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News
Higher income ceilings to lift demand for new flats
8+ hour, 33+ min ago (562+ words) The changes are seen as a timely recalibration after seven years of income growth. Property analysts expect Singapore’s higher housing income ceilings to expand demand for new HDB flats and executive condominiums (ECs), but they offered differing views on the…...
1 in 2 HDB flat owners eye private homes but budgets are tight
1+ week, 6+ day ago (475+ words) About 59% have a budget below $1.5m, and only 7.9% have a budget above $2.5m. Over 1 in 2 HDB flat owners hope to upgrade to private housing one day, but budgets are tight, according to a poll by PropNex. In a survey of 1,533 flat owners…...
Rumavi takes aim at relocation, property advice
2+ week, 5+ day ago (411+ words) The startup plans to enter four more Asian markets within 18 months. Rumavi Pte. Ltd. is building an advisory service for foreigners looking to move, invest or buy property in Southeast Asia, seeking to distinguish itself from property portals by screening…...
CBD office vacancy falls to 5.6% as rents hit record
3+ week, 4+ day ago (603+ words) Grade A rental growth forecast lifted to 5% as vacancy hit its lowest since Q3 2022.Grade A office vacancy rate in the Central Business District (CBD) fell 1.0 percentage point quarter on quarter (QoQ) to 5.6% in the second quarter (Q2), its lowest level since…...
Private housing demand to stay resilient in H2: analysts
4+ week, 1+ day ago (772+ words) Experts expect prices to rise by 2% to 5% in 2026, supported by domestic demand and upcoming launches. The private residential market is expected to remain resilient in the second half of 2026, although economic uncertainty, a weaker hiring outlook and additional housing supply…...
URA awards Dunearn Road site for $533 million
3+ mon, 2+ week ago (126+ words) The 99-year leasehold site can be developed for residential use, with commercial space on the first storey. The Urban Redevelopment Authority has awarded the tender for a land parcel at Dunearn Road to Winrich Investment Pte. Ltd. and Metrobilt Construction…...