August 2025

Otto Place EC hits 91% sales after strong second-timer demand

When Otto Place EC was first launched in July 2025, the development saw an impressive response, with 351 out of its 600 units taken up on launch day. That meant nearly 59% of the project was spoken for right away. Yesterday, sales booking opened to second-timer buyers. By the end of 19 August, about 166 units…

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Would you live here? This Executive flat looks straight out of a palace

If you’ve ever dreamed of living in a home that feels like a European manor, this executive HDB flat at Teck Whye Heights I might be the one for you. With rich velvet drapes, intricately carved furniture, and dazzling chandeliers in nearly every corner, this high-floor 1,421 sqft unit from Propseller doesn’t shy away from…

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Tenants pay more in July 2025: HDB and condo rental prices both on the rise

July turned out to be a busy month for Singapore’s rental market, with both HDB and condo rental prices climbing alongside a surge in leasing activity. This isn’t unusual — July is typically a peak period when expatriates move here for new work assignments, and families settle before the school term begins. Add in workers…

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Springleaf Residence achieved 92% take-up at launch: What’s fueling the demand?

Springleaf Residence has made headlines this August, being one of the strongest launches of the year. The project, developed by GuocoLand and Hong Leong Holdings, sold 870 out of 941 units (92%) during its opening weekend. Units moved at an average of S$2,175 per square foot (psf), with prices starting from S$860,000 for a compact…

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Singapore Shopping Centre relaunched for collective sale at S$200M, down from S$255M in 2020

A familiar landmark near Orchard Road is back in the spotlight. Singapore Shopping Centre has returned to the market with a fresh collective sale attempt, this time with a lower price tag. Collective sale relaunch Project name Singapore Shopping Centre Location 190 Clemenceau Avenue, opposite Dhoby Ghaut MRT Interchange Type Mixed-use (Retail & Office) Number…

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CapitaLand Ascendas REIT to sell 5 industrial and logistics assets, 20% above purchase price

CapitaLand Ascendas REIT (CLAR) is continuing to make moves that highlight its focus on portfolio optimisation. With steady activity in the Singapore industrial property market, this latest update reflects how CLAR is reshaping its holdings while maintaining strong financial discipline. Divestment details CapitaLand Ascendas REIT (CLAR) has announced plans to divest five industrial and logistics…

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NDR 2025: The next decade of housing in Singapore

Housing has always been central to Singapore’s story of nation-building. From the first HDB blocks in Queenstown in the 1960s to today’s integrated new towns, each generation of leaders has ensured that every Singaporean can have a home to call their own. At the 2025 National Day Rally (NDR), Prime Minister Lawrence Wong set out…

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CapitaLand Ascendas Reit acquires 5 Science Park Drive and 9 Tai Seng Drive for a total of S$700M

CapitaLand Ascendas Reit has added two major commercial properties to its Singapore portfolio. The acquisitions of 5 Science Park Drive and 9 Tai Seng Drive are now complete, with both deals amounting to around S$700 million.  Acquisition of 5 Science Park Drive Property type 6-storey business space property Address 5 Science Park Drive, Singapore Science…

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Freehold corner shophouse at Joo Chiat sold for S$8.55 million

A freehold corner shophouse at Joo Chiat sold for S$8.55 million, showing how strong demand for these tightly held assets remains. With its rare approvals and prime location, this Joo Chiat shophouse for sale attracted plenty of attention from both investors and F&B operators. Transaction details Property type Freehold corner shophouse Location 247 & 249…

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Singapore business loans: Your friendly guide to getting funded (and growing)

Starting a business here is exciting – but it also takes money, planning, and the right mix of help. The good news is you have many options in Singapore, from government-backed loans and grants to flexible private facilities. In this guide, you’ll get a clear, practical path: which loans to look at first, how to…

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