Residential

Who are buying private homes and how do agents stay relevant? With PropNex’s CEO Kelvin Fong

Who is buying at new condo launches? What is the state of play in the resale market for private homes? Also get perspectives on AI’s impact on the agency business and Singaporeans’ love for private ho...

Newport Residences spans levels 23 to 45 of the 45-storey Newport Plaza, which will also have Grade A offices, F&B spaces and branded serviced apartments.
THE LEVEL GROUND

Should buyers get more excited over relatively ‘cheap’ freehold Newport Residences?

The project’s underperformance versus River Modern may not be justified

Applying a 10-year MOP to homeowners can be extremely harmful to housing mobility.
THE LEVEL GROUND

Allow flexibility on 10-year minimum occupation period for homeowners with sufficient deterrents

Needs and financial circumstances of owners of HDB Plus and Prime flats and new EC units can change

Including executive condominiums, 1,649 units were sold in April, with 1,426 units launched.
SINGAPORE PROPERTY

Developers sell 1,548 new homes in April, chalking up the highest sales in six months

The Outside Central Region accounts for 87.7% of condo and private apartment deals last month

A one-bedder unit is cheaper than larger flats, and also has lower recurring costs as management fees and maintenance costs are generally higher for bigger units.
THE LEVEL GROUND

Should developers build more one-bedroom condo units?

Affordability, leasing demand and an ageing population support having more of such housing

Even with tougher rules, buying a new EC unit is a cost-effective way to achieving private housing aspirations.
COMMENTARY

Executive condo prices may be dampened by new measures, but don’t expect a sharp fall

Strengthening the housing system helps boost social cohesion

A prime Holland Plain state land site drew a single bid from Sim Lian at S$454 million or S$1,491 psf ppr.

Prime Holland Plain site draws just one bid from Sim Lian at S$454 million or S$1,491 psf ppr

The lacklustre turnout is a far cry from that for an adjacent plot in 2025

A Dunearn Road government land sale site drew six bids at the close of the tender.

Wing Tai, Metro outbid 5 others for Dunearn Road site with bullish S$1,625 psf ppr bid

This is just 3% more than Frasers Property consortium’s next-highest offer of S$1,576 psf ppr for the 330-unit site

The seller of a five bedder at Leedon Residence made S$5.2 million in profit, after selling the unit for S$14 million in February.

S$14 million Leedon Residence deal nets S$5.2 million profit, tops Q1 resale gains 

ECs among top percentage gainers with profits of 130%-140%; biggest losers suffer losses of up to S$1.9m

Private home price growth was led by non-landed properties, where prices rose 1.3% in Q1.
SINGAPORE PROPERTY

Private home prices rise 0.9% in Q1, setting stage for steady 2026

They accelerate from 0.6% growth in previous quarter even as sales volume dips