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What’s happening in Singapore property, from new launches to the latest market moves.
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Commentary
Why Some Condos In Singapore’s Prime Districts Are Harder To Sell Than Their Address Suggests
Amberwood at Holland sold just 23 units on launch weekend, showing why a prime district address doesn't guarantee a prime neighbourhood or strong sales.
New Launches & GLS
Lucerne Grand Sells 61% At $2,480 PSF Launch Average
Lucerne Grand sold 350 of 570 units over its launch weekend at an average of $2,480 psf
Commentary
Why HDB Resale Prices Still Rise For Distinctive Flats
A 5-room Pinnacle @ Duxton flat sold for $1.701 million in a softening resale market.
HDB & BTO
Natura Loft Sets Bishan Record With $1.711M Resale
A five-room DBSS flat at Natura Loft, Block 273A Bishan Street 24, sold for $1.711 million
Property & Law
Bellewoods Condo Management Dispute Becomes Defamation Case
A Bellewoods EC chairman's Facebook posts about a managing agent led to $100,000 in defamation damages.
On The Market
3-Bedroom Condos Near Queenstown MRT Under $2.4M
This week's Units of the Week looks at five three-bedroom condos near Queenstown MRT, all with asking prices below $2.4 million, from Queens Peak to Margaret Ville.
New Launches & GLS
Canberra EC Site Draws 13 Bids, Top Bid Hits $163.9M
13 developers bid for the Canberra Drive EC site, with a top bid of $825 psf ppr setting a record land price for an EC plot.
Commercial