Residential Property
URA awards Lorong Puntong site to Eco World for $208.1m
URA awards Lorong Puntong site to Eco World for $208.1m
Tender works out to $17,350 per sqm of GFA.
Condo rents up 2.5% in August despite Ghost Month volume pullback
Overall prices in all regions rose compared to the same month in 2025.
Analysts see Eco World’s $208m Sin Ming bid as an outlier
The top offer was 11.1% above the next bid, whilst six other bids fell below an earlier benchmark.
Foreign-buyer activity drops to 0.6% in August amidst launch drought
Only one caveat was lodged involving a four-bedroom River Modern unit.
CDL unveils 570‑unit Lucerne Grand, set for 18 September preview
Sales bookings begin on 3 October.
Lorong Puntong residential site draws 7 bids
Eco World submitted the highest bid at $208.1m.
August launches sink 87.0% amidst lunar seventh month
Sales also dropped 79.1% MoM as fewer projects came to market.
Analysts see August home sales slump as seasonal lull
Consultants expect activity to recover after sales fell 79.1% to 153 units.
Singapore to add 23,100 migrant worker dormitory beds by 2027
Current capacity stood at around 467,000 beds across 1,600 dormitories as of June 2026.
APAC Realty to buy remaining 9.4% stake of ERA Indonesia for $1.6m
It is offering $0.02 (IDR250) per unit for the remaining 89.3 million shares.
Organisational silos overtake budget as top barrier to AI adoption in real estate
Skill gaps and budget constraints are tied for second.
OCR takes 50.8% of condo resales as prices fall in July
CCR recorded the fewest transactions but led monthly and yearly price increases.
Worker dormitory rents rise 2.1% in H1
Average bed rents rose to $495 per bed/month.
Freehold District 9 site 30 Mount Elizabeth returns to market at $580m
This translates to about $2,645 per square foot per plot ratio.
HDB resale volumes down 5.1% in August
However, the million-dollar segment grew, with 201 HDB resale flats selling for at least $1m.
CapitaLand‑UOL‑SingLand consortium sets record with $1.43b Changi site bid
The winning bid beat the runner-up by 13.8%.
Policy easing keeps developers keen on en bloc sites despite higher charges
Landed residential LBC rates rise 3.5%, whilst non-landed rates climb 3.4%.
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