Marina One Residences one-bedder sets new psf low of $1,702

NEWSJune 6, 2026

A 764 sq ft one-bedroom at Marina One Residences sold for $1,702 psf, marking a new project-wide pricing low.
The unit’s sale price was 12.4% below Marina One’s 12-month average, highlighting significant downward pressure in the CBD market.
Despite its prime Marina Bay location and proximity to three MRT stations, the unit transacted 8.9% under District 1’s leasehold condo average.

NEWSJune 6, 2026

Paws in the mall: Pet-friendly programming draws shoppers, from Tanglin to Pasir Ris

Singapore malls like Tanglin and Pasir Ris are leveraging pet-friendly events, such as the 2026 Dog Fiesta Carnival, to attract wider, more diverse shopper demographics.
Allgreen's properties now feature permanent amenities like pet water fountains at Pasir Ris Mall’s central greenway, reflecting a strategic shift toward experiential retail and community engagement.
As malls compete increasingly on experience rather than tenant mix alone, pet-friendly amenities and events could become another way for landlords to differentiate their properties and strengthen ties with shoppers.

NEWSJune 5, 2026

Nigel Lee’s strategy turns property moves into long-term gains for home buyers and sellers

Nigel Lee’s client upgraded from a five-room Bukit Batok flat sold at $800,000 to a four-bedroom Pinetree Hill unit for $3.5 million, illustrating how strategic planning unlocks significant lifestyle and locational gains.
By guiding clients to buy based on projected future budgets, Lee helps avoid common regrets over unit size when projects reach TOP, a forward-looking approach rarely emphasised by typical agents.
Lee’s holistic strategy, blending affordability and timing, contrasts with agents focused solely on record prices, as seen when a Rivercove Residences seller achieved a record sale before upgrading to Lentor, inspiring further referrals.

NEWSJune 5, 2026

What's moving the market: Singapore's biggest property deals and hottest searches (June 5)

Skywaters Residences led non-landed private home transactions with a high-value deal, underscoring robust demand for prime units above 4,000 sq ft.
Parc Clematis topped resale condo volumes, reflecting sustained buyer interest in mature west-side locations compared to newer launches in Tengah.
HDB resale activity concentrated in Boon Lay and Canberra, highlighting ongoing demand for accessible suburban blocks amid limited new BTO supply.

NEWSJune 5, 2026

Thailand’s ownership crackdown reshapes foreign demand for Phuket and Koh Samui villas

Thailand’s crackdown on nominee ownership has slowed foreign villa purchases in Phuket and Koh Samui, prompting buyers to favour “protected leasehold structures” with 30-year terms and renewal rights.
Despite tighter regulations, Phuket’s villa segment—just 7% of residential stock but 31% of market value—remains attractive, with luxury supply in the US$4–8 million range increasingly scarce.
Recent deals include a custom Koh Samui villa spanning 22,000 sq ft and a 7,535 sq ft Phuket villa at US$1.6 million, reflecting ongoing demand for large, bespoke homes despite regulatory headwinds.

NEWSJune 5, 2026

From conversions to institutional asset class: The future of co-living in Singapore

Institutional investors are ramping up exposure to Singapore’s co-living sector, with 35% expecting allocations to rise over 30% in five years, reflecting growing conviction in its income stability and scalability.
Singapore’s co-living supply stands at about 10,000 professionally managed rooms—just 6% of the 190,000-unit private and HDB rental stock—highlighting significant headroom for sector expansion.
With private housing completions projected to average only 9,100 units annually from 2025–2029, well below the pre-pandemic 14,600-unit average, co-living’s role in addressing persistent rental supply constraints is set to grow.

NEWSJune 4, 2026

New record high of $2,881 psf at Tembusu Grand condo with sub-sale

Tembusu Grand’s 1,173 sq ft three-bedder sub-sale at $3.38 million set a new record of $2,881 psf, underscoring robust demand for larger units in Katong’s 99-year leasehold segment.
Nava Grove’s latest $2,804 psf transaction for a 786 sq ft two-bedder marks its second deal above $2,800 psf, reflecting sustained upward momentum from its November 2024 launch average of $2,448 psf.
Skywaters Residences saw its first sub-$5,800 psf deal as a 2,896 sq ft unit fetched $5,001 psf, highlighting softening sentiment in the ultra-luxury CBD segment despite integrated amenities and prime positioning.

NEWSJune 4, 2026

Seller rakes in $7.2 mil profit with apartment at Honolulu Tower in District 10

A 5,823 sq ft four-bedder at Honolulu Tower in District 10 sold for $14.2 million, yielding the seller a 102.9% profit after 16½ years.
The $2,438 psf achieved at Honolulu Tower’s latest resale far outstrips the $1,563 psf benchmark set by a similar unit in 2019.
Limited supply at boutique freehold projects like Garden Apartments and Honolulu Tower underpins strong resale gains, with both developments recording their highest-ever profits this cycle.

NEWSJune 4, 2026

Split-level, four-bedroom unit at iconic Pandan Valley condo up for mortgagee sale at $3.6 mil

A 2,562 sq ft split-level, four-bedroom Pandan Valley unit will be auctioned at $3.6 million, targeting space-seeking buyers.
The $1,405 psf guide price exceeds this year’s average resale of $1,325 psf, reflecting premium for unique layouts and freehold tenure.
Nine Pandan Valley units have transacted in 2024, with the latest—a 2,024 sq ft three-bedder—fetching $3.1 million in May.

NEWSJune 4, 2026

Gen Z appetite for experiential travel puts lifestyle hotels in spotlight, attracts investor interest

Gen Z’s preference for immersive, design-led travel is fuelling rapid lifestyle hotel growth in Asia Pacific, with supply expanding at a 19% CAGR from 2015 to 2025.
Despite lifestyle hotels’ room footprints being slightly smaller than traditional peers, their focus on striking design and communal spaces is drawing younger travellers seeking memorable, shareable experiences.
With lifestyle hotel penetration at just 1% in Apac versus 4% in the US, investors see significant headroom, especially as conversions outpace new builds amid rising construction costs.

NEWSJune 4, 2026

CapitaLand Ascendas REIT acquires logistic property at 5 Tuas Avenue 5 for $133.9 mil

CapitaLand Ascendas REIT’s $133.9 million purchase of 5 Tuas Avenue 5, a 539,922 sq ft logistics facility, secures stable income with a five-year weighted average lease expiry and annual 2% rental escalation.
Acquired at a 1.5% discount to independent valuation, the deal reflects disciplined pricing amid Singapore’s robust industrial demand and ongoing logistics infrastructure investment.
Strategically located near Tuas Mega Port and Jurong Port, the seven-storey ramp-up property enhances CLAR’s portfolio diversification, raising logistics assets to 26.2% of its $18.7 billion portfolio.

NEWSJune 4, 2026

Freehold District 9 apartment block Cavenagh Fortuna on the market for $60 mil

Cavenagh Fortuna, a freehold 26-unit block on 29,095 sq ft in District 9, is offered at $60 million, reflecting $2,599 psf net lettable area.
The property’s single-title structure enables flexible strategies, from co-living operations to redevelopment into about 40 units, appealing to diverse investor profiles.
Recent comparable sales include a Waterscape at Cavenagh unit at $1,978 psf and Hijauan at $2,001 psf, underscoring the enclave’s premium positioning.

NEWSJune 4, 2026

Feng shui analysis: Could your condo's layout strengthen leadership and prosperity?

A Singapore condo development with a rare rectangular site and protruding block, resembling an official seal, appeals to business leaders seeking authority and credibility.
The project’s L-shaped pool, reminiscent of a jade belt, visually links wealth and leadership elements, reinforcing prosperity and influence for residents.
Compared to typical urban layouts, this site’s grand preceptor’s chair configuration and treasure basin features offer enhanced stability, resource retention, and intergenerational appeal.

NEWSJune 3, 2026

The Assembly Place, TS Home to repurpose Phoenix Park into Singapore's largest co-living destination

The Assembly Place and TS Home will repurpose the 610,487 sq ft Phoenix Park, featuring 33 conserved colonial buildings, into Singapore’s largest co-living hub.
TS Home secured the master tenancy with a $404,888 monthly bid, outpacing six rivals, reflecting robust competition for prime heritage assets.
With over 700 keys planned, this project will boost TAP’s pipeline toward its 10,000-key 2030 target, reinforcing its market leadership.

NEWSJune 3, 2026

Cushman & Wakefield announces new Apac leadership appointments for capital markets team

Cushman & Wakefield elevated Josh Cullen, with over 20 years’ real estate experience, to lead Asia Pacific capital markets, aiming to deepen institutional investor ties.
The leadership reshuffle sees Gordon Marsden, previously Apac head, now overseeing global capital for both Apac and Emea, reflecting a strategic push for cross-border capital flows.
By promoting Cullen, formerly head for Australia and New Zealand, the firm signals intent to boost regional market share and revenue through enhanced connectivity and investor engagement.

NEWSJune 3, 2026

URA to offer nine sites under Confirmed List of 2H2026 GLS Programme

URA’s 2H2026 Confirmed List features nine sites, including a 2.82ha Berlayar Close plot for 695 units, reflecting strategic supply expansion.
The 4,745-unit supply is 3.7% above 1H2026’s 4,575 units, and 50% higher than the past decade’s annual average.
With the Orchard Boulevard site’s 110-unit yield and premium location, analysts expect up to eight bidders and a top bid near $1,700 psf ppr.

NEWSJune 3, 2026

Freehold residential property on Upper East Coast Road for sale at $14.1 mil

A freehold site spanning 8,830 sq ft at Upper East Coast Road is up for collective sale at $14.128 million, offering redevelopment potential for up to 11 apartments.
The $1,600 psf guide price reflects the site’s proximity to Siglap MRT and established amenities, with no land betterment charge due to its high development baseline.
Compared to recent leasehold launches in the vicinity, this freehold corner plot’s redevelopment flexibility and location near top schools could attract robust developer interest.

NEWSJune 3, 2026

Hilton to introduce LXR Hotels & Resorts brand in Tokyo and Hakone

Hilton will rebrand the 60-key Hotel Gajoen in Tokyo’s Meguro district, adding 5,700 sq m of event space and five dining venues.
The upcoming Hakone Gora property, featuring 94 rooms and outdoor onsen, marks Hilton’s strategic push into Japan’s luxury hot spring market.
With these Tokyo and Hakone launches, LXR Hotels & Resorts accelerates its Japan expansion, building on Roku Kyoto’s 2021 debut.

NEWSJune 2, 2026

At Temasek Shophouse, century-old buildings save energy, bees find shelter, and pavements cool

Temasek Shophouse’s 3,000 sq m outdoor transformation along Orchard Road pilots Climate Stone paving and hybrid cooling, demonstrating how century-old buildings can achieve up to 47% energy savings while supporting biodiversity.
The project’s adaptive reuse approach, including custom solar panel mounts and repurposed heritage materials, sets a new benchmark for integrating sustainability into conserved shophouses without compromising architectural character.
Compared to Singapore’s Super Low Energy standard of 40% savings, Temasek Shophouse’s anticipated 47% energy reduction highlights the potential for heritage properties to outperform new builds in environmental performance.

NEWSJune 2, 2026

Millennium reopens New York boutique hotel after revamp

Millennium Hotels and Resorts has relaunched its 124-room boutique property in Midtown Manhattan after a comprehensive renovation targeting business and leisure guests.
The refreshed Millennium Premier Hotel New York Times Square, steps from Broadway and Fifth Avenue, now features workspace-friendly rooms and a redesigned welcome lounge replacing the traditional check-in desk.
This reopening underscores MHR’s strategic commitment to US gateway cities, with the club lounge addition set for October 2026 enhancing guest amenities and competitive positioning.

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