NEWSJune 25, 2026
Seller at Rivergate condo in District 9 scores $2.35 mil profit
- A 2,077 sq ft four-bedroom Rivergate unit in Robertson Quay fetched $6.29 million, yielding the seller a robust $2.35 million profit.
- Costa Del Sol’s latest four-bedder resale at $3.35 million set a new project profit record, surpassing the previous $1.95 million gain.
- Reflections at Keppel Bay saw 17 out of 28 resale deals this year incur losses, highlighting persistent headwinds for this 99-year leasehold project.
NEWSJune 25, 2026
Resale three-bedder drives Stirling Residences to psf-price high of $2,800
- A 1,055 sq ft three-bedroom unit at Stirling Residences set a new record at $2,800 psf, reflecting robust demand for high-floor, well-sized apartments in District 3.
- Stirling Residences’ latest psf high eclipses its previous $2,767 psf benchmark, underscoring accelerating price momentum within this 99-year leasehold project.
- With average resale prices climbing from $2,279 psf in 2023 to $2,461 psf this year, Stirling Residences demonstrates sustained upward price trajectory amid limited new supply.
NEWSJune 25, 2026
Freehold conservation shophouse along Desker Road up for sale at $7 mil
- A freehold conservation shophouse at 96 Desker Road, spanning 2,200 sq ft, is marketed at $7 million, offering immediate rental income.
- The $3,181 psf guide price notably exceeds typical shophouse benchmarks in Rochor, reflecting strong demand for well-located commercial assets.
- Proximity to City Square Mall and MRT stations enhances the shophouse’s appeal, while eligibility for foreign buyers broadens its potential investor base.
NEWSJune 25, 2026
Smaller residential GLS sites released at Lorong Puntong/Sin Ming Ave and Kitchener Link
- The Lorong Puntong/Sin Ming Avenue site, spanning 4,283 sq m and yielding 140 units, offers developers a lower-risk, manageable entry point.
- With the last Bishan GLS sale in 2015 and only one new launch since, pent-up demand and limited supply could drive strong bidding interest.
- Analysts expect bids around $1,400–$1,500 psf ppr, reflecting bullish sentiment for this centrally located, amenity-rich Bishan plot near Bright Hill MRT.
NEWSJune 25, 2026
Rare strata townhouse in Bedok offered in mortgagee sale at $3.78 mil
- A rare 3,563 sq ft five-bedroom strata townhouse at Eco, Bedok South, entered mortgagee sale at $3.78 million.
- The $1,061 psf guide price marks a notable premium over its 2016 developer sale at $870 psf, reflecting robust appreciation.
- Recent Eco townhouse transactions ranged from $956 to $1,181 psf, positioning this unit’s pricing competitively within the development’s limited 34-townhouse supply.
NEWSJune 25, 2026
Frasers Property may redevelop Valley Point site after restructuring $2.1 bil in hospitality assets
- Frasers Property’s full ownership of Fraser Suites Singapore, a 255-key luxury residence, enables potential redevelopment of Valley Point into 417 homes and commercial space.
- The $2.1 billion hospitality asset restructuring will reduce FP’s on-balance sheet exposure from $3.7 billion to $2.5 billion, enhancing capital efficiency.
- Compared to previous asset management, FP’s plan unlocks capital from five stabilised properties valued at $1.1 billion, while retaining upside in higher-yield assets.
NEWSJune 25, 2026
Aman Singapore unveils Sky Villas atop Singapore’s future tallest building
- Aman Singapore’s Sky Villas, each spanning over 18,299 sq ft, crown The Skywaters as the city’s most exclusive residential offering.
- With fewer than 30 branded residences and amenities like private pools and a members-only club, the project targets Singapore’s ultra-luxury segment.
- Launching atop the future tallest building at 305m, these homes set a new benchmark for integrated mixed-use developments in Singapore’s CBD.
NEWSJune 25, 2026
Beyond the transaction: Asia's scam centres and the growing case for smarter due diligence
- Southeast Asian scam syndicates increasingly use property—ranging from rural compounds to luxury condos—as both operational bases and laundering vehicles, complicating oversight.
- Singapore’s 2025 Anti-Money Laundering Act now requires real estate agents to scrutinise not just their clients but also unrepresented counterparties, reflecting regulatory adaptation to layered ownership structures.
- With Singapore scam victims losing S$913 million in 2025, the scale of illicit flows underscores why static KYC checks are inadequate against evolving, cross-border laundering tactics.
NEWSJune 25, 2026
Crowne Plaza Changi Airport hotel to change hands for $500 mil, buyers eye AEI works
- OUE and Tokyo Century’s $500 million acquisition of the 575-room Crowne Plaza Changi Airport, comprising a 332-room main building and 243-room extension, underscores their intent to pursue asset enhancement initiatives and leverage direct airport connectivity.
- The deal’s 1.3% premium over independent valuations by Cushman & Wakefield and JLL signals investor confidence in Singapore’s hospitality sector and Changi’s expansion prospects.
- OUE Reit’s divestment unlocks $498.5 million in net cash, allowing debt repayment while sidestepping future capital expenditure and operational risks tied to lease expiry in 2028.
NEWSJune 24, 2026
Lukewarm demand for some BTO flats at Ang Mo Kio, Sembawang in June 2026 sales exercise
- Bukit Merah’s 1,976-unit Berlayar Rise Prime project drew 8,824 applications, accounting for nearly 40% of total June 2026 BTO demand, underscoring strong locational pull near Telok Blangah MRT.
- Application rates for Ang Mo Kio’s Plus projects, such as Kebun Baru Breeze, fell sharply to just over one for four-room flats, a stark drop from 8.6 in 2020, reflecting waning appeal despite proximity to Mayflower MRT.
- Sembawang’s steady BTO supply—3,985 flats launched this year with 1,310 more coming—has tempered demand, as first-timer family application rates for three-room and larger flats at Sembawang Portico and Brook remained below one.
NEWSJune 24, 2026
JLL appoints Matt Bennion as Apac head of project and development services
- JLL has named Matt Bennion as Asia Pacific head of project and development services, leveraging his 30 years’ sector experience.
- Bennion, previously CEO of Thrive-AI and Arcadis Asia, will drive JLL’s integrated project management and technical advisory offerings from Singapore.
- Succeeding Martin Hinge after his retirement, Bennion’s appointment signals JLL’s intent to strengthen leadership amid rising demand for sustainable real estate solutions.
NEWSJune 24, 2026
Three-room flat at Dawson Road sets new Queenstown record at $920,000
- A 63 sq m three-room flat at 96 Dawson Road fetched $920,000, setting a new Queenstown record for its size.
- The $1,357 psf achieved at 96 Dawson Road nearly matches the $1,364 psf benchmark set by Boon Tiong Road.
- Surpassing a $900,000 sale at 95 Dawson Road, this transaction underscores sustained demand for premium Queenstown HDB units.
NEWSJune 24, 2026
Spark by Hilton makes Apac debut with two India hotels
- Hilton’s Spark brand entered Asia Pacific with 82-key Bengaluru and 64-key Goa hotels, targeting India’s value-conscious travellers.
- The licensing deal with Olive Hospitality aims for 150 Spark by Hilton properties across India, reflecting aggressive supply expansion in both business and leisure hubs.
- Spark by Hilton’s India rollout leverages localised amenities like DIY dosa stations, differentiating it from over 240 global Spark hotels in the US, UK, and Canada.
NEWSJune 24, 2026
M&G bets on senior living as AI drives new divides in property markets
- M&G Real Estate’s 49.9% stake in Melbourne’s Halcyon Evergreen and Jardin will deliver 573 purpose-built senior homes with resort-style amenities from 2028, reflecting rising demand for independent living.
- Australia’s land lease model, which lowers upfront costs and offers recurring income, is gaining traction as seniors seek aspirational, community-focused retirement options, outpacing traditional care homes.
- Compared to Japan and South Korea, where senior living remains fragmented or elite-priced, Australia’s market offers clearer regulatory frameworks and stronger social acceptance, supporting M&G’s strategic expansion.
NEWSJune 23, 2026
Property market turns pessimistic amid Middle East crisis: NUS
- Singapore’s real estate sentiment, as measured by NUS’s Composite Index, fell to 4.9 in 1Q2026 amid Middle East-driven macroeconomic uncertainty.
- Suburban residential outperformed other segments, with both current and future net balances at +15%, reflecting measured confidence despite broader market pessimism.
- Compared to the previous quarter, prime residential’s current net balance plunged from 41% to just 5%, highlighting its vulnerability to global capital shifts.
NEWSJune 23, 2026
Why being a 'late mover' in Lentor could work in buyers' favour
- Lentor Gardens Residences, with about 500 units, enters a matured Lentor precinct where nearly 99% of earlier stock is absorbed.
- Kingsford Group secured Lentor Gardens at $920 psf ppr, the lowest land rate among Lentor GLS sites, offering pricing flexibility.
- Profitable subsales at Lentor Modern averaged $313,600, with three-bedroom units (1,130 sq ft) seeing annualised returns of 4.9%.
NEWSJune 23, 2026
Freehold shophouse on South Bridge Road for sale at $33.4 mil
- A five-storey, 6,430 sq ft freehold shophouse at 42 South Bridge Road is for sale at $33.4 million.
- With a guide price of $5,200 psf, the shophouse’s valuation reflects strong demand for prime CBD commercial assets.
- URA’s regulatory shift enabling new hospitality uses in Upper Circular Road could boost rental growth and capital values nearby.
NEWSJune 23, 2026
Hotel, office conversions increasingly driving Apac living sector supply
- Hong Kong’s hotel conversions, with per-key prices discounted 30–60% from original cost, are reshaping living sector supply.
- Brisbane’s 41 George Street, a 1,180-bed student dorm converted from a B-grade office, highlights asset repurposing scale.
- Seoul’s officetel conversions into co-living assets attract institutional backing, reflecting investor appetite for value-add and cost-efficient alternatives.
NEWSJune 22, 2026
Industrial building at Hoy Fatt Road in Alexandra area for sale at $35 mil
- Bryton House, a six-storey industrial asset at 12 Hoy Fatt Road, is offered at $35 million, reflecting $620 psf.
- With 56,445 sq ft of gross floor area and full occupancy, the property’s flexible spaces support diverse tenants and future yield enhancement.
- The guide price notably exceeds its 2013 sale at $27 million, underscoring Alexandra’s rising industrial values amid robust self-storage demand.
NEWSJune 22, 2026
Pharmaceutical manufacturing facility in Tuas for sale at $90 mil
- A pharmaceutical manufacturing facility spanning 397,387 sq ft GFA in Tuas Biomedical Park is offered for sale at $90 million, presenting a rare large-scale plug-and-play opportunity with 32 years remaining on its lease.
- With approximately 535,000 sq ft of untapped GFA, the Tuas South Avenue 6 site offers significant expansion potential, appealing to investors seeking scalable industrial assets in Singapore’s biomedical hub.
- The $90 million indicative price comes as Singapore’s biomedical manufacturing fixed asset investments nearly doubled year-on-year to $4.4 billion, underscoring robust sectoral demand and government-backed growth momentum.
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