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A portfolio of 14 retail shops, located at Peninsula Plaza, Sim Lim Square and Far East Plaza, is available for sale through an expression of interest (EOI) exercise. The marketing agent for the properties is ERA Realty Network, with a total price of $26.46 million for the entire portfolio.

The collection includes two units at Peninsula Plaza, a 999-year leasehold mixed-use development on North Bridge Road. These adjoining ground-floor shop units have a combined strata area of approximately 990 sq ft and are priced at $8 million, or $8,081 per square foot.

Built in 1980, Peninsula Plaza is a 30-storey …

GuocoLand has recently acquired a green loan of $367.1 million from DBS Bank to develop its Faber Walk site. The land parcel, which was awarded through a Government Land Sale tender last November, will be jointly developed by GuocoLand, TID and Hong Leong Holdings.

The partners had submitted the top bid of $349.86 million for the 277,659 sq ft site, which translates to $900 psf per plot ratio. The upcoming development will consist of nine low-rise blocks and will offer 399 residential units. Located within the Faber Walk landed private residential enclave and adjacent to the Faber Hills estate, the …

The executive condominium (EC) market in Singapore continues to thrive as developer Sim Lian Group sold 682 units out of a total of 760 units in less than a day for its latest launch, Aurelle of Tampines, which is located at Tampines Street 62. The average price achieved for the units sold was a remarkable $1,766 psf.The remaining 78 units, which are mostly three-bedroom units, are still available for sale. This launch take-up rate of 90% also marks the highest success rate for an EC launch since the 531-unit Hundred Palms Residences was completely sold out on its launch day …

Aurea, the newest luxury residential project in the Core Central Region (CCR), was launched for sale on March 8, making it one of the first of its kind to enter the market in the 1st quarter of 2025. Developed jointly by Far East Organization and Perennial Holdings, a total of 23 units have been sold at an average price of $3,005 per square foot.

The first phase of the project, consisting of 78 units ranging from two- to four-bedroom apartments on levels 4 to 16, was released for sale. The sales rate stands at 30%, based on the 78 units …

The One Holland Village Residences has once again topped the list of private condos with a new record psf-price high during the period of Feb 16 to 21. This achievement was made possible by the sale of a three-bedroom unit at the development for a whopping $3,781 psf on Feb 17. The luxurious unit, spanning 1,238sq ft, was sold for a staggering $4.68 million and marks the first transaction of the year at the 99-year leasehold project.The sellers of this unit, located on the 25th floor, had originally bought it from the developers in November 2023 for $4.19 million or …

A terrace factory at Midview City spanning over three storeys has recently been put on the market, with an asking price of $6.2 million or $688 per square foot (psf). This sale is being facilitated by the exclusive marketing agent Colliers International.

This property is situated on Sin Ming Lane, within the bustling Sin Ming Industrial Estate, and consists of a basement and roof terrace. It boasts a total strata area of approximately 9,009 square feet and is classified as a “Business 1” site under the URA Masterplan 2019.

The 60-year leasehold factory building, which was completed in 2012, has …

If you’ve visited a show flat recently, you may have noticed that the sizes of units seem to be getting smaller. This is not surprising, as our perception of size is shaped by our past experiences. In the 1990s and 2000s, the average size of HDB flats and condos was larger compared to today. In 1995, the average size of a new condo was 1,272 sq ft, which increased to 1,286 sq ft in 2005, before dropping to 858 sq ft in 2015. By 2024, the average size had increased to 929 sq ft. This can be attributed to the …

APAC real estate markets are seeing an influx of capital this year, with investors showing a particular interest in the property sectors of accommodation, logistics, and alternative assets, according to Hamish MacDonald, head and chief investment officer of APAC Real Estate at BlackRock. He also predicts that investor sentiment will be more bullish this year compared to 2022 and 2023, with institutional investors initiating discussions about deploying and recycling capital in selective Asia Pacific real estate markets.

BlackRock has been focusing its acquisitions in Singapore on the serviced apartment sector, partnering with YTL Corp to purchase Citadines Raffles Place for …

The Ministry of National Development (MND) has recently announced updates to the Silver Housing Bonus (SHB) and Fresh Start Housing Scheme (Fresh Start) during the Committee of Supply debate. These changes are aimed at supporting seniors in downsizing and improving access to public housing for lower-income households living in HDB rental flats.

The SHB encourages seniors to plan for their retirement by unlocking the value of their residential assets and transferring it into their CPF Retirement Account (RA). Currently, eligibility for the SHB requires applicants to be 55 years or older, have a monthly income below $14,000, own a property …