For the second time in a year, a residential site launched under the Government Land Sales (GLS) programme has closed with no bids. The latest site, Media Circle (Parcel B) in the one-north precinct, failed to attract any developer interest when the tender closed on April 29, 2025. Analysts attributed the muted response to a […]
Developers in Singapore sold 729 new private homes (excluding ECs) in March 2025, reflecting a modest 1.5% increase from the 718 units transacted in March 2024, according to the Urban Redevelopment Authority (URA). While the monthly gain was minimal, the figure marked a sharp drop from February 2025, which recorded 1,597 units sold – driven […]
A new chapter in Singapore’s urban development is unfolding at Marina South, an emerging waterfront district that merges modern conveniences, sustainable design, and community-centric planning. Anchoring this transformation is One Marina Gardens, the district’s first private residential launch by Kingsford Group. Located at the nexus of iconic landmarks such as Gardens by the Bay, Marina […]
Newly launched One Marina Gardens, the first residential development in the Marina South precinct, sold 38% of its 937 units over its launch weekend at an average price of S$2,953 per square foot (psf). Despite a volatile global backdrop, including fresh US tariffs and fears of a trade war, analysts say the project performed reasonably […]
Singapore’s subsale condominium market saw a sharp upswing in 2024, with sellers making an average profit of around $270,000 per transaction, according to data from OrangeTee Group. Subsales—where owners sell a property before its completion—accounted for 6.6 per cent of all non-landed property transactions last year, with 1,306 units changing hands. That marks a significant […]
ZACD Group is set to preview its latest high-end residential project, Arina East Residences, in Tanjong Rhu from April 12, with indicative prices starting at $3,000 per square foot (psf). The official launch is scheduled for April 26. The development marks the first private residential launch in the Tanjong Rhu area in 13 years. ZACD, […]
Singapore is stepping up its fight against money laundering in the property market with a new bill that imposes stricter compliance requirements and harsher penalties on estate agents, property salespersons, and developers. The Anti-Money Laundering and Other Matters (Estate Agents and Developers) Bill was read for the second time in Parliament on Tuesday, April 8. […]
The Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) have officially released three highly anticipated residential sites for sale under the Confirmed List of the 1H2025 Government Land Sales (GLS) programme. The new plots are located at Lakeside Drive, Dunearn Road (Turf City), and Woodlands Drive 17, with a combined yield of nearly […]
In a closely watched state land tender, Kingsford Group has emerged as the highest bidder for a private residential site at Lentor Gardens, with an offer of S$964 million, translating to S$920 per square foot per plot ratio (psf ppr). This bid marks a significant moment for Singapore’s housing market, reaffirming developer confidence despite cautious […]
Hillcrest Arcadia, a 99-year leasehold condominium in Bukit Timah, has been put on the market for an en bloc sale at $920 million. This collective sale presents an opportunity to redevelop a prime 4.4-hectare site in one of Singapore’s most sought-after districts. Key Sale Details Location: Hillcrest Arcadia, Bukit Timah Land Size: 442,165 square feet […]
