Residential
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
Median resale prices hit S$1 million for 4-room HDB flats in two towns in Q1 despite overall dip
Transaction volumes of resale apartments rise 19.6% to 6,285 units, from 5,256 in the previous quarter
Hoi Hup Realty tops 3 bids for Yishun EC site with S$340.9 million or S$732 psf ppr bid
Developers expected to maintain more selective bidding approach as supply pipeline builds
Frasers Property, Mitsubishi Estate JV pips CDL with S$610.75 million top bid for Kallang plot
The highest bid of S$1,415 psf ppr is just 0.7% above CDL’s offer; site fetches four bids
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
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
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
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
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
