News

Bringing you the latest news, updates and trends in Singapore’s property market.

Good Showing For Government Land Sales – Jalan Tembusu And Lentor Hills

Jalan Tembusu The District 15 site was well received with 8 bids vying for a plot at the corner of Jalan Tembusu and Tanjong Katong Road. The highest bid of $1,302.26 psf ppr came from City Developments which was at the upper range forecast by property consultants.  The 210,622 sqft Jalan Tembusu site is about …

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High Point Condo EN BLOC, FIRST casualty of the new cooling measures?

According to news reports, Shun Tak is said to have pulled out of the en-bloc purchase and forfeited its $1 million deposit. If this purchase had gone through, it would be the Hong Kong group’s fifth acquisition in downtown Singapore in 5 years.  The land price for the site translated to $2,537 per square foot …

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CanningHill Piers Condo Sales Launch

The luxury integrated development, CanningHill Piers, saw robust demand for its 696-unit residences up for sale during the weekend sales launch with 77% of the units sold. Prices start from $2,836 psf and a one-bedroom unit from $1.16 million. The 696-unit residential portion is part of an integrated development that includes CanningHill Square with F&B …

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Watten Estate Condominium – Biggest Collective Sale To Date IN 2021

A UOL-SingLand joint venture have successfully won a tender to purchase Watten Estate Condominium (WEC) for $550.8 million. This deal is a 10.2 percent premium to the $500 million minimum price announced by the property’s marketing agent JLL in September 2021.  WEC’s last en bloc attempt was launched in July 2019 at a reserve price …

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Lentor Hills and Jalan Tembusu Residential Sites For Sale

The 3 residential sites that are launched for sale include Parcel A and Parcel B at Lentor Hills Road and one parcel at Jalan Tembusu. The sites are released under the second half 2021 Government Land Sales (GLS) Programme. Confirmed list sites are launched according to schedule regardless of demand while land parcels under the …

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Marina View Land Sale

The white site at Marina View was triggered for launch by the unit of Malaysian IOI Properties Group and eventually was the sole bidder for the 99-year leasehold plot.  The white site is intended for a mixed-use development with residential, hotel and commercial and/or serviced apartments. It can yield 905 private homes, 2,000 sqm in …

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Slim Barracks Rise Land Sales

Both land parcels attracted 10 bids each with Parcel A won by EL Development at $1,246 psf and Parcel B was won by Kingsford Development with a winning bid of $1,210 psf. Parcel A can yield an estimated 265 units while Parcel B can yield an estimated 140 units. As both sites are in close …

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COVID-19 CIRCUIT-BREAKER MEASURES

All showflat galleries will be closed from 7 April 2020 to 4 May 2020 (both dates inclusive). If you are interested to get more information or book a unit, we are still contactable via all modes of contact.

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