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The Singapore private property market has seen more signs of a slowdown in the second quarter.
According to property consultancy firm CB Richard Ellis (CBRE), about 4,000 new home units were sold in Q2, down from 4,380 units sold in Q1.
CBRE also estimated that about 3,400 to 3,600 resale home units were sold in the resale [...]

Singaporeans opt for pricey homes, says report

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Foreigners no longer accounted for most buyers who purchased homes at more than $5 million, according to a recent study conducted by Savills Research and Consultancy, revealing that Singaporeans are now buying up pricey homes.
The report showed a stunning turnaround in a trend which has [...]

Small property developers priced out of Singapore
Many small-sized property developers are seeing themselves priced out by foreign companies and big players, as tender bids for government and private land reach record highs in the country. This has made it more difficult for smaller developers to acquire land for development.
In the latest tender results for state [...]

Two adjacent bungalows off Meyer Road sold for $38m
 
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Two adjacent bungalows in Margate Road off Meyer Road were sold for $38 million.
The buyer is said to be a low-profile boutique property investor that plans to build a block of apartment units on the 24,002-sq-ft combined freehold site. The plot [...]

Ying Li issues earnings warning for its H1 performance
Mainboard-listed property developer Ying Li International Real Estate has issued a profit warning for its performance for the first half of the year ending June 30.

The firm said that it expects an increase on its expenses after issuing convertible bonds worth S$200 million.
The residential and commercial developer [...]

HDB quarterly resale prices hit new record but analysts say prices stabilising
SINGAPORE: HDB resale prices have hit a fresh record in the first quarter of this year rising by 2.8 per cent compared with the previous quarter. But the latest figures show signs of a market that’s finally stabilising after months of runaway prices.
Some analysts [...]

Private home sales rise 47% on—month in March to 1,761 units
SINGAPORE: Private home sales kept up their momentum in March, with 1,761 units changing hands, according to figures from the Urban Redevelopment Authority (URA).
This was up 47 per cent on—month and also the fourth highest monthly sales recorded since the start of URA’s monthly series [...]

Government releases four residential sites in one go
 
The government has released four more residential sites for sale, which can accommodate more than 1,200 private home units.
The Urban Redevelopment Authority (URA) said yesterday that the potential land supply from the government’s land sales programme, as well as the supply from projects in the pipeline will be [...]

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Real estate developers to bring forward property launches
Singaporeans can look forward to more property launches. The Real Estate Developers’ Association of Singapore (REDAS) on Thursday announced that its members will be bringing forward property launches.
REDAS added that its efforts are only limited by the land available and [...]

Increased buying spurred sales of developers in July 2009 to an amazing 2,772 units. The figure is more than three times the monthly average sales of 700 to 900 units for the last 10 years.
If the monthly average of more than 1,400 units sold did not make policymakers sit up, the robust sales certainly caught [...]