April 2024

Condo resale prices inch up in March as volume rebounds 17.4%

Resale condominium prices inched up by 0.4% in March, marking a rebound from February’s seasonal slowdown, as reported by real estate portals Singapore Real Estate Exchange and 99.co on April 25. This increase, slightly higher than February’s 0.2%, reflects a gradual recovery in the market. Analysts attribute this modest price growth to a disparity in […]

Condo resale prices inch up in March as volume rebounds 17.4% Read More »

URA releases reserve list site in Zion Road after developer commits to bid at least $604.6 million

The Urban Redevelopment Authority (URA) has put up a site in Zion Road for sale from its reserve list after receiving an application committing to a bid not less than approximately $604.6 million. This move follows the recent sale of a larger neighboring site in Zion Road to a City Developments Limited-Mitsui Fudosan joint venture

URA releases reserve list site in Zion Road after developer commits to bid at least $604.6 million Read More »

Delfi Orchard up for collective sale at $438 million guide price

Offering a prime opportunity, Delfi Orchard, an 11-storey complex, is now up for collective sale with a guide price of $438 million. The complex comprises 150 strata-titled units, including 127 shops and 23 apartments, with CDL owning 126 of them. Strategically positioned at 402 Orchard Road on a freehold site spanning 20,264 sq ft, the

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CDL unit sells 65 units of The Residences at W Sentosa after slashing prices

Cityview Place Holdings, an associate of City Developments Limited (CDL), successfully moved 65 units of The Residences at W Sentosa Cove Singapore within a week, surpassing the initial offering of 58 units on April 9. Responding to robust demand, additional units were released, drawing approximately 3,200 visitors from April 10 to 14, according to a

CDL unit sells 65 units of The Residences at W Sentosa after slashing prices Read More »

URA awards Zion Road, Upper Thomson sites to sole bidders at lower-than-expected offers

 The Urban Redevelopment Authority (URA) has awarded the sole bidders for the large sites on Zion Road and Upper Thomson Road, following the closure of tenders on April 4, where single bids were submitted at prices lower than expected. Zion Road’s Parcel A was secured by a collaboration between City Developments Limited (CDL) and Mitsui Fudosan

URA awards Zion Road, Upper Thomson sites to sole bidders at lower-than-expected offers Read More »

URA awards Zion Road, Upper Thomson sites to sole bidders at lower-than-expected offers

 The Urban Redevelopment Authority (URA) has awarded the sole bidders for the large sites on Zion Road and Upper Thomson Road, following the closure of tenders on April 4, where single bids were submitted at prices lower than expected. Zion Road’s Parcel A was secured by a collaboration between City Developments Limited (CDL) and Mitsui Fudosan

URA awards Zion Road, Upper Thomson sites to sole bidders at lower-than-expected offers Read More »

URA launches tender for GLS sites at Canberra Crescent, De Souza Avenue

The Urban Redevelopment Authority (URA) has initiated the tender process for two residential sites located at Canberra Crescent and De Souza Avenue. These land parcels are part of the confirmed list sites under the government land sales programme (GLS) for the first half of 2024, as announced by the URA on April 16. The Canberra

URA launches tender for GLS sites at Canberra Crescent, De Souza Avenue Read More »

URA launches tender for GLS sites at Canberra Crescent, De Souza Avenue

URA launches tender for GLS sites at Canberra Crescent, De Souza Avenue

The Urban Redevelopment Authority (URA) has initiated the tender process for two residential sites located at Canberra Crescent and De Souza Avenue. These land parcels are part of the confirmed list sites under the government land sales programme (GLS) for the first half of 2024, as announced by the URA on April 16. The Canberra

URA launches tender for GLS sites at Canberra Crescent, De Souza Avenue Read More »

resorts world sentosa

Prices of Singapore GCBs, luxury apartments remain stable as sales volume declines

According to CBRE on Tuesday (Mar 26), although transaction volumes for luxury apartments and Good Class Bungalows (GCBs) experienced a decline in the second half of 2023, prices in these segments remained stable. In the latter half of 2023, there were nine GCB transactions totaling S$202.05 million, marking a 64.9 per cent decrease from the

Prices of Singapore GCBs, luxury apartments remain stable as sales volume declines Read More »

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