NEWSJune 18, 2026
Zouk reopens Mainroom and Phuture with conference capabilities, readies new day-to-night space
- Zouk Group’s multimillion-dollar renovation at Clarke Quay has created modular venues, with Mainroom alone accommodating 1,939 guests for diverse events.
- The refreshed Zouk Mainroom and Phuture now feature conference-ready MICE capabilities, reflecting Singapore nightlife’s pivot toward versatile, experience-driven spaces.
- By integrating large-format 12m-wide LED walls and end-to-end screen technology, Zouk’s revamp sets a new technical benchmark for entertainment venues in the district.
NEWSJune 18, 2026
Sunway MCL-CSC Land Group JV tops bids for River Valley Green GLS site at $1,730 psf ppr
- Sunway MCL and CSC Land Group’s $750.57 million bid for River Valley Green Parcel C, spanning 123,958 sq ft, underscores developer confidence in prime District 9’s limited supply.
- The winning $1,730 psf ppr bid was 4.15% above the next highest, reflecting intensifying competition and bullish sentiment among major developers.
- With River Green and River Modern achieving over 93% sales at average prices above $3,100 psf, robust demand signals future CCR launches could surpass $3,600 psf.
NEWSJune 18, 2026
Freehold boutique landed home project Solstice debuts with prices from $4,406 psf, in District 11
- Brand New Land Group launched Solstice, four freehold terrace homes in District 11, with land sizes from 1,969 to 2,787 sq ft.
- With prices starting at $4,406 psf, Solstice’s launch sets a new benchmark for boutique landed homes in the Chancery enclave.
- Designed by Tellus Architects, Solstice’s three-storey homes offer private lifts, rooftop terraces, and pools, echoing Good Class Bungalow spatial principles.
NEWSJune 18, 2026
Duplex penthouse at Nassim Park Residences sold for $4.15 mil profit
- A 6,954 sq ft duplex penthouse at Nassim Park Residences fetched $22.95 million, delivering a $4.15 million profit to its seller.
- Nassim Park Residences continues its streak of lucrative resales, with all five recent transactions generating gains between $2.95 million and $7.26 million.
- Despite a $925,405 loss on a three-bedder at Reflections at Keppel Bay, 15 out of 25 resales there this year have been unprofitable, highlighting persistent downside risk.
NEWSJune 17, 2026
The hottest and coolest picks in the June and October BTO launches
- HDB’s June 2026 BTO launch released 6,952 flats across seven projects, including 2,520 units with shorter waiting times of about three years, supporting buyers needing faster access.
- Lakeview Cascadia in Bishan, the first public housing in Upper Thomson in over 40 years, is expected to command top prices but remain significantly cheaper than Bishan resale flats, which average $1.25 million for four-room units aged 10–20 years.
- Application rates for the June BTO exercise are projected at 3.1 to 3.5 times, mirroring February’s 3.2 times, with mature estates like Bishan, Bukit Merah, and Ang Mo Kio drawing robust demand due to limited new supply and strong amenities.
NEWSJune 17, 2026
What it will take to unlock investment in housing, infrastructure, urban resilience: World Cities Summit 2026
- Despite abundant global capital, cities like Singapore struggle to fund affordable housing and infrastructure due to fragmented, small-scale project pipelines.
- Speakers at World Cities Summit 2026 stressed that institutional investors seek scale, transparency, and predictable returns, not just high IRRs, highlighting the need for aggregated investible assets.
- Slum redevelopment, which monetises land while upgrading resident housing, exemplifies how structuring public goods as revenue-generating assets can unlock private investment.
NEWSJune 17, 2026
The Great Room workspaces to be rebranded as Industrious
- Industrious will rebrand The Great Room’s 12 Asia Pacific workspaces, including seven in Singapore, unifying its global portfolio.
- The rebranding follows CBRE’s full acquisition of Industrious in January 2025, signalling deeper integration and global expansion ambitions.
- With plans to grow its Apac portfolio by over 50% and three new Singapore sites opening, supply in premium flexible offices is set to surge.
NEWSJune 17, 2026
Luxury Orchard condo Four Seasons Park sets new record high of $3,664 psf
- Four Seasons Park’s 3,821 sq ft four-bedder fetched $14 million, setting a new $3,664 psf record for Orchard luxury condos.
- Despite the record, Four Seasons Park’s average resale price of $3,383 psf still trails Boulevard 88’s $4,116 psf and Tomlinson Heights’ $3,932 psf.
- The Regency at Tiong Bahru’s three-bedder resale at $2,561 psf marks its first 2024 deal, reflecting rising demand in District 3.
NEWSJune 17, 2026
Millennium Hotels and Resorts expands halal-certified offerings in Singapore, eyes growing demand
- Millennium Hotels and Resorts’ three Singapore properties now host over 600 halal-certified events annually, serving more than 120,000 guests.
- Halal-certified banquets now contribute at least 30% of MHR’s Singapore banquet revenue, reflecting a strategic response to rising demand.
- With halal banquet enquiries rising 15–20% yearly, MHR’s targeted certification approach positions it ahead of Singapore’s growing Muslim travel market.
NEWSJune 17, 2026
Apartments in London’s Swiss Cottage to launch for sale, from GBP795,000
- Arada’s 100 Avenue Road launches 172 apartments in Swiss Cottage, with one-bedroom units starting at 422 sq ft and GBP795,000.
- With a 999-year leasehold and wellness-focused amenities like a vitality spa and Technogym Visio Studio, the project targets discerning buyers seeking longevity and lifestyle.
- Positioned above Swiss Cottage Underground and near Hampstead Village, the development’s connectivity and proximity to top universities enhance its appeal in a supply-constrained prime London market.
NEWSJune 17, 2026
Hilton Garden Inn strengthens China pipeline with 2,000 new rooms
- Hilton’s latest agreements will add over 2,000 Hilton Garden Inn rooms in China, including a 288-room Chengdu flagship, reflecting robust expansion.
- The new signings span both powerhouse cities like Beijing and leisure destinations such as Lushan, highlighting Hilton’s dual-pronged growth strategy.
- With more than 350 Hilton Garden Inn hotels trading or in the pipeline, the brand’s China presence now rivals major international competitors in scale.
NEWSJune 17, 2026
Estate sale of freehold detached house in Bukit Teresa hits auction block at $16.8 mil
- A freehold Bukit Teresa detached house spanning 11,451 sq ft land is auctioned at $16.8 million, targeting developers seeking redevelopment potential.
- The $1,467 psf guide price for this estate sale far exceeds recent Teresa Villas detached strata transactions, which ranged from $617 to $682 psf.
- With seven bedrooms and six bathrooms across a 3,934 sq ft built-up area, the elevated three-storey home offers flexible multigenerational or subdivision possibilities.
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.
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