OCR new launches drove developers’ sales surge to 9-month high in August

August 2025 turned out to be a landmark month for Singapore’s private housing market, with developers’ sales climbing to their highest level in nine months. A series of high-profile project launches across different regions powered the surge, while healthy mass-market demand and a recovering luxury segment gave the primary market fresh momentum. New home sales…

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Commercial property owners may see mandatory BID contributions by 2027

National Development Minister Chee Hong Tat recently shared that new laws are being prepared to formalise the Business Improvement District (BID) scheme. These changes follow the Urban Redevelopment Authority’s (URA) pilot programme, which has been ongoing since 2017. The new legislation is expected to be ready within the next two years, marking a major step…

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Hundred Palms EC hits record S$2,039 psf as this trio close their 7th deal within the project

Hundred Palms Residences has once again made headlines. Earlier this year, in March, a 5-bedder was sold for S$3.059 million, marking the first non-penthouse Executive Condominium (EC) to cross the S$3 million mark. More recently, a 4-bedroom unit changed hands for S$2.7 million (S$2,039 psf), setting multiple records not only for the development but also…

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Your ultimate guide to Singapore company registration in 2025

Congratulations on making the move to start your own business! If you’re planning to set up a business here in Singapore, 2025 is a good time to take the step. The process of registering a company is clear and straightforward, and the government continues to support businesses with strong systems and updated regulations. At the…

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HDB expands Mount Pleasant plans to 6,000 flats, including rental and ‘white flat’ units

If you are familiar with the Mount Pleasant area, you might recall that it was once home to the Old Police Academy (OPA). From 1929 until 2005, this was where generations of officers trained before the facilities eventually shifted to the Home Team Academy in Choa Chu Kang. Now, the site is set for a fresh…

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Is the East side really the best side? Landed Homes in District 15

Landed Homes in District 15 Is the East side really the best side? For many Singaporeans, owning a landed home in District 15 has become the ultimate dream. Covering Katong, Siglap, and Marine Parade, this neighborhood combines lifestyle, convenience, and long-term value like no other. Here’s why buyers are drawn to it: Lifestyle & Coastal…

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$1.54m for 5-room flat at 7 Boon Keng Road: New ATH for Kallang

A 5-room HDB flat at Block 7 Boon Keng Road has just set a new record for the Kallang area, changing hands for S$1.54 million in September 2025. The transaction is just S$28,000 shy of a nearby landed terrace house sale at 31H, Cambridge Road, which sold[1] for S$1.84M in May. This underscores just how…

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Median rents for privately owned HDB shops soar to all-time high of S$7.34 psf

Rents for heartland shops are soaring, with privately owned HDB shops hitting record highs. For small businesses, this means rising costs and tougher choices, while HDB-managed units continue to provide some level of stability. Rising rental rates for privately held HDB shops Over the past year, HDB shop rentals under private landlords have more than doubled.…

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Land betterment charges rates up for residential, commercial, industrial, and community sites

From September 1, 2025, to February 28, 2026, property owners and developers across Singapore will face new Land Betterment Charges (LBC). The Singapore Land Authority (SLA), working closely with the chief valuer, has revised these charges upward for most use groups, reflecting stronger demand and shifting market conditions. If you are involved in residential, commercial,…

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5-room HDB flat at Pinnacle@Duxton sells for S$1.6M, tied for Singapore’s second-highest HDB resale price

A 5-room flat at 1G Cantonment Road in Pinnacle@Duxton has sold for a record-setting S$1.6M in August 2025. This makes it one of the highest HDB resale transactions in Singapore’s history, tying for second place alongside a deal at The Peak@Toa Payoh in January 2025, and sitting just S$58,000 below the current all-time record at…

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