developer sales

Midtown Modern debuts “Sky-Bungalows” priced between S$15.5 million and S$17 million apiece

Developer GuocoLand has introduced a collection of 6 expansive, double-story houses at Midtown Modern condominium in Bugis priced between S$15.5 million and S$17 million each, or between S$4,287 and S$4,701 per square foot (psf). Known as the "Midtown Modern Sky-Bungalow Collection", the units were built by stacking together 4-bedroom premium apartments, an option the developer had presented at the...

List of brand new homes ready for occupation in 2022

Looking for a property directly from the developer for your own stay or immediate rental returns? Below is a list of new launches in Core Central Region (CCR), Rest of Central Region (RCR) and the Outside Central Region (OCR) that has completed or are scheduled to complete in year 2022. Core Central Region (CCR) The Hyde The Hyde is perfectly situated on Balmoral Road, in front of Goodwood...

Eight exciting new launches to look out for in 2022 and beyond

After a strong 2021 where total transaction volumes for new launch private non-landed properties amounted to 12,574 for the whole year (a 34 per cent increase y-o-y), what are the next highly anticipated new launches for 2022? The Singapore property market had a robust 2021 with private residential transactions at 28,734 units (excluding ECs), a large 57 per cent increase from 2020, when a total 18,295...

Singapore new private home sales plunge 51.7% in October after new curbs

New private home sales in Singapore plunged more than 50 per cent in October amid a dearth of fresh projects and restrictions on the reissue of options to purchase (OTP). Private developers sold 642 units, excluding executive condominiums (ECs), in October, data from the Urban Redevelopment Authority (URA) showed on Monday (Nov 16). This is down 51.7 per cent from September's more than two-year high...

New private home sales in Singapore plunge 51.7% in October after new curbs

New private home sales in Singapore plunged more than 50 per cent in October amid a dearth of fresh projects and restrictions on the reissue of options to purchase (OTP). Private developers sold 642 units, excluding executive condominiums (ECs), in October, data from the Urban Redevelopment Authority (URA) showed on Monday (Nov 16). This is down 51.7 per cent from September's more-than-two-year high...

Property developers given 6 more months of relief for projects disrupted by Covid-19

There will be more temporary relief measures for property developers whose construction schedules have been affected by the Covid-19 crisis. The Government said on Thursday (Oct 8) that developers have six more months to complete residential, commercial and industrial development projects, for instance, and the added measures will take effect immediately. A first round of measures was announced in...

Developers no longer allowed to reissue option to purchase to buyers without approval

Private property sellers will no longer be able to solely extend the period of time for a prospective buyer’s option to purchase (OTP) a residential unit, a circular by the Urban Redevelopment Authority (URA) said on Monday (Sept 28). An OTP is usually a three-week period when a buyer books his right to purchase a property from a developer in return for a cash payment, which is up to a hefty 5 per...

Penrose condo early-bird prices start from S$788,000 at preview this weekend

A 99-years leasehold condominium jointly developed by Hong Leong Holdings and City Developments Limited will begin previews by appointment from Sept 12, Hong Leong Group said in a statement on Wednesday. Early-bird prices for Penrose condominium, which is located at Sims Drive in District 14, start from S$788,000 for units with one bedroom, S$943,000 for those with two bedrooms, S$1.33 million for three...

Singapore new home sales rise in July, up for third straight month

Private developers sold 1,080 new homes excluding executive condominiums (ECs) in July, a third straight month of growth. However, compared to July last year, private home sales volume fell 8.4 per cent from 1,179 units, according to data from the Urban Redevelopment Authority on Monday (Aug 17). On a month-on-month basis, July's sales marked an 8.2 per cent jump from the 998 units transacted in...

Singapore new home sales rise in July, up for third straight month

Private developers sold 1,080 new homes excluding executive condominiums (ECs) in July, a third straight month of growth. However, compared to July last year, private home sales volume fell 8.4 per cent from 1,179 units, according to data from the Urban Redevelopment Authority on Monday (Aug 17). On a month-on-month basis, July's sales marked an 8.2 per cent jump from the 998 units transacted in...

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