URA

Restoring St James Power Station, one brick at a time

The conservation building is one of this year’s architectural heritage award winners

The River Valley Green (Parcel C) site is expected to yield 470 homes.
SINGAPORE PROPERTY

Sunway MCL, CSC make bold bet on River Valley site with S$1,730 psf ppr bid at S$750.6 million

Top bid for River Valley Green plot marks new high for land in the area, and is about 22% above price of the last site sold nearby

The Rest of Central Region led in condo and private apartment sales, accounting for about three-quarters of sales.
SINGAPORE PROPERTY

New private home sales at three-month low in May, with only one major new launch; developers sell 447 units in all

Still, the latest monthly sales figure is up 43.3% from the year before

Prime Minister Lawrence Wong noted that every city must navigate constraints and tap its unique strengths to deal with challenges.

‘Keep what works, change what does not’: PM Wong on Singapore’s approach to navigating challenges

He was speaking ahead of the opening plenary of the World Cities Summit 2026

The site in Peck Hay Road can yield about 315 private homes, according to URA.
SINGAPORE PROPERTY

CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot

This is 2.5% more than the S$1,820 psf ppr fetched for a nearby plot next to Newton MRT interchange station in November

From left: Adele Tan, URA deputy CEO and chief planner; Lim Eng Hwee, URA CEO; Eric Lim, UOB group chief sustainability officer; Ow Foong Pheng, URA chairperson; and Chee Hong Tat, minister for national development, at the opening of the i Light Singapore festival.

URA lifts ban on new hotels, hostels and serviced apartments in Boat Quay, Beach Road areas

The government will also pilot schemes in some precincts to test how space can be used to make the city centre more vibrant

The authorities say the new measures will not affect the majority of developers, who have delivered “quality private housing projects to homebuyers”. 

Ban on land sales, new launches for developers that deliver ‘defect-ridden’ projects

The measures are aimed at strengthening homebuyer protection and deterring ‘severe errant developer behaviour’ 

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