Resale condominium prices inched up by 0.4% in March, marking a rebound from February’s seasonal slowdown, as reported by real estate portals Singapore Real Estate Exchange and 99.co on April 25. This increase, slightly higher than February’s 0.2%, reflects a gradual recovery in the market. Analysts attribute this modest price growth to a disparity in […]
The Hill @ One-North experienced a modest uptake, with approximately one-third, or 43 units, sold on the initial booking day. Described as one of the lowest take-up rates for the first weekend of a launch among major private residential projects in 2024, the units were sold at an average price of around $2,595 per square […]
The Urban Redevelopment Authority (URA) has put up a site in Zion Road for sale from its reserve list after receiving an application committing to a bid not less than approximately $604.6 million. This move follows the recent sale of a larger neighboring site in Zion Road to a City Developments Limited-Mitsui Fudosan joint venture […]
Offering a prime opportunity, Delfi Orchard, an 11-storey complex, is now up for collective sale with a guide price of $438 million. The complex comprises 150 strata-titled units, including 127 shops and 23 apartments, with CDL owning 126 of them. Strategically positioned at 402 Orchard Road on a freehold site spanning 20,264 sq ft, the […]
Cityview Place Holdings, an associate of City Developments Limited (CDL), successfully moved 65 units of The Residences at W Sentosa Cove Singapore within a week, surpassing the initial offering of 58 units on April 9. Responding to robust demand, additional units were released, drawing approximately 3,200 visitors from April 10 to 14, according to a […]
The Urban Redevelopment Authority (URA) has awarded the sole bidders for the large sites on Zion Road and Upper Thomson Road, following the closure of tenders on April 4, where single bids were submitted at prices lower than expected. Zion Road’s Parcel A was secured by a collaboration between City Developments Limited (CDL) and Mitsui Fudosan […]
The Urban Redevelopment Authority (URA) has initiated the tender process for two residential sites located at Canberra Crescent and De Souza Avenue. These land parcels are part of the confirmed list sites under the government land sales programme (GLS) for the first half of 2024, as announced by the URA on April 16. The Canberra […]
The following report provides an analysis of the top-selling private condominium projects in Q1 2024 based on key metrics such as tenure, district, average price per square foot (PSF), and sales volume. Understanding these trends can offer insights into the dynamics of the real estate market in Singapore during the first quarter of 2024. Key […]
The Upper Thomson area’s latest state tender closure witnessed developers exercising caution, resulting in only one bid being submitted. The joint venture between GuocoLand and Hong Leong Holdings clinched the site with an offer of approximately S$780 million or S$904.60 per square foot per plot ratio (psf ppr), falling just below pre-tender expectations. Consultants had […]
OCBC, in a statement released on Wednesday (Apr 3), confirmed its exploration of the redevelopment of its renowned Chulia Street property, as reported earlier by Business Times. Emily Teo, head of group property management at OCBC, affirmed the bank’s intent to rejuvenate a strategic area in the central business district through the redevelopment of 63, […]
