Downside risk in HK property puts S’pore developers on upswing Analysts see the Singapore property market on the cusp of a multi-year upswing, a trend that has seen shares of real estate developers rise 33 per cent over the past year, after four years of decline. By comparison, Hong Kong’s market appears to be [...]

Sentosa Cove home sales up as prices fall Recent sale prices for bungalows in Sentosa Cove - one of the poshest addresses here - have fallen to levels similar to those of mass market condos on a per sq foot (psf) basis. The declines, of nearly 20 per cent from a year earlier, reflect [...]

Sim Lian tipped to have bid S$970m for Tampines Court Sim Lian Development is believed to have placed a bid of S$970 million for the collective sale of Tampines Court. On Tuesday evening, the tender for the privatised HUDC (Housing and Urban Development Company) estate, which closed at 3 pm the same day, received [...]

Buying momentum buoys July sales of private and EC homes Developers sold almost twice as many private homes and executive condominiums (ECs) in July than they did in June amid two project launches - reflecting a buoyant buying momentum that analysts believe will continue for the rest of this year and the next. A [...]

More ex-HUDC estates trying to sell en bloc En bloc fever is getting even hotter with privatised HUDC estate Florence Regency in Hougang likely to be put up for collective sale soon. The approval level from owners at the 336-unit project is over 75 per cent. The Straits Times understands three other former HUDC [...]

S’pore’s property market is bottoming out: CapitaLand CEO The Republic’s biggest developer, CapitaLand, detects signs that the city’s residential property market is “bottoming out” after a run of price declines, said CapitaLand CEO and president Lim Ming Yan. Many investors are seeing Singapore as relatively more attractive when compared with Hong Kong, London or [...]