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.
NEWSJune 11, 2026
CDL and Hong Leong JV submits top bid of $1,865 psf ppr for Peck Hay Road GLS site
- CDL and Hong Leong’s $542.4 million bid for the 59,347 sq ft Peck Hay Road GLS site signals bullish sentiment for prime CCR land.
- The $1,865 psf ppr winning bid outpaced the next highest by 8.4%, surpassing Bukit Timah Road’s 2025 benchmark of $1,820 psf ppr.
- With only two CCR GLS sites yielding 720 units in 2H2026, limited supply is intensifying competition for centrally located parcels.
NEWSJune 11, 2026
'Diversify or die out': Singapore nightlife finds new ground as partygoers seek curated experiences
- Singapore’s nightlife is shifting from Clarke Quay’s traditional clubs to hybrid venues like the 18,000 sq ft COTU at CapitaGreen, reflecting operators’ need to maximise space and diversify offerings.
- Rents for nightlife spaces in Clarke Quay and the CBD, at $9–$15 psf monthly for units over 3,000 sq ft, remain below retail and F&B benchmarks, supporting continued experimentation despite squeezed margins.
- The rise of daytime, wellness-focused events—such as Rave4Cake at Coliwoo Midtown—mirrors Gen Z’s preference for curated, community-driven experiences over mainstream late-night partying.
NEWSJune 11, 2026
Record-setting sale lifts Bijou to new high of $2,561 psf
- A 753 sq ft one-bedder at Bijou sold for $1.93 million, setting a new record of $2,561 psf in District 5.
- Bijou’s latest psf high surpasses its 2014 launch peak of $2,538 psf, reflecting renewed demand for boutique freehold projects.
- Marina One Residences saw its first sub-$1,700 psf deal, with a 786 sq ft unit transacted at $1,680 psf, highlighting downward price pressure.
NEWSJune 11, 2026
Singapore tops Savills' business environment rankings in 2026 Nearshoring Index
- Singapore’s top business environment ranking in Savills’ 2026 Nearshoring Index reflects its robust logistics infrastructure and absence of trade barriers, reinforcing its regional hub status.
- Despite US tariffs impacting the region, Singapore’s resilient demand for ramp-up logistics and temperature-controlled facilities is underpinned by controlled land supply, limiting oversupply risk.
- While Singapore leads Southeast Asia in business environment, Canada, Japan, and Taiwan outperformed overall by balancing resilience, cost, and ESG factors in the global index.
NEWSJune 11, 2026
Resale condo unit at Butterworth 8 scores $2.32 mil in profit
- A 1,776 sq ft four-bedroom unit at Butterworth 8 in District 15 fetched $3.6 million, yielding a $2.32 million profit.
- The Butterworth 8 transaction’s $2,027 psf price outpaced a March record, when a smaller three-bedder sold for $2.68 million.
- Despite Butterworth 8’s strong gains, Orchard Scotts saw a 2,508 sq ft unit incur a $2.4 million loss, highlighting divergent resale outcomes.
NEWSJune 11, 2026
The most valuable part of the warehouse is the floor
- Singapore’s industrial property market faces a new hierarchy as only floors laid to millimetre-level tolerances can support AMR fleets, making legacy warehouses functionally obsolete.
- Despite 22 consecutive quarters of rising industrial rents, retrofit-capable assets remain mispriced, often trading below replacement cost even though they can be upgraded for robotics.
- Amazon’s deployment of over one million mobile robots across 300 facilities demonstrates how robotics can triple productivity per worker, underscoring the strategic value of robot-ready warehouses.
NEWSJune 11, 2026
Property agents' and agencies' disciplinary records now more visible on CEA website; enforcement actions rise
- The Council for Estate Agencies’ revamped website now lets Singapore consumers easily review agents’ disciplinary records, with ERA Realty Network’s 8,648-strong team topping 2025 enforcement actions at 31 cases.
- Enforcement actions against property agents surged 34% to 82 cases in 2025, highlighting increased regulatory scrutiny and the need for greater industry professionalism.
- By consolidating three years of enforcement data and enabling agency size comparisons, CEA’s new platform empowers buyers to make more informed, transparent choices.
NEWSJune 10, 2026
Aw & Sons launches Mber, a purpose-built co-living and serviced residence in Serangoon
- Aw & Sons Capital’s Mber in Serangoon transforms 15 shophouses into 61 co-living and serviced units, targeting globally mobile residents.
- Launch rates for Mber’s three-bedroom serviced apartments start at $430 per night, positioning it above typical co-living options in Serangoon.
- With amenities like GYMber, co-working spaces, and rooftop gardens, Mber differentiates itself through a strong community focus and flexible minimum six-night stays.
NEWSJune 10, 2026
Finding the sweet spot in a first home: Can lifestyle and investment returns coexist?
- Claire and Wayne’s exhaustive search across 40 properties ended with a move-in-ready Seaside Residences unit, prized for its unobstructed seaview and auspicious feng shui.
- Their purchase price at Seaside Residences aligned with the project’s recent average of $2,375 psf, even as a two-bedder set a new record at $2,734 psf in March.
- As the newest 841-unit condo in Siglap, Seaside Residences offers a 207,851 sq ft site, ample amenities, and proximity to Siglap MRT, supporting long-term value.
NEWSJune 10, 2026
Stiffer competition for quality office space over next two years as supply narrows
- Singapore’s Grade A office rents surpassed $14 psf per month as limited new supply, notably the 450,000 sq ft Shaw Tower, intensifies competition.
- IOI Central Boulevard Towers, offering 1.26 million sq ft and 96% committed occupancy, exemplifies robust demand for premium Marina Bay offices with top-tier amenities.
- With only Shaw Tower and 39 Robinson Road adding significant space through 2027, tenants face tighter choices compared to previous supply cycles.
NEWSJune 9, 2026
Wee Hur buys Hong Kong office building One Bedford Place to reposition into student accommodation
- Wee Hur’s acquisition of the 184,000 sq ft One Bedford Place in Kowloon enables conversion into 500 student beds, addressing severe supply shortages.
- The HK$750 million purchase price for One Bedford Place reflects strategic positioning, as Hong Kong’s PBSA market faces a projected 120,000-bed shortfall by 2028.
- Wee Hur’s second Hong Kong student housing deal in a week underscores rising demand, with non-local student numbers reaching 92,000 for 2024/2025.
NEWSJune 9, 2026
Freehold shophouse on Jalan Pisang for sale at $9 mil
- A two-storey, 2,000 sq ft freehold shophouse at 6 Jalan Pisang is for sale at $9 million, reflecting Kampong Glam’s enduring appeal for heritage assets.
- With an asking price of $4,500 psf, this offering notably exceeds the $6.88 million achieved by a smaller unit last September, highlighting rising values beyond Haji Lane.
- Only four shophouse transactions have been caveated on Jalan Pisang since 2014, underscoring the rarity and tightly held nature of such assets in this evolving lifestyle enclave.
NEWSJune 9, 2026
EOI extended for North Bridge Road building sale following revised URA guidelines
- The six-storey, 17,729 sq ft commercial building at 402 North Bridge Road saw its EOI deadline extended as revised URA guidelines now permit hotel and serviced apartment use, broadening redevelopment potential.
- With a guide price of $70 million or $3,948 psf based on GFA, the property’s pricing reflects its prime location next to Raffles Hotel and proximity to major MRT interchanges.
- The URA’s policy shift, lifting restrictions in the Beach Road area, signals a pro-business stance likely to spur adaptive reuse interest and inject vibrancy into the district.
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