News & Insights | Singapore Properties

Apr 2021

DPM Heng Swee Keat steps aside as leader of 4G team, setting back Singapore’s succession plan for next PM Source: The Straits Times, 9 Apr
HDB resale prices rise for 9th straight month in March with cash over valuation back in play Source: The Straits Times, 9 Apr
Will office assets continue to pique investor interest? Source : The Business Times, 8 Apr
Investors build up residential property portfolio in Q1 2021 Source : The Business Times, 8 Apr
Maxwell House takes 2nd stab at sale en bloc with lower reserve price of $268m Source: The Straits Times, 8 Apr
Taiwanese family wants them all in S$293m Draycott deal Source: Business Times, 7 Apr
New data centre opens in Loyang, bringing Digital Realty’s Singapore investments to $1.3b Source : The Straits Times, 7 Apr
Work on 4 MRT stations serving NTU, Jurong industrial area to start by June, contracts worth $526m awarded Source: The Straits Times, 6 Apr
Digital Realty’s third data centre offers blueprint for future data centres in Singapore Source: Business Times, 6 Apr
Grade A offices could lead recovery in Singapore office market: report Source: The Business Times, 6 Apr
URA extends Jalan Anak Bukit site’s tender deadline to June 29 Source: The Business Times, 6 Apr
New code of conduct for fair tenancy practices: What does it mean for landlords and tenants? Source: The Straits Times, 2 Apr
Cash over valuation back in the spotlight as rising property demand drives resale prices up Source: Today online, 4 Apr
Private property prices post steepest quarterly rise in almost 3 years: URA flash estimates Source: Today online, 1 Apr
Q1 home price data could offer view into prospect of cooling moves Source: The Business Times, 1 Apr
Are rising HDB prices the new normal? Source : The Business Times, 1 Apr

Mar 2021

Nanofilm founder’s wife buys Nassim Road good class bungalow for $128.8m Source: The Straits Times, 31 Mar
JTC launches Tampines North site for tender Source : The Business Times, 31 Mar
Commercial site in Little India back on market, at 22% lower asking price Source: The Straits Times, 30 Mar
Million-dollar HDB flats bank on size, views, location and bullish resale market Source: The Straits Times, 29 Mar
Million-dollar HDB flats: Who’s buying them? Source: The Straits Times, 29 Mar
LTA awards $604m contract for Hougang interchange station on Cross Island Line Source: The Straits Times, 26 Mar
Three strata commercial units in CBD up for sale via expression of interest Source: The Business Times, 26 Mar
Are buyers overpaying for freehold properties? Source: The Business Times, 26 Mar
CDL ‘confident’ about attaining master-developer status Source: The Business Times, 26 Mar
Room for growth in private home sales if foreign buyers return: CDL Source: The Straits Times, 26 Mar
S’pore eases Covid-19 rules: Experts urge caution even as more can return to workplace Source : The Straits Times, 25 Mar
S’pore inflation turns positive for first time in a year on higher food, services costs Source: The Straits Times, 23 Mar
Seven strata retail units in Orchard Rd up for sale Source: The Business Times, 23 Mar
Shophouses in Bugis and Maxwell put on the market Source: The Business Times, 23 Mar
More than 60% of units at Midtown Modern condo sold on launch weekend Source: The Straits Times, 23 Mar
Midtown Modern condo sells 90% of one-, two-bedroom units at launch Source: The Business Times, 23 Mar
Midtown Modern sees 61% of units sold over launch weekend Source: Edgeprop, 23 Mar 2021
Proxy rule for collective sales ‘is timely’ Source: The Straits Times, 16 Mar
Cloud kitchen boom serves up opportunities for industrial, retail landlords Source: The Business Times, 18 Mar 2021
Sales of distressed homes take off as demand and prices converge Source: The Business Times, 17 Mar
Singapore’s data centre market among top 10 in the world: reports Source: The Business Times, 16 Mar
Suburban malls can still thrive despite retail disruption from online shopping Source: The Business Times, 16 Mar
New home sales plunge as launches held back over CNY Source: The Straits Times, 16 Mar
New private home sales plunge 60.5% in February Source: The Business Times, 16 Mar
Property agents, condo buyers charged with intent to evade higher ABSD Source: The Business Times, 12 Mar
Managing expectations of sellers, developers not easy Source: The Straits Times, 14 Mar
5 projects granted extensions for collective sale deadlines Source: The Straits Times, 14 Mar
En bloc fever making cautious comeback in Singapore Source: The Straits Times, 14 Mar
Feb new home sales plunge 60% on lack of new launches Source: The Business Times, 12 Mar
Condo, HDB rents rise again in Feb on lower volumes Source: The Straits Times, 12 Mar
2 Tanjong Pagar shophouses up for sale Source: The Straits Times, 11 Mar
Property market froth and monetary easing hopes spill over into economist forecasts Source: The Business Times, 11 Mar
Office rents may stay lower for longer Source: The Business Times, 11 Mar
Condo resale prices in Singapore rise for seventh straight month; up 1% in Feb: SRX Source: The Business Times, 11 Mar 2021
Condo resale prices rise for 7th consecutive month in February Source: The Straits Times, 11 Mar
2 freehold residential properties near Somerset put up for sale Source: The Straits Times, 10 Mar
Kai Fook Mansion in Tiong Bahru launched for collective sale at S$123m Source: The Business Times, 9 Mar
En bloc deals: Surrey Point sold for S$47.8m; Mt Emily Rd site fetches S$18m Source: The Business Times, 5 Mar
APAC Realty on the alert for shifting regulations; eyes bigger regional presence Source: The Edge Singapore, 5 Mar
Pandemic will change S’pore’s land-use plans and designs: Indranee Source: The Straits Times, 5 Mar
Fortune Park near Kovan MRT station up for collective sale Source: The Business Times, 4 Mar
GuocoLand’s Midtown Modern to draw more families, retirees into city area Source: The Business Times, 4 Mar
Guoco Midtown’s second condo to launch in about two weeks Source: The Straits Times, 4 Mar
Industrial site in Kampong Ampat being sold for S$41m Source: The Business Times, 4 Mar
2, 4 and 6 Mount Emily Road collectively sold for $18 mil Source: Edgeprop, 2 Mar
Asia’s ultra-rich rank S’pore as region’s top pick for luxury homes Source: The Straits Times, 2 Mar
Property taxes are likely first stop for wealth tax review Source : The Business Times, 1 Mar

Feb 2021

Meeting all the needs of the country within a small city Source: The Straits Times, 27 Feb
Development charges down for commercial use, up for residential Source: The Straits Times, 27 Feb
Buying in Sentosa Cove — at a discount to luxury homes on the mainland Source: Edgeprop Singapore, 26 Feb
En bloc sale of Dublin Lodge for $67.55 mil Source: Edgeprop Singapore, 26 Feb
Developers and home buyers should remain prudent: Indranee Rajah Source: Edgeprop Singapore, 23 Feb
Bukit Sembawang gears up to launch The Atelier Source: Edgeprop Singapore, 23 Feb
Pandemic forcing relook into how S’pore is built Source: The Straits Times, 24 Feb
All property stakeholders urged to avoid stoking sentiment Source: The Business Times, 24 Feb
JTC accepts supervisory responsibility for Kranji site Source: The Business Times, 23 Feb
Still Rd hotel and residential property on Koon Seng Road up for collective sale Source: The Business Times, 23 Feb
Queen Astrid Gardens condominium relaunched for collective sale at S$123.8m Source: The Business Times, 23 Feb
Developers exploring home design tweaks to support remote working Source: The Straits Times, 20 Feb
Dover Forest opens up wider debate on land and housing Source: The Straits Times, 22 Feb
Marina Bay view could be priciest real estate feature here Source: The Straits Times, 21 Feb
Business ‘bubble’ travellers to arrive from early March Source: The Business Times, 19 Feb
Family behind Spring Court Restaurant buys Bukit Pasoh shophouse Source: The Business Times, 19 Feb
发展商销售数据与实际销量差距上季明显缩小收紧新私宅选购权书措施初见成效 Source: Lianhe Zaobao, 17 Feb
Jansen Mansion makes second en bloc attempt at lower reserve price Source: The Business Times, 18 Feb
DPM Heng flags risks of low interest rates on housing market Source: The Straits Times, 18 Feb
Built environment sector anticipating greater digitalisation and collaboration Source: The Business Times, 17 Feb
$11b to fight Covid-19; $24b to emerge stronger Source: The Straits Times, 17 Feb
Fear of missing out and talk of cooling measures nudge new home sales up 32.2% in Jan 2021 Source: The Edge Singapore, 15 Feb
Guoco Midtown to bring 30 thematic gardens into Singapore’s CBD Source: The Business Times, 15 Feb
Budget to focus on emerging from Covid-19 crisis stronger: DPM Source : The Straits Times, 16 Feb
S’pore’s GDP to grow 4-6% this year after 5.4% fall in 2020 Source: The Straits Times, 16 Feb
Strongest January private home sales in 8 years Source: The Straits Times, 16 Feb
January’s strong new home sales likely to be a one-off Source : The Business Times, 16 Feb
SRX：非有地私宅转售价连升六个月 Source: 2月10日, 联合早报
Fujian buyers cast wider net in Singapore property market Source: The Business Times, 11 Feb
More condo and HDB units leased last month as rents rise Source: The Straits Times, 11 Feb
S’pore resident population in HDB flats falls to 3.04m Source: The Straits Times, 11 Feb
More expect government intervention to cool property market Source: The Business Times, 10 Feb
Pricier, new condo launches drove resale market in January: analysts Source: The Business Times, 09 Feb
East Coast development goes on collective sale by auction – the first since 1997 Source: The Business Times, 10 Feb
En bloc deals may be back in play as developers run down landbanks Source: The Business Times, 10 Feb
Condo resale prices rise for sixth month Source: The Straits Times, 10 Feb
Household income falls for first time since 2009 Source: The Straits Times, 9 Feb
Marina Bay 24-bedroom penthouse collection for sale at S$138m Source: The Business Times, 9 Feb
Are new cooling measures coming to Singapore’s housing market? Source : The Business Times, 8 Feb
发展商土地库逐渐耗尽集售今年或重现热潮并推高房价 Source: Lianhe Zaobao, 5 Feb
Property firms face setback as workers stay away from offices Source: The Straits Times, 4 Feb
Singapore’s CBD will never be the same again Source: The Business Times, 4 Feb
Singapore to move ahead with Sora transition by year-end Source: The Business Times, 3 Feb
Singapore factory activity expands for 7th straight month Source: The Straits Times, 3 Feb
The Reef at King’s Dock sells over 90% of 300 units Source: The Business Times, 02 Feb

Jan 2021

Housing loans lift bank lending in December amid rising home prices Source : The Business Times, 30 Jan
国大预估指数：去年12月非有地私宅转售价环比升0.3％ Source: Lianhe Zaobao, 29 Jan
Prices and rents of industrial space edge up q-o-q in Q4 2020 as occupancy rate climbs Source: The Business Times, 29 Jan
Singapore investment sales poised for robust recovery in 2021 Source: The Business Times, 28 Jan
Shophouses beat slump in last year’s property investment sales Source: The Straits Times, 28 Jan
Private flat sales to foreign buyers fall to 17-year low Source: The Straits Times, 28 Jan
Property auction success rates rise in 2020 despite fewer listings: Knight Frank Source: The Business Times, 27 Jan
Fewer listings but property auction success rates up in 2020: Report Source : The Straits Times, 27 Jan
Core inflation likely to be positive this year: MAS, MTI Source: The Straits Times, 26 Jan
199-year Boat Quay shophouse up for sale for S$27m Source : The Business Times, 23 Jan
Retail rents fell 14.7% in 2020; market will remain challenging, say analysts Source: The Business Times, 23 Jan
Property consultants upbeat about Singapore office market in second half Source: The Business Times, 23 Jan
S’pore prime office rents fall at smaller rate of 3.5% in Q4 Source: The Straits Times, 23 Jan
2020 property investment up even as retail consumption slides Source: The Business Times, 25 Jan
Central-region condos drive Singapore’s private home prices to all-time high Source: The Business Times, 23 Jan
Private home sales see robust price gains in fourth quarter Source: The Straits Times, 23 Jan
Lazada/Alibaba and TikTok figure in latest office-leasing deals Source: The Business Times, 22 Jan
S’poreans expect inflation to hit 2.2% this year: Poll Source: The Straits Times, 22 Jan
Singapore boutique hotels tap on buoyant market to offload Source: The Business Times, 21 Jan
S’pore is second favourite city in Asia for investors Source: The Straits Times, 21 Jan
New CBD skyscraper ready by 2nd half of 2021 Source: The Straits Times, 20 Jan
Talk of more private property cooling measures Source: The Straits Times, 20 Jan
DBS sees ‘pre-emptive’ policy response to curb higher property prices Source: The Business Times, 20 Jan
CapitaLand’s building in CBD struggles to find tenants Source: The Business Times, 20 Jan
Did UOL underprice its Clavon launch? Source: The Business Times, 20 Jan
分析师：两部长同时喊话十分少见政府或出台新税让房地产市场降温 Source: Lianhe Zaobao, 20 Jan
Private home buyers undaunted by rise in unemployment rate last year Source: The Business Times, 19 Jan
Property developers facing better year ahead in 2021 Source: The Business Times, 19 Jan
Property market must remain stable so young S’poreans can own homes: DPM Source: The Straits Times, 19 Jan
Singapore government keeping close watch on property market Source: The Business Times, 19 Jan
Construction demand set to perk up with public sector support Source: The Straits Times, 19 Jan
New ideas sought for second CBD Source: The Straits Times, 19 Jan
Ideas for Jurong Lake District include bigger plots, signature events Source: The Business Times, 19 Jan
Singapore office rents may dip by 5% this year as WFH continues: Knight Frank Source: The Business Times, 19 Jan
Mount Emily residential block relaunched for sale with lower S$18m guide price Source: The Business Times, 19 Jan
Developers expected to continue milking positive market conditions to push new projects this year Source: The Business Times, 16 Jan
New private home sales highest for December in eight years Source: The Straits Times, 16 Jan
Normanton Park sells about one third of 1,862 units on first day Source: The Business Times, 18 Jan
Investment property sales set to return to pre-Covid-19 levels Source: The Straits Times, 17 Jan
新私宅项目鑫悦府开售首日卖出约600单位 Source: Lianhe Zaobao, 18 Jan
12,000 visitors throng Normanton Park showroom despite monsoon deluge Source: The Business Times, 15 Jan
同比料增47.8％至1137单位 EC转售量去年首次破千 Source: Lianhe Zaobao, 15 Jan
More condo units, HDB flats rented out in December: SRX Source: The Straits Times, 14 Jan
Despite pandemic, total 2020 new home sales may match 2019’s Source: The Business Times, 14 Jan
Wave of regional buyers expected to land on Sentosa Cove Source: The Business Times, 14 Jan
Conservation shophouses in Tanjong Pagar and Outram Park up for sale Source: The Business Times, 14 Jan
SRX：私宅出租单位去年12月环比上扬5.3％ Source: Lianhe Zaobao, 14 Jan
Resale condo prices maintain upward trend Source: The Straits Times, 13 Jan
Singapore resale condo market robust despite pandemic, with prices up 1.4% in 2020 Source: The Business Times, 13 Jan
Blackstone to buy Sandcrawler building in Singapore for S$176m Source: The Business Times, 13 Jan
冠病疫情期间仍具韧性去年私宅转售总交易量上扬18.1％ Source: Lianhe Zaobao, 13 Jan
今年上半年逾20新私宅项目料登场高档与中档私宅占多数 Source: Lianhe Zaobao, 12 Jan
兴都路永久地契商业大楼以2350万元求售 Source: Lianhe Zaobao, 12 Jan
S’pore economy likely to recover in second half of 2021: Heng Source: The Straits Times, 12 Jan
Performance of STI, private home resale market took different paths during pandemic Source: The Business Times, 11 Jan
Singapore unemployment eases to 3.3% in November Source: The Business Times, 9 Jan
荷兰坡三优质洋房地段6800万元求售 Source: Lianhe Zaobao, 9 Jan
肯特岗迎来大型新私宅项目 Source: Lianhe Zaobao, 9 Jan
Look Ahead 2021: Defying a pandemic-induced downturn, property market set for more gains Source: Today Online, 8 Jan
中国籍前导游杨寅失信案要角富婆杨厝港洋房叫价至少2500万元再推售 Source: Lianhe Zaobao, 8 Jan
Parc Central Residences 开始接受网上申购 Source: Lianhe Zaobao, 8 Jan
Son of Haidilao co-founder buys $42m property Source: The Straits Times, 7 Jan
Singapore shophouse market stays on hot streak with three new sales Source: The Business Times, 7 Jan
CBD Grade A office rents to continue slide in 2021, but less sharply than in 2020 Source: The Business Times, 6 Jan
Zoning stays but ‘no immediate need’ for housing there Source: The Straits Times, 6 Jan
Singapore private home prices may rise in 2021 amid reviving economy Source: The Business Times, 5 Jan
Private home prices up 2.1% in third straight quarterly gain Source: The Straits Times, 5 Jan
S’pore economy shrinks less than expected Source: The Straits Times, 5 Jan
HSR termination will not affect overall plans for Jurong: Ong Source: The Straits Times, 5 Jan
本地私宅第四季环比上扬2.1% Source: Lianhe Zaobao, 5 Jan
HSR termination could slow increase in Jurong property prices Source: The Business Times, 2 Jan
Normanton Park in Kent Ridge to open for preview Source: The Business Times, 1 Jan
Economy stabilising, but not yet out of the woods: PM Lee Source: The Business Times, 1 Jan
Tough 2021 for residential landlords as rent budgets, foreign workforce shrink Source: The Business Times, 4 Jan

2020

1,190 families get keys to first smart-enabled HDB homes here Source : The Straits Times, 31 Dec 2020
Normanton Park gets green light to sell, but with conditions Source : The Straits Times, 31 Dec 2020
Spotlight on single-owner plots, older CBD offices Source : The Straits Times, 30 December 2020
国大预估指数：11月非有地私宅整体转售价环比升0.2％ Source : Lianhe Zaobao, 29 Dec 2020
NUS SRPI shows broad-based recovery in private housing resale prices Source : The Edge Singapore, 28 Dec 2020
No swift recovery in 2021, but labour market is on the mend Source : The Straits Times, 28 December 2020
For Singapore property investors, overseas lure will continue Source : The Business Times, 25 December 2020
Singapore factories set to end 2020 in the black Source : The Business Times, 25 December 2020
Pharma industry drives rebound in factory output Source : The Straits Times, 25 December 2020
GCB segment ends 2020 on high note; buoyant mood expected to continue Source : The Business Times , 24 Dec 2020.
December’s new home sales could spike if buyers expect better growth in 2021 Source : The Business Times , 22 Dec 2020
Vaccinations, low rates, liquidity to drive Singapore property investment market in 2021: CBRE Source : The Business Times, 22 Dec 2020
How Covid-19 pushed the property market to adapt Source : The Straits Times , 21 Dec 2020
Proportion of loss-making transactions in resale market up in November Source: The Business Times, 21 Dec 2020
Apac real estate investment deals to rebound 15-20% in 2021: JLL Source: The Business Times, 21 Dec 2020
CapitaLand remains bullish on flexible workspaces Source: The Business Times, 18 Dec 2020
Condo, HDB rental volumes rise despite border curbs Source: The Straits Times, 17 Dec 2020
Nov condo, HDB rental volumes up despite travel curbs Source: The Business Times, 17 Dec 2020
Singapore condo resale prices rise for fourth straight month: SRX Source: The Business Times, 16 Dec 2020
Sale of new, resale private homes on the rise Source: The Straits Times, 16 Dec 2020
New home sales surge 19% in Nov as developers ramp up launches Source: The Straits Times, 16 Dec 2020
Mediacorp sells Caldecott Hill site for S$280.9m Source: The Business Times, 16 Dec 2020
项目增加带动买气新私宅销量扭转跌势11月环比涨19％ Source: Lianhe Zaobao, 16 Dec 2020
Singapore to enter phase 3 on Dec 28: Groups of 8 to be allowed for social gatherings Source: The Straits Times, 15 Dec 2020
Singapore’s housing market through the various crises Source: The Business Times, 15 Dec 2020
我国本月28日进入解封第三阶段 Source: Lianhe Zaobao, 15 Dec 2020
UOL’s Clavon tops first-day launch sales this year at 442 units Source: The Business Times, 12 Dec 2020
New home sales rebound in November on vaccine optimism and new launches Source: The Business Times, 11 Dec 2020
Shophouses in prime districts snapped up; owners put more assets on market Source: The Business Times, 11 Dec 2020
Singapore economy tipped to grow 5.5% next year; vaccines could push growth higher Source: The Straits Times, 10 Dec 2020
Singapore is most expensive South-east Asia city for fitting out offices Source: The Business Times, 9 Dec 2020
Mountbatten Road residential site for sale with S$13m guide price Source: The Business Times, 9 Dec 2020
Ki Residences sells 22% of units in virtual launch Source: The Business Times, 7 Dec 2020
Holdouts hemmed in by new condo in Geylang Source: The Straits Times, 6 Dec 2020
Perennial consortium to acquire former Big Box in Jurong East for S$118m Source: The Business Times, 5 Dec 2020
Developer buys Big Box mall for $118m to convert to business park Source: The Straits Times, 5 Dec 2020
‘Calibrated’ GLS, falling condo inventory could revive en bloc market: analysts Source: The Business Times, 4 Dec 2020
Supply of land kept moderate amid economic uncertainty Source: The Straits Times, 4 Dec 2020
Big tenants trading places as building owners make big changes Source: The Business Times, 4 Dec 2020
Home loans need close tracking as GDP dip worsens household debt-to-GDP ratio: MAS Source: The Business Times, 2 Dec 2020
Retail landlords must reinvent the shopping mall to thrive in new normal Source: The Business Times, 2 Dec 2020
Getting ready for a light en bloc sale season in Singapore Source: The Straits Times, 2 Dec 2020
Singapore’s office market will never be the same again Source: The Business Times, 1 Dec 2020
非有地私宅整体转售价 10月指数环比跌0.3％ Source: Lianhe Zaobao, 1 Dec 2020
Balestier unit fetches S$3.5m profit in October sale; Sentosa apartment records S$6.2m loss Source: The Business Times, 30 Nov 2020
Strong demand for Landmark units on launch weekend Source: The Straits Times, 30 Nov 2020
Sites for homes in Tengah, Ang Mo Kio up for sale Source: The Straits Times, 27 Nov 2020
Lee Foundation unit sells Haig Road property Source: The Business Times, 27 Nov 2020
Singapore’s 2019 income gap improves, but could widen in 2020 due to Covid-19 Source: The Business Times, 27 Nov 2020
‘Buy’ APAC Realty as residential volumes rebound: RHB Source: The Edge Singapore, 26 Nov 2020
S’pore economy to return to growth next year, forecast at 4% to 6% Source: The Straits Times, 23 November
年终假期楼市或迎来最 “热闹” 季节 Source: Lianhe Zaobao, 21 Nov 2020
10月最畅销私宅 “熟面孔”上榜 Source: Lianhe Zaobao, 22 Nov 2020
Malaysia begins construction for Singapore-Johor RTS Link with groundbreaking ceremony at Bukit Chagar station Source: Channel News Asia, 22 Nov 2020
Guillemard site sold for S$93m in year’s biggest private residential deal Source: The Business Times, 20 Nov 2020
Hoi Hup-Sunway’s Ki Residences: First new launch at Sunset Way in 20 years Source: The Edge Singapore, 20 Nov 2020
Demand for city-fringe homes on the rise Source: The Business Times, 19 Nov 2020
Singapore housing market a safe haven amid pandemic Source: The Business Times, 19 Nov 2020
New home sales set to rise after falling in Oct on fewer launches, options curb Source: The Business Times
More Covid-19 time relief for HP, property deals Source: The Business Times, 17 Nov 2020
选购权书条例收紧后 10月新私宅销量终止上扬大跌五成 Source: Lianhe Zaobao, 17 Nov 2020
至少六新私宅项目推出美世界周边成楼市热区 Source: Lianhe Zaobao, 17 Nov 2020
From condo flippers to homebuyers: Are buying patterns shifting for foreigners in Singapore’s real estate? Source: The Business Times, 14 Nov 2020
Covid-19 pushes real estate into the future Source: The Business Times, 16 Nov 2020
购房“升降”为哪桩？ Source: Lianhe Zaobao, 15 Nov 2020