NEWSJune 16, 2026
$115 mil R&D boost for land use, urban heat and liveability; new climate alliance led by CDL
- Singapore’s $115.4 million R&D injection targets land optimisation, urban heat, and liveability, with $39.4 million dedicated to underground and sea space resilience.
- The new Cities of Tomorrow funding phase, following an initial $150 million in 2017, underscores Singapore’s ongoing commitment to sustainable urban innovation.
- CDL’s launch of the Saving Glaciers and Oceans Alliance at the World Cities Summit unites 35 countries, amplifying global climate action from Singapore’s real estate sector.
NEWSJune 16, 2026
Freehold residential site in Siglap for sale at $28 mil
- A 13,523 sq ft freehold site at Jalan Ulu Siglap, currently housing a nursing home, is offered at $28 million, reflecting its redevelopment appeal.
- The $2,070 psf guide price notably exceeds typical landed housing rates in the Siglap enclave, underscoring robust demand for prime freehold plots.
- Proximity to Siglap MRT and retail amenities, plus a regular 26m frontage, positions this site as a strategic acquisition for developers.
NEWSJune 16, 2026
Elite UK Reit to acquire five properties for GBP31.9 mil; convert Dundee asset into student accommodation
- Elite UK Reit is acquiring five fully leased UK government properties for GBP31.9 million, boosting 2025 pro forma DPU by 1.3%.
- The GBP19 million conversion of Lindsay House in Dundee will deliver 170 student beds with amenities near two universities by 2027.
- Compared to its existing 147-asset portfolio, this deal underscores Elite UK Reit’s ongoing expansion into resilient, income-generating UK regional assets.
NEWSJune 16, 2026
Turning historic properties into vibrant, inclusive community spaces: World Cities Summit 2026
- The Empire Theatre in Toowoomba, seating 1,561, exemplifies how adaptive reuse of large heritage assets can anchor vibrant cultural precincts.
- Compared to new builds, restoring historic properties like Temasek Shophouse on Orchard Road demands higher upfront costs but delivers enduring social value.
- Coimbra’s real estate fund, with municipal majority control, channels investment into rejuvenating abandoned heritage sites, supporting affordable housing and urban revitalisation.
NEWSJune 16, 2026
New build Gallop Park Road bungalow for sale at $49 mil
- The proposed Gallop Park Road bungalow, spanning 25,200 sq ft built-up area, offers five ensuite bedrooms and premium entertainment amenities.
- At $3,304 psf, the $49 million asking price sits below last year’s $3,557 psf GCB benchmark in the same enclave.
- With only one caveated sale in the tightly held Gallop Road-Woollerton Park GCB area this year, supply scarcity underpins the listing’s strategic appeal.
NEWSJune 15, 2026
Building liveable, resilient cities through partnership and adaptation: World Cities Summit 2026
- Singapore’s World Cities Summit 2026 convened leaders from 103 cities, highlighting Age Well SG’s neighbourhood-based approach to senior living and integrated services.
- The Liu Thai Ker Distinguished Speaker Series, co-organised by URA and HDB, will spotlight community-centric design and sustainable city-building, with its inaugural session later this year.
- New initiatives to coordinate Singapore’s underground utilities, including a centralised submission portal, aim to reduce costly project delays and repeated road openings.
NEWSJune 15, 2026
Conrad Kobe to debut in 2030, marking Hilton’s first property in Japan’s Hyogo Prefecture
- Hilton will manage the 136-key Conrad Kobe atop a new mixed-use high-rise, featuring a 5,382 sq ft ballroom and direct subway access.
- As Hilton’s first Hyogo Prefecture property, Conrad Kobe expands the brand’s Kansai presence, joining Conrad Tokyo, Osaka, Nagoya, and Yokohama.
- The project’s integration within Kobe City Hall Building No. 2’s redevelopment signals sustained hospitality investment and confidence in Kobe’s international gateway status.
NEWSJune 15, 2026
The AI-powered agent: How Keith Tan is building the next real estate playbook
- Keith Tan leverages AI to market an 8,553 sq ft freehold detached home in District 10, targeting multi-generational families seeking privacy and proximity to top schools.
- By generating personalised comparative reports within minutes, Tan helps buyers evaluate options like Newport Residences’ two-bedroom-plus-study, accelerating decision-making and boosting client confidence.
- Unlike agents relying solely on content automation, Tan builds AI-driven systems that streamline workflows, enabling his team to deliver faster, more tailored property advice in Singapore’s competitive market.
NEWSJune 15, 2026
New home sales plunge 71.1% m-o-m in May, with 447 units sold
- New private home sales in Singapore plunged 71.1% month-on-month to 447 units in May, as developers launched just 357 units, reflecting a sharp supply contraction.
- Hudson Place Residences, a 327-unit project at Media Circle, dominated May’s market by selling 209 units at a median $2,465 psf, underscoring robust demand for well-located RCR assets.
- Despite subdued luxury sales—only nine units between $5 million and $10 million sold, down from 26 in April—analysts expect prices to rise 2–5% for 2026, driven by upcoming launches and resilient underlying demand.
NEWSJune 15, 2026
SJ Group announces strategic collaborations to advance cognitive cities
- SJ Group inked two MOUs at Singapore’s World Cities Summit, including a two-year Abu Dhabi partnership targeting integrated, digitally enabled urban systems.
- By collaborating with Singapore’s Centre for Liveable Cities, SJ Group aims to shape global cognitive city discourse through joint research and practical guidance for city leaders.
- The initiative’s focus on digital governance, climate resilience, and decarbonisation signals a strategic shift beyond smart cities toward more regenerative, human-centric urban environments.
NEWSJune 15, 2026
HDB shophouses in Toa Payoh and Kovan up for sale at $5.5 mil and $5.3 mil
- Two HDB shophouses in Toa Payoh and Kovan, sized 1,345 sq ft and 1,798 sq ft respectively, have been launched for sale, offering flexible commercial and residential use.
- The Kovan shophouse’s $5.3 million price tag reflects its strategic location opposite the 586-unit Kovan Wellspring BTO project and just 150m from Kovan MRT.
- With 44 and 57 years left on their leases, these shophouses offer longer tenures than many comparable HDB commercial assets currently on the market.
NEWSJune 15, 2026
Retail and living assets may gain from AI, while offices face greater downside risks: study
- Cushman & Wakefield’s study finds AI will widen performance gaps, with retail and living assets benefiting from rising household incomes and productivity, while offices face greater downside risk from flexible leasing and potential vacancies.
- In Asia Pacific, AI’s impact on real estate will be slower and more uneven due to diverse economies and varying digital adoption, with infrastructure investment and urbanisation shaping demand more than AI alone.
- The report highlights that prime, experience-based retail in high-income, talent-rich locations will outperform, as mid-tier retail faces structural challenges and supply constraints drive investment outcomes more than automation.
NEWSJune 14, 2026
Li Ka-shing's CK Asset sets 2026 Hong Kong record with US$46.2 million Mid-Levels penthouse sale
- CK Asset’s sale of a 2,911 sq ft Mid-Levels penthouse at 21 Borrett Road highlights robust demand for ultra-luxury, large-format residences.
- Achieving HK$124,356 psf, this transaction set a 2026 first-hand price record, more than doubling May’s Pavilia Rosa benchmark of HK$56,866 psf.
- With 93 homes above HK$100 million sold in early 2026 versus 37 last year, Hong Kong’s luxury market is surging amid global wealth inflows.
NEWSJune 13, 2026
A pair of shophouses at 57-59 East Coast Road hits market at $16 mil
- The adjoining shophouses at 57-59 East Coast Road, spanning 4,500 sq ft, offer immediate rental income and redevelopment upside.
- Priced at $3,556 psf, the assets trail the $3,990 psf achieved by 199 East Coast Road in January 2026, highlighting value.
- Located opposite Katong Plaza’s $180 million hotel redevelopment, the properties benefit from rising hospitality demand and vibrant lifestyle amenities nearby.
NEWSJune 12, 2026
From athlete to coach: Renee Sim builds relationships, not just transactions
- Renee Sim, a former national athlete, leads a PropNex team in Singapore focused on trust and long-term client relationships, not just transactions.
- Sim’s leadership at major projects like W Residences @ Marina View and Penrith highlights her emphasis on team development over mass recruitment.
- By encouraging associates to specialise across HDB, commercial, and international segments, Sim fosters expertise and collaboration rather than creating agent clones.
NEWSJune 12, 2026
How Jesslyn Seah is reframing property for the next generation, from roof to legacy
- Jesslyn Seah’s advisory pivots Singaporean parents from traditional homeownership to asset growth, highlighting her own $400,000 HDB gain versus higher private market returns.
- Seah’s strategy emphasises early restructuring, warning that CPF accrued interest can erode proceeds, especially for flats with limited appreciation, leaving some owners with negative sales outcomes.
- Drawing on 15 years and 500 families advised, Seah’s “Our Next Chapter” approach prioritises legacy planning and long-term wealth over one-off property transactions.
NEWSJune 12, 2026
What's moving the market: Singapore's biggest property deals and hottest searches (June 12)
- A four-bedroom, 1,313 sq ft HDB flat at Skyterrace @ Dawson sold for $1.65 million, underscoring robust demand for premium public housing.
- Grange Residences’ $8.4 million resale at $3,252 psf trails its own $3,611 psf record set earlier in May, highlighting ongoing price resilience in District 10.
- Tengah Garden Residences, the first private condo in Tengah New Town, achieved a near-99% launch take-up rate, reflecting strong buyer appetite for early-mover suburban projects.
NEWSJune 12, 2026
Property agents rack up most offences for due diligence, advertising, HDB eligibility failures
- CEA’s latest data reveals 201 enforcement actions against Singapore property agents in three years, with due diligence failures topping 70 cases.
- Repeat offenders, including one agent fined $6,000 for handling transaction monies, highlight persistent breaches despite disciplinary measures and public register transparency.
- ERA Realty Network and PropNex Realty, Singapore’s largest agencies by headcount, saw the highest number of agent offences, recording 68 and 64 cases respectively.
NEWSJune 12, 2026
A highland haven that stays with you — Breeze Hill, Tropicana Avalon rises within Genting Highlands' midhills
- Tropicana Corporation’s Breeze Hill in Genting Highlands introduces 1,722 fully furnished units from 431 to 975 sq ft, targeting both investors and families seeking seamless highland living.
- With freehold tenure and GreenRE certification, Breeze Hill stands out among highland developments, offering over 50 wellness-focused amenities and a self-sustaining retail ecosystem.
- Priced from RM429,000, Breeze Hill’s entry point undercuts many city condominiums, while its integrated township model redefines highland property as a year-round residential address.
NEWSJune 12, 2026
Sake Festival Singapore returns with over 600 labels and 40 Japanese breweries
- Sake Festival Singapore returns to Suntec with over 600 labels and 40 Japanese breweries, highlighting rare pours and direct brewer engagement.
- The 2024 festival introduces a Workshop Arena featuring complimentary sessions by Dassai and Suntory Toki, plus sommelier-led tours for deeper appreciation.
- Expanded Izakaya Alley, operated by Tanjong Pagar Yokocho chefs, offers traditional dishes like oden and karaage, enhancing the event’s culinary appeal.
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