170 private new homes sold in December 2022, lowest since January 2009
In December 2022, developers sold only 170 new residences (excluding executive condos, or ECs).
That is a 34.6 percent decline from the 260 units sold during the…
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Sceneca Residence, the 1st launch of 2023, sells 60 percent on Day 1 at average $2,072 psf
After 2 weeks of preview (since January 1), the 268-unit Sceneca Residence along Tanah Merah Kechil Link was formally launched yesterday (January 14).
Unit sales…
Mandarin Gardens owners want $2.88 billion en bloc deal
The most recent collective sale committee (CSC) representatives of Mandarin Gardens feel they have a good chance of persuading 80 percent of the homeowners at the…
Property developers to remain cautious for en bloc deals in 2023
In Singapore, collective sales often known as en bloc sales, are something that real estate developers intend to approach more cautiously this year.
According to…
Singapore real estate market to remain a shinning star on global scale
Savills Research says that even though macroeconomic problems are getting worse, the Singapore market for real estate will continue to be a shining star around the…
Sceneca Residence drew nearly 3,000 visitors during first weekend preview
The first new launch project in 2023, Sceneca Residence, drew almost 3,000 visitors on its 1st day of preview.
It forms the 268-unit residential component of a…
Top bid of $1,024 psf ppr received for Hillview Rise GLS site.
The Hillview Rise GLS site has drawn a total of 4 bids, with a top bid of $320.78 million (or $1,024 per square foot per plot ratio)
The top bid came from a joint…
Bukit Timah Link GLS site drew top bid of $1,343 psf ppr
Located adjacent to Beauty World MRT station, the Bukit Timah Link GLS site was launched for sale under the 2H 2022 Government Land Sales programme.
This 99-year…
MND introduces new cooling measures to curb rising property prices
On 29 September 2022, the Singapore government introduced a slew of new cooling measures that aim to moderate demand amid rising mortgage interest rates.…
Lentor Modern sold 84 percent of units on launch day
Amid the dwindling supply of new homes in the Outside Central Region (OCR) of Singapore, GuocoLand's Lentor Modern achieved an 84 percent take-up rate on the first…