Singapore residential property

BRUNCH

Higher costs, lower returns: Why are Singaporeans still betting on real estate?

Returns are often lower than equities, but policy and psychology keep property at the centre of wealth

The Peck Hay Road site (in red) is among two new private residential sites released for sale on Thursday.

URA puts up two prime condo sites in Newton, River Valley for sale

Analysts predict keen competition with up to seven or eight bids at each tender, amid robust demand for CCR homes

Two-bedroom units, sized from 624 sq ft, at Tengah Garden Residences will go from S$1.11 million.

Hong Leong Holdings to launch Tengah Garden Residences with prices from S$1,779 psf

The first private project in the precinct comprises 863 units in nine 16-storey blocks

A new condo home’s saleable area typically captures more accurately a unit’s actual usable space.
THE LEVEL GROUND

High per square foot prices of new condos could be increasingly irrelevant to buyers

For many, the focus is on finding the right home at an acceptable absolute quantum

The number of resale units reaching their five-year MOP is projected to come in at 13,484 this year.
SINGAPORE PROPERTY

HDB resale prices down 0.1% in Q1, first fall in nearly 7 years: flash data

Despite overall activity moderating, the market for flats transacting at S$1m and above remains active

By region, prices of non-landed homes rise across the board.

Singapore private home prices rise 0.3% in Q1, easing from 0.6% in Q4: URA flash data

Prices inch up even as market activity softens, with sales volume falling nearly 40% to 4,401 units as at mid-March

The mixed-use development will be integrated with Bedok South MRT station, a bus interchange and retail spaces.
SINGAPORE PROPERTY

Mega mixed-use Bayshore site for 1,280 homes could draw bids of up to S$2 billion

Analysts expect keen developer interest, with land costs projected to top S$1 billion and consortium bids likely

Buying a new executive condo unit offers a path to private homeownership for higher-income locals.
THE LEVEL GROUND

Time to cool EC demand: drop deferred payment scheme, lengthen MOP, tighten resale restrictions

Moderating growth will benefit eligible buyers without access to abundant liquidity

Pinery Residences recorded robust demand across all unit types, with nearly all buyers being Singaporeans and permanent residents.

Pinery Residences sells 92.5% of units at average price of S$2,546 psf at launch

A significant proportion of buyers could be upgraders from within Tampines, say real estate players

The recently opened Perennial Living Parry Avenue project combines assisted living, nursing care and medical care in a development with 200 assisted living apartments and a nursing home with 100 beds.
COMMENTARY

What Singapore needs to change to enable better senior living options

Gaps in the eldercare and retirement housing landscape can be addressed with regulatory changes