NEWSJune 26, 2026
What's moving the market: Singapore's biggest property deals and hottest searches (June 26)
- Union Square Residences led new-launch condo sales in Singapore, reflecting robust demand for centrally located projects with strong amenities.
- The Orchard Residences saw a record high-priced non-landed unit transaction, with its spacious floorplate setting a benchmark for luxury segment performance.
- Sims Urban Oasis topped resale condo transaction volume, outpacing D’Leedon and Bartley Ridge, signalling persistent buyer interest in city-fringe developments.
NEWSJune 26, 2026
Alia Ballout: Aspiring lawyer who quit rat race to build her olive oil brand
- Alia Ballout secured a 714 sq ft studio at Delta House, Singapore’s first olive oil packing facility, after subletting from fellow tenants.
- Despite initial rejection, Beît Ballout olive oil is now stocked at all eight Little Farms outlets, reflecting growing demand for premium, authentic products.
- Supply chain disruptions from Middle East conflict have made her last shipment via the Strait of Hormuz especially valuable, highlighting operational risks for niche importers.
NEWSJune 26, 2026
Lentor Gardens Residences: Well-positioned for Singapore's northern growth corridor
- Lentor Gardens Residences’ 499-unit project features two-bedroom units sized 646 to 732 sq ft, appealing to young families and investors.
- Developer confidence in Lentor’s growth is underscored by multiple competitive bids for the eighth Lentor GLS site, reflecting robust demand.
- With direct access to the Thomson–East Coast Line and proximity to the North–South Corridor, Lentor Gardens leverages superior connectivity for future value.
NEWSJune 26, 2026
Redevelopment potential puts ageing GCBs back in the spotlight
- The 9,500 sq ft Swiss Club Road GCB sits on a sprawling 22,615 sq ft freehold plot, offering significant redevelopment flexibility.
- Oei Tiong Ham Park’s $35 million asking price marks an 18.2% reduction, now at $2,336 psf, undercutting recent District 10 GCB deals.
- The $55.88 million Lornie Road GCB’s 32,824 sq ft site stands out as one of Caldecott Hill’s last subdividable plots above 30,000 sq ft.
NEWSJune 25, 2026
JustCo to bring The Boring Office to Singapore CBD at Cecil Street building
- JustCo’s The Boring Office will offer 130 workstations on level nine of The Octagon, targeting cost-conscious small teams seeking flexibility.
- By situating its essentials-focused brand at The Octagon, a 25-storey freehold near four MRT stations, JustCo leverages prime CBD connectivity without premium pricing.
- This marks The Boring Office’s first CBD location, expanding from MacDonald House and reflecting JustCo’s Asia Pacific growth strategy post-SGX listing.
NEWSJune 25, 2026
Rally Clubhouse opens for coffees, workshops, live music, dinners as Zouk expands beyond nightlife
- Zouk Group’s Rally Clubhouse debuts at Clarke Quay, offering a 120-guest capacity space with indoor-outdoor seating and diverse programming.
- Replacing Redtail cocktail bar, Rally Clubhouse reflects Zouk’s strategic pivot toward all-day, community-driven venues amid Singapore’s evolving entertainment landscape.
- With gourmet sandwich brand Korio on-site and late-night hours until 4am on weekends, Rally targets both daytime diners and nocturnal crowds.
NEWSJune 25, 2026
Singapore office rents rise for sixth consecutive quarter amid global uncertainties: CBRE
- Singapore’s core CBD Grade A office rents climbed 0.8% quarter-on-quarter to $12.50 psf monthly in 2Q2026, driven by shrinking vacancies and limited new supply.
- With core CBD vacancy rates dropping to 3.3% and no new completions expected through 2027, structural undersupply is set to sustain upward rental pressure.
- The withdrawal of HarbourFront Centre for redevelopment and robust take-up in decentralised submarkets like Alexandra and Paya Lebar further tightened islandwide office vacancy to 3.6%.
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.
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