A private club in Singapore’s upscale Bukit Timah area is set to make way for more housing in one of the city-state’s most exclusive districts, once its lease expires in three years, as the government continues to expand housing supply.
Singapore Adds Two Residential Sites to Land Sale Plan and More Asia Real Estate Headlines
Authorities in Singapore are ready to keep pouring more homes into the city-state’s housing market with two more sites added to the government land sale plan this week. Also in the news today, UBS predicts another 10 percent drop in… Read More>>
Luxury Site in Singapore’s Orchard Area Could Sell for 37% Off 2018 Prices
Singapore’s cooling property market may be denting demand even for sites in some of the city’s most exclusive districts, with analysts predicting that a newly launched project in the Orchard Road area could sell for up to 37 percent below… Read More>>
Singapore Home Sales Lowest in Nine Months as Developer Inventories Swell
Singapore’s housing market continued to slow in September with private home sales plunging by 45 percent from the 394 units sold a month prior, falling to a nine-month low of 217 units as developers were seen holding back project launches… Read More>>
Court Approves Sunac’s $10.2B Debt Restructuring and More Asia Real Estate Headlines
Sunac China Holdings could be on its way to becoming China’s first major developer to work out a debt restructuring deal with lenders, with that story leading today’s roundup of news from around the region. Also making the list is… Read More>>
Singapore Home Prices Crept Upwards in Q3 Despite 15% Drop in Sales
The average price of a private home in Singapore rebounded in the third quarter, recording a 0.5 percent uptick compared to the preceding three month period, despite a 15 percent drop in the quantity of homes sold and a barrage… Read More>>
Singapore Home Sales Retreat From July Peak as Supply Slows
Singapore new private home sales dropped by 72 percent in August from the previous month to 394 units as developers rolled out fewer projects.
Data from the Urban Redevelopment Authority (URA) on Friday showed that developer sales of new homes… Read More>>
Singapore’s URA Launches Tender for Toa Payoh Site Yielding 775 Homes
Singapore’s Urban Redevelopment Authority on Tuesday released a residential site for sale in the Toa Payoh neighbourhood of the city-state’s central region, as officials continue to roll out plots under the Government Land Sales Programme.
The tender for the 1.57… Read More>>
Singapore Home Sales Surge Five-Fold as Developers Launch More Projects
Sales of new private homes in Singapore jumped by 408 percent to 1,412 units in July from just 278 condos sold in June after developers launched 2,500 new homes during the month.
The latest figure, which excludes subsidised housing and… Read More>>
URA Launches Pair of Western Singapore GLS Sites to Supply 1,065 Homes
Singapore’s Urban Redevelopment Authority on Tuesday released two residential sites for sale in the city-state’s western region as officials aim to ramp up housing supply under the Government Land Sales Programme.
The plots at Clementi Avenue 1 and Pine Grove… Read More>>
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