or about S$100 million collectively, said CBRE on Thurs. The…

Frasers’ Parc Greenwich EC another test of OCR demand

Frasers Property’s latest EC project may offer another test of demand for OCR properties. The pricing attention comes as in July, the launch weekend of Pasir Ris 8 condominium saw six rounds of price increases in a single…

Hougang BTO flats draw more than 10,000 applicants; all seven projects oversubscribed

Bigger BTO flats in the non-mature estates of Hougang and Jurong East were more oversubscribed than those in mature estates in HDB’s third sales exercise of the year. Home seekers made a beeline for the four-room flats in…

CDL looks to launch nearly 2,000 units in 4 Singapore projects

City Developments (CDL), has a launch pipeline here of nearly 2,000 housing units for sale in four upcoming launches. First off will be the 696-unit CanningHill Piers, the residential component of a mixed-use project on the former Liang…

Demand for Sentosa Cove bungalows mirrors buzz in luxury housing market

The buzz in the luxury housing market on mainland Singapore seems to be extending to the Sentosa Cove bungalow market. A total of 14 villas have been sold YTD in the waterfront housing district, exceeding the 13 deals…

Hottest new launches in Singapore 2021

1) Canninghill Piers – It is the latest mixed-use development after the successful collaboration between CDL and CapitaLand. CanningHill Piers is inspired by its unique location facing Fort Canning Hill and beside the Singapore River; 2) Amber Sea…

Pasir Ris 8 sells 85% of units at up to S$2,000 psf; developer confirms ‘several’ price reviews

Condominium Pasir Ris 8 has sold 415 units or 85 per cent of the total inventory of 487 apartments over its launch weekend, developer Allgreen Properties disclosed in response to queries from BT on Sun. Prices for the…

Singapore’s ‘nouveau riche’ drum up luxury home demand in first half of 2021

Demand for luxury and prime-area private housing picked up in the first half of this year, reflecting the gains from the nouveau riche in the finance, technology and pharmaceutical sectors, analysts said. Based on current numbers, some analysts…

Four-bedroom unit at Shun Tak’s Les Maisons Nassim sold for S$39m

A four-bedroom unit at Shun Tak Holdings’ luxury 14-unit Les Maisons Nassim at Nassim Road was snapped up in early May for S$39 million, or S$5,930 psf. The 6,577 sqft unit, which appears to be the first transaction…

Is luxury property Eden the last of its kind?

Amid the strong performance of the Singapore private residential property market this year, a deal that stood out was the purchase by the Tsai family of Taiwan, who are behind snack food giant Want Want China Holdings, of…

Good Class Bungalows on a roll – H1 deals soar to S$1.4 billion

The Good Class Bungalow (GCB) market is on a roll. List SIR’s analysis of URA Realis caveats data shows that year to date (with the latest transaction dated June 18), there have been 50 deals in GCB Areas…

Who will win the Marina View white site?

On Mon, URA launched the tender for a white site in Marina View. BT reported on June 18 that an entity linked to Bursa Malaysia-listed IOI Properties Group has been tipped as the party that triggered the site.…

IOI Properties said to have triggered Marina View plot

An entity linked to IOI Properties Group has been tipped as the party that triggered the white site in Marina View from the reserve list of the first-half 2021 GLS programme. The Marina View land parcel is beside…

New launches, looser Covid-19 restrictions may boost new home sales ahead: analysts

Developers in Singapore sold nearly 30 per cent fewer private homes in May compared with Apr, with sales dampened by stricter safe-distancing measures meant to curb rising Covid-19 cases here, as well as fewer launches. But analysts expect…

Million-dollar HDB flats: Half of S’pore’s 24 towns have them, including Hougang, Geylang and Ang Mo Kio

While The Pinnacle @ Duxton is arguably the “poster boy” for million-dollar HDB flats in Singapore, such flats are not exclusively located in the central area. Half of Singapore’s 24 HDB towns are home to million-dollar HDB flats,…

Increased supply of private homes on confirmed sites a calibrated move as developers seek land

The bump in the supply of private housing on the Confirmed List under the H2 2021 GLS Programme is a calibrated move by the government – one that will nonetheless be welcomed by developers hungry to replenish their…

87 million-dollar HDB flats sold in first five months of 2021 in new high

A total of 87 HDB flats have changed hands for at least $1 million in the first five months of the year, surpassing the 82 units sold for at least that amount in the whole of 2020. So…

Telok Blangah 4-room BTO flats see overwhelming demand; over 28 first-time applicants for each unit

Home seekers made a rush for the four-room BTO flats in Telok Blangah, contributing to one of the highest application rates in recent years. This comes even as these flats are the most expensive units in HDB’s sales…

Good Class Bungalow prices keep rising

Prices in Good Class Bungalow (GCB) Areas continue to rise – fuelled by strong demand from well-heeled Singaporeans, low interest rates and the scarcity of properties available for sale, especially brand-new bungalows near the Botanic Gardens. A local…

Demand for luxury penthouses holds steady despite pandemic

Despite the pandemic and ongoing border closures, demand for penthouses has proven firm, with nine transactions so far this year.While the recent surge in the number of community cases is a temporary setback, demand for luxury homes could…

Small can be beautiful in Singapore condo land

In 2012, the then-president and CEO of CapitaLand Liew Mun Leong spoke out against shoebox units terming them “almost inhuman”. Shoebox units typically refers to apartments of less than 50 sqm or 538 sqft. URA has over the…

Cambodian-Chinese pair pays S$33.5 million for Hilltops penthouse

SC Global Developments has sold another penthouse at its Hilltops condo in Cairnhill Circle, this time for S$33.5 million or S$3,995 psf on a strata area of 8,385 sqft. It is being bought by Chen Liangbin, a Cambodian…

HK’s Shun Tak to launch debut Singapore residential project

Shun Tak Holdings’ maiden residential development in Singapore, Park Nova, could gain traction with well-heeled buyers – especially from North Asia – as the project readies for launch amid improving sentiment. Located in prime District 10, the super…

Buyer from Fujian pays S$39.3m for Sentosa Cove villa

Buyers from China’s Fujian province continue to acquire Singapore property. One of the latest deals involves a sea-facing bungalow in Sentosa Cove that is being bought for slightly over S$39.33 million. The price works out to nearly S$2,012…

Who can afford to pay $138 million for this Marina Bay super penthouse?

A panoramic view of the iconic MBS and CBD could well be the most pricey amenity in Singapore real estate. A collection of five penthouses, put up for sale recently at Marina Bay Residences with an indicative price…

More condo and HDB units rented out in December: SRX

The rental volume for both HDB flats and condominium units went up in Dec as more overseas Singaporeans and long-term pass holders returned to Singapore. Condo leasings rose 5.3 per cent last month to an estimated 4,414 units,…

82 HDB resale flats sold for at least $1m in 2020 as overall prices, sales rise: SRX

The number of HDB resale flats sold for at least $1 million hit a new high last year amid a strong showing by the market despite the Covid-19 pandemic, according to flash data from SRX released on Thurs.…

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