Singapore’s property market is set for a significant boost as at least 2,000 new private homes are expected to launch in the third quarter of 2024. This surge in supply comes from a mix of highly anticipated projects across various districts, promising to meet the robust demand for residential properties. Major Projects Leading the Launch […]
Thomson View Condominium is back on the market for collective sale, holding steady with its reserve price of S$918 million. This relaunch comes after a previous tender closed on April 18 without securing a deal. The reserve price of S$918 million translates to a land rate of S$1,275 per square foot per plot ratio (psf […]
The Housing Development Board (HDB) has announced the sale of a prime mixed-use site in Tampines Street 94, open for tender starting June 27. This plot, part of the first half of the 2024 Government Land Sales (GLS) programme, offers a fantastic opportunity for both commercial and residential development. This 99-year leasehold site is strategically […]
The Government Land Sales (GLS) programme for the second half of 2024 has introduced ten new sites, offering promising opportunities for residential housing. The Ministry of National Development (MND) revealed that six of these sites are on the confirmed list, while four are on the reserve list. Among the highlights are two parcels in Media […]
The opening of the fourth stage of the Thomson-East Coast Line (TEL4) on June 23 has brought significant excitement and convenience to commuters in the East Coast area. The new stretch, spanning 10.8 kilometers and consisting of seven stations, promises to transform daily commutes and enhance connectivity in the region. A Game-Changer for Daily Commuters […]
The preview weekend of Sora, the latest 440-unit project developed by SingHaiyi in partnership with KSH Holdings and Ho Lee Group, saw an impressive turnout with 3,000 visitors by 5 pm. The sales gallery opened its doors to the public over the June 22-23 weekend. Sora is strategically located on Yuan Ching Road in the […]
The latest state land tender reflects a continued cautious approach by developers towards private residential sites due to high interest rates and ongoing property cooling measures. Despite these challenges, a prime 99-year leasehold site near Great World City managed to attract two bids. A Wing Tai Holdings unit placed the highest bid at nearly S$464 […]
A state land plot in Upper Thomson received no bids from developers at a tender that closed on Wednesday, June 19. Market watchers had anticipated up to three bids for the suburban plot. Before the tender closed, consultants predicted offers ranging from S$750 to S$1,020 per square foot per plot ratio (psf ppr). However, no […]
A joint venture led by SingHaiyi is set to preview its new condo project, Sora, in Jurong East on June 22. The average price for units in this development will be S$2,180 per square foot (psf). The developers, SingHaiyi and TK 189 Development, announced on June 18 that price for the 440-unit, 99-year leasehold project […]
In May, new private home sales hit a significant low, marking the smallest sales figures for this month since records began in June 2007. The numbers also show a nearly 80% drop compared to the same time last year. No major projects were launched last month, exacerbating the usual mid-year lull and the recent trend […]
