April 2025

Singapore is stepping up its fight against money laundering in the property market with a new bill that imposes stricter compliance requirements and harsher penalties on estate agents, property salespersons, and developers. The Anti-Money Laundering and Other Matters (Estate Agents and Developers) Bill was read for the second time in Parliament on Tuesday, April…

The Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) have officially released three highly anticipated residential sites for sale under the Confirmed List of the 1H2025 Government Land Sales (GLS) programme. The new plots are located at Lakeside Drive, Dunearn Road (Turf City), and Woodlands Drive 17, with a combined yield of…

In a closely watched state land tender, Kingsford Group has emerged as the highest bidder for a private residential site at Lentor Gardens, with an offer of S$964 million, translating to S$920 per square foot per plot ratio (psf ppr). This bid marks a significant moment for Singapore’s housing market, reaffirming developer confidence despite…

Hillcrest Arcadia, a 99-year leasehold condominium in Bukit Timah, has been put on the market for an en bloc sale at $920 million. This collective sale presents an opportunity to redevelop a prime 4.4-hectare site in one of Singapore’s most sought-after districts. Key Sale Details Location: Hillcrest Arcadia, Bukit Timah Land Size: 442,165 square…

Leasehold condominiums are proving to be just as profitable—if not more so—than freehold units in certain areas, according to a study conducted by ERA Singapore. The analysis highlights a shift in buyer priorities, with factors such as MRT accessibility and urban conveniences playing a more significant role in determining property value than land tenure…