Singapore Property News

Market

HDB upgraders eye private homes below $2.5 mil, prefer RCR/OCR condos

• Aspiring upgraders plan to buy private homes under $2.5 million
• RCR and OCR condos are most favoured, followed by landed homes

Private

Couple Buys 3-Bedder at Riverfront Residences for $1.69M

• Three-bedroom unit at Riverfront Residences, Hougang bought for $1.69M
• Purchase followed a five-way bidding war
• Buyers switched from Treasure at Tampines after viewing

Commercial

HDB shophouse units in Bras Basah and Lavender listed at $13.4 mil

• HDB shophouse units in Bras Basah and Lavender for sale at $13.4 mil
• Bras Basah Complex units leased to a language school and Korean minimart

Private

Frasers Property logs $1 bil in pre-sold residential revenues

• $1 billion in pre-sold residential revenues reported
• Shareholders to vote on hospitality portfolio optimisation on Aug 28
• Plan includes consolidating full ownership of Fraser Suites Singapore for redevelopment

Commercial

JTC plans unified business park zoning for one-north LaunchPad revamp

• JTC proposes placing one-north parcels under single business park zoning
• Amendments part of LaunchPad redevelopment plan

Commercial

Strata office prices climb despite fewer deals; retail slows

• Average strata office prices rise despite lower transaction volume
• GB Building sold 10 strata office units collectively for $22.5 million
• Strata retail activity slowing

Commercial

CICT net property income up 8.7%; positive rent reversions for office, retail

• Net property income rose 8.7%
• Office rent reversions positive at 6.5%
• Retail rent reversions positive at 4%

Private

Two-thirds of Sentosa Cove resales sold at a loss since 2023

• Average loss on loss-making resales tops S$1 million
• Small niche buyer pool weakened by foreigner-targeted cooling measures

Private

East Coast Condos Ranked by Rental Yield

• Sea-facing units command rental premiums justifying price premium
• Freehold tenure on larger units does not boost yield
• One 40-year-old project topped rental yield rankings

Commercial

Soilbuild founder sues Brookfield over Singapore properties JV dispute

• Lim Chap Huat claims Brookfield reneged on a joint venture
• Dispute involves Brookfield's 2025 buy of three SG properties from Mapletree Industrial Trust

Private

Renovated three-storey Upper Thomson house up for sale

• Three-storey residence in Upper Thomson listed for sale
• Recently renovated, move-in condition with contemporary finishes

Commercial

Orchard Road drawing corporate tenants amid retail shift

• Companies increasingly taking office space along Orchard Road
• Market watchers call moves isolated, not a structural migration

Policy

En bloc reforms aim to boost redevelopment of ageing condos

• Collective sales market seen optimising land use as private homes age
• Reuse of old buildings among expected benefits

Commercial

Adaptive reuse of ageing buildings debated in Singapore

• Adaptive reuse viable only when buildings suitable and economics work
• Part of Singapore's push to rejuvenate ageing buildings

Commercial

City Plaza launches collective sale tender at $970 million

• Mixed-use City Plaza up for collective sale at $970 million
• Tender launched August 11 after two failed attempts
• Marketed by Huttons Asia

Commercial

Tanjong Katong student hostel and restaurant building listed at $23.8 mil

• Freehold corner building at 188L Tanjong Katong Road for sale
• Guide price $23.8 million via Knight Frank
• Buyer could explore serviced apartments, subject to approvals

Commercial

North Canal Road shophouse pair listed for $8.5 million

• Two adjoining shophouses at 42 and 43 North Canal Road for sale
• Guide price of $8.5 million

New Launch

Debate over fairness of property agents' priority at new condo launches

• Discussion on whether agents should get first access to new condo launch units
• Proposals for a fairer booking process at Singapore launches

Private

Five duplex condos over 1,800 sq ft listed under $2M

• Locations: Lakeside, Chong Pang, Yishun, Toa Payoh, Pasir Ris
• Each unit spans over 1,800 sq ft, priced under $2M

Policy

How Property Is Split in a Singapore Divorce: SSD, CPF and Refinancing

• Divorcing couples face Seller's Stamp Duty, CPF refunds and refinancing before division
• Financial outcomes vary across three common ownership scenarios

Commercial

999-year conservation shophouse at 71 Amoy Street up for sale

• Rare 999-year leasehold commercial conservation shophouse in Telok Ayer precinct
• Property offers immediate rental income

Market

Sentosa Cove bungalow sells for $17 mil; Bishan HDB flat resold at $1.58 mil

• Detached house in Sentosa Cove fetched $17 million in profitable deal
• Five-room flat at Natura Loft DBSS in Bishan resold for $1.58 million

Commercial

The Assembly Place net profit up 80.7% on co-living expansion

• Net profit rose 80.7% driven by co-living portfolio growth
• Upcoming 700-key co-living destination planned at Phoenix Park, Tanglin Road
• Company cites robust development pipeline ahead

Private

Private residential done deals logged for July 21-28

Private property sale transactions dated July 21 to 28

Commercial

JustCo revenue up 24% to US$80.8 mil, plans 78 co-working centres

• JustCo 1H2026 revenue rose 24% to US$80.8 million
• Expansion planned to 78 co-working centres
• New JustCo Place at 160 Orchard Road to feature The Collective

New Launch

Bukit Sembawang launches Luxus Hills Phase 10 in Seletar

• 999-year leasehold landed homes in Seletar Hills
• Five-bedroom Type A and Type B terrace houses
• Features private lifts, rooftop solar and EV-ready provisions

Private

Aspen Heights 2-Bedders Averaged $652,000 Profit Over Past Decade

• Aspen Heights 2-bedders averaged 35.56% ROI, $652,000 profit
• Strongest two-bedder returns in Orchard/River Valley over decade
• Condo is nearly 30 years old

Commercial

DP Architects, PSB Academy to leave Marina Square before revamp

• Both tenants relocating to SingPost Centre
• PSB Academy also leasing space in two Tai Seng properties
• Departures come ahead of Marina Square redevelopment

Private

Seller at The Morningside in District 9 nets $3.54 mil profit

• Three-bedroom unit at The Morningside, River Valley (D9)
• Seller reaped $3.54 million profit

Private

UpperHouse at Orchard Boulevard sets new high of $3,877 psf

• Luxury District 10 condo hits fresh high of $3,877 psf
• Located at Orchard Boulevard, prime central region

Private

Condos near top schools command price premiums over district averages

• Resale condo prices near Rosyth School rose 46.8% from 1H2022 to 1H2026
• That outpaced District 19 resale condo gains of 30.6%
• School proximity a key driver of family property decisions

Market

Emerging estates like Tengah drawing younger Singapore buyers

• Tengah cited as emerging precinct preferred by Gen Z and millennials
• Younger buyers weigh future potential, community and lifestyle fit

HDB

HDB's Standard, Plus and Prime flat classifications explained

• HDB flats now classified as Standard, Plus or Prime
• Priciest five-room resale: City Vue @ Henderson, $1.728 million in April

Private

The Assembly Place JV to redevelop Jalan Harom Setangkai into 5 terraces

• Site off Farrer Road to be redeveloped into five terraced houses
• The Assembly Place Holdings enters joint venture for the project

Private

Smaller CCR homes broaden appeal of prime Singapore market

• Compact private units in Core Central Region seeing rising demand
• Proximity to CBD, Orchard belt and amenities driving interest

HDB

HDB resale price index dips after years of gains

• Resale price index rose 56% between 3Q2019 and 4Q2025
• Index slipped 0.1% q-o-q in 1Q2026 and 0.3% q-o-q in 2Q2026

Commercial

CapitaLand Ascott Trust to acquire Coliwoo Midtown for $134 million

• CapitaLand Ascott Trust acquiring Coliwoo Midtown for $134 million
• Property hit close to 90% occupancy in July

Market

Some young Singaporeans opting out of homeownership for co-living, rentals

• Young Singaporeans turning to co-living spaces and serviced residences
• Shift away from traditional homeownership path

HDB

Owners weigh keeping fully paid HDB near Little India or reinvesting

• Fully paid HDB near Little India earns $2,900 monthly rent
• Owners consider selling amid lease decay to buy private property

Private

Lakeside Towers relaunches en bloc tender at $350 million

• 99-year leasehold condo on Yuan Ching Road, third en bloc attempt
• Reserve price unchanged at $350 million
• Previous attempts in 2018, 2022 and 2023 all failed