Singapore residential property
Upcoming EC projects that are exempt from new rules get a ‘bonus’, as buyers steer towards them: analysts
Scrapping of deferred payments could be a major blow to sales on sites sold in the future
Executive condo prices may be dampened by new measures, but don’t expect a sharp fall
Strengthening the housing system helps boost social cohesion
New EC rules to cool prices: MOP doubled to curb flipping, no more deferred payments and more units for first-timers
Land bids, new launch sales expected to slow with first-timer priority raised to 90% of units, extended to 2 years
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
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
Balestier Regency up for fourth en bloc sale bid at S$255 million
The price tag is about 17% higher than the second attempt in 2018 when it was launched for sale at S$218 million
Drop in HDB resale flat prices in Q1 no cause for panic among condo buyers
But mind weakening tailwind in upgrader demand if HDB resale market weakens
Qingjian venture markets Hudson Place Residences in one-north from over S$2,200 psf
The development has 327 units and retail space spanning 400 sq m
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
1,224 private homes sold at 2 new launches; Tengah Garden Residences 99% taken up at average S$2,120 psf
SingHaiyi’s Vela Bay condo project moves 72% of units at S$2,886 psf
