Singapore property
Elegant Group entity buys The Clementi Mall for S$809 million
The price works out to about S$4,100 psf on net lettable area; the net yield is 4.1%
Average HDB household size shrinks further, with 1-person households rising to 1 in 6
While most seniors prefer not to sell and move, more singles living with their families plan to buy their own home, HDB sample household survey shows
Two ageing Tiong Bahru HDB blocks fail to get enough votes for HIP by narrow margin
Permanent resident households are not eligible to vote
Premium Automobiles teeing up to buy Sime Darby Business Centre for S$55 million
Former Audi dealer, which now distributes China EV brands, signs put-and-call option for acquisition of Alexandra Road showroom building
NTUC Enterprise’s Mercatus said to have put 11 retail assets up for sale at S$307 million guide price
Portfolio divided into four bundles; sale will be with existing long-term tenancies to NTUC FairPrice supermarket chain
Real estate players brace for market curbs as housing debt climbs: NUS poll
Debt-limiting rules such as loan-to-value and mortgage servicing ratio are seen as more effective than ABSD
CDL’s Singapore property sales halve in Q3 to S$313 million amid fewer new launches
Group also reports it is in advanced talks over the sale of Sentosa Cove’s Quayside Isle
October surge could push developers’ new home sales for 2025 to four-year peak
Last month’s 2,424 units sold are up about 9 times on-month and 224% on-year
Singapore real estate players upbeat in Q3 but flag job losses, cooling measures as top risks
Concerns about a global economic slowdown recede
Plum Newton site garners 8 bids, topped by HH Investment at S$566.29 million or S$1,820 psf ppr
The top bid is higher than the S$1,300 to S$1,600 psf ppr predicted by analysts polled by The Business Times
