Private home sales fell sharply in September, with developers moving just 255 units (excluding executive condominiums). This marks an 88.1% drop from August and a 36.4% decline compared to the same period last year. The slowdown wasn’t surprising, as it coincided with the Hungry Ghost Festival — a traditional lull period for property launches and […]
Penrith, the first new private residential launch in Queenstown since 2018, sold 447 out of its 462 units over the weekend — a 97% take-up rate. The average price achieved was around S$2,800 per square foot (psf). The project sits in the city-fringe Rest of Central Region (RCR) and was developed by Hong Leong Holdings, […]
Skye at Holland, a new 666-unit private residential development in Holland Village, recorded one of the most successful project launches this year. Over the launch weekend, 658 units were booked, translating to a 98.8% take-up rate. Jointly developed by UOL Group, Singapore Land Group, CapitaLand Development (CLD), and Kheng Leong, the 99-year leasehold project comprises […]
Highly Contested Tender with 9 BiddersThe 99-year leasehold site near Farrer Park MRT drew nine bids, exceeding analyst expectations. A UOL-led consortium, which includes Singapore Land Group and Kheng Leong Co, placed the highest bid of S$524.3 million, translating to S$1,338 psf ppr — just 1% above the second-highest offer. Potential for Over 400 HomesThe […]
Prime District Living with Direct MRT AccessCity Developments Limited (CDL) and Mitsui Fudosan are set to launch Zyon Grand, a luxurious 706-unit condominium in River Valley, with prices starting from $2,689 psf. Previews begin on Wednesday, 8 October 2025. Located along Zion Road, this 99-year leasehold project stands out with two 62-storey towers — offering […]
A New Riverfront Condominium in the WestGuocoLand, together with joint developers TID and Hong Leong Holdings, is launching Faber Residence, a 399-unit condominium in Clementi. Preview begins on Friday, 3 October 2025, with prices starting from $1,995 psf. Located in a peaceful landed enclave with riverfront views, the development offers a mix of two- to […]
A Rare New Launch in QueenstownHong Leong Holdings, together with Hong Realty and GuocoLand, will be launching Penrith, a new residential development in Queenstown. This marks the first private residential launch in the area since 2018. Previews begin Friday, 3 Oct 2025, with starting prices from $2,437 psf. Project DetailsPenrith consists of 462 residential units […]
The collective sale of Loyang Valley, a 362-unit leasehold condo in Changi, closed without receiving any formal bids. This marks the third attempt to sell the estate en bloc, this time at a reserve price of $880 million—$100 million less than the previous attempt in 2022. Lower Price, Some Interest Despite the lack of offers, […]
Property developer UOL Group has agreed to sell Kinex Mall at 11 Tanjong Katong Road for S$375 million to Kinex Times Square and Xiaohong Property Management. The sale includes all commercial strata lots in the development, which consists of a three-storey retail podium and a basement. The mall has a net lettable area (NLA) of […]
August Surge Developers sold 2,142 new private homes in August 2025 (excluding ECs), more than 10x compared to the same month last year. This is the highest August figure since records began in 2007. Sales also more than doubled from July’s 940 units. 2025 YTD Totals 7,669 units sold in the first eight months, already […]
