Property
- Business
Holland Village trio of shophouses scooped up for $70 mil
The adjoining shophouses at 29, 31 and 33 Lorong Liput, pictured here in August 2024. Pet Lovers Centre is among the current tenants. (Image: Google Maps)A row of freehold commercial shophouses at 29B/C, 31 and 33 Lorong Liput, have changed hands for $70 million.The corner, two-storey adjoining properties drew strong interest, with multiple offers received from high-net-worth individuals, family offices and funds, said CBRE, which acted for the sellers.It reflects the continued demand for well-l
EdgeProp - News
Town Hall Link white site launched for tender, with up to 1,200 homes planned
The Town Hall Link site (in blue) can yield 1,200 homes alongside about 430,560 sq ft of office space (Photo: EdgeProp LandLens) URA has launched a land tender for a white site at Town Hall Link in Jurong Lake District, under the Government Land Sales programme for the second half of 2026. The 99-year leasehold site spans 400,719 sq ft, with a maximum gross floor area of over 2 million sq ft.According to URA’s release on July 3, the site falls under an ongoing transformation of the precinct into
EdgeProp - Business
Many hats, one heart: The strategy behind Dave Tan’s rise in Singapore real estate
Tan applies 12 years of regional corporate strategy experience to help families plan long term property moves. (Photo: EdgeProp Singapore)With over a decade of corporate experience managing regional portfolios across Southeast Asia, Dave Tan Jian Wei brings a strategic, tailored approach to real estate, serving families who value long-term planning over short-term transactions.Known for his client-first philosophy and ability to future-proof complex property decisions, Tan has built a reputation
EdgeProp - Lifestyle
Hilton unveils first property in Northern Thailand with Kahavadi Chiang Rai, Curio Collection by Hilton
Global hotel operator Hilton will debut its first property in Chiang Rai, Northern Thailand under the Curio Collection brand on July 1.Known as Kahavadi Chiang Rai, Curio Collection by Hilton, the opening marks Hilton’s broadening expansion into Southeast Asia.Situated along Mae Kok River, the 167-key hotel comprises 166 deluxe rooms and suites, as well as a 225 sq m (2,422 sq ft) two-bedroom Kahavadi Family Suite. All rooms overlook the hotel’s gardens and pools, with some offering partial view
EdgeProp - Business
What's moving the market: Singapore's biggest property deals and hottest searches (July 3)
A unit at Hilltops was sold for $8.09 million, making it the priciest condo unit transacted during the fortnight in review. (Photo: Albert Chua/The Edge Singapore)Here is this week’s data-led look at Singapore’s property market, covering record transactions, rental benchmarks and the most searched homes on EdgeProp.The following insights are compiled from EdgeProp Buddy, URA Realis and data.gov.sg, downloaded as of July 1. Non-landed private homes — new launches, resales and rentsTopping the lis
EdgeProp - Business
Flexibility is the new luxury in landed living at Bukit Sembawang’s Pollen Collection II
Showflats of Bukit Sembawang’s latest phase of the Pollen Collection II landed housing development, located off Ang Mo Kio Avenue 5 and launched in early December 2025 (Photo: Samuel Isaac Chua/EdgeProp Singapore)At Bukit Sembawang Estates’ latest landed housing project, Pollen Collection II, an extended family purchased five terraced houses — four adjoining and one directly opposite — for a total of $20.88 million in early December. The homes are intended for a couple, their grown-up children a
EdgeProp - Business
CapitaLand's Tan Wee Hsien to take over as Frasers Property Singapore CEO, Soon Su Lin to become adviser
Tan Wee Hsien, currently CapitaLand Development's CEO for Vietnam and international, will succeed Soon Su Lin as Frasers Property Singapore CEO. (Photos: Frasers Property)Real estate investor-developer-operator Frasers Property has announced that Soon Su Lin will step down as its Singapore CEO and transition to the role of adviser with effect from Oct 1 this year.In her place, Tan Wee Hsien — currently with CapitaLand Development (CLD) — will join Frasers Property Singapore as CEO designate from
EdgeProp - News
Residential transactions with contracts dated June 16 to 23 [DONE DEALS]
Stay updated with Singapore's private property sale transactions contracts dated June 16 to 23. See Also: Singapore Property for Sale & Rent, Latest Property News, Advanced Analytics Tools New Launch Condo & Landed Property in Singapore (COMPLETE list & updates) En Bloc Calculator, Find Out If Your Condo Will Be The Next en-bloc HDB Resale Flats Up For Sale, Affordable Units Available
EdgeProp - Business
Keppel opens Hanoi Centre, its first retail mall in Vietnam's capital
Facade of the Saigon Centre shopping mall which opened on July 2 (Photo: Keppel)On July 2, Keppel officially opened Hanoi Centre, its first retail development in Hanoi, marking the group's nearly 40-year presence in Vietnam and its expansion beyond Ho Chi Minh City.The 41,000 sq m (441,324 sq ft) shopping mall is managed and operated by Keppel's real estate division.Hanoi Centre forms part of the mixed-use Tien Bo Plaza development at 175 Nguyen Thai Hoc Street in the heart of the Vietnamese cap
EdgeProp - News
GuocoLand secures $634.7 mil green loan for Lentor Central development
The Lentor Central 99-year leasehold site will be developed into a 533-unit condo across three residential towers (EdgeProp Landlens)GuocoLand has secured a $634.7 million green club facility from Oversea-Chinese Banking Corporation (OCBC) and Industrial and Commercial Bank of China (ICBC) Singapore Branch to finance the development of its 553-unit condominium at Lentor Central, the developer's fifth residential project in the Lentor Hills estate.The project will be built on a 171,424 sq ft site
EdgeProp - Business
PGIM, AFM to buy Sydney mall for A$248 mil from Frasers Property Australia
Ed.Square Town Centre in Sydney, Australia. (Photo: PGIM, AFM)US-based PGIM’s real estate investment group and Australia-based Assembly Funds Management (AFM) are acquiring retail asset Ed.Square Town Centre, in southwest Sydney for A$248 million ($221.3 million).This is the second time in the past year that the two firms have joined hands to scoop up retail assets in Australia.They have formed a partnership and operating platform to “pursue high-quality retail opportunities that offer a resilie
EdgeProp - Business
One Marina Gardens notches new price high of $3,290 psf
One Marina Gardens, a 99-year leasehold project in prime District 1, topped the list of non- landed residential developments that achieved a new psf-price high during the week of June 16 to 23. A 1,647 sq ft four-bedder on the 28th floor fetched about $5.42 million on June 17, establishing a fresh record of $3,290 psf for the development.This marks the first time an apartment at One Marina Gardens has transacted above the $3,200 psf threshold. It edges past the project’s previous price peak of $
EdgeProp - Business
Ohmyhome Partners with Chester Properties to Expand Property Transaction Services Across Malaysia
New partnership with Chester Properties extends Ohmyhome's reach beyond Kuala Lumpur to multiple Malaysian states. Ohmyhome, the one-stop property technology platform serving Singapore and Malaysia, today announced a strategic partnership with Chester Properties to significantly expand its property transaction services across Malaysia. The partnership enables Ohmyhome customers in both Singapore and Malaysia to seamlessly buy, sell and rent properties throughout Malaysia through a trusted nation
Ohmyhome
- Business
Sale of four-bedder at Leonie Gardens condo rakes in profit of $2.93 mil
A four-bedroom unit at Leonie Gardens condo in prime District 9 was the best-performing property in condo resale transactions during the week of June 16 to 23.On June 18, the 2,540 sq ft unit on the eighth floor changed hands for $4.2 million ($1,653 psf). The seller had purchased it in October 1998 for $1.27 million ($500 psf). The transaction works out to a profit of $2.93 million (230.7%) and an annualised return of 4.4% over nearly 28 years.The deal marks the second highest profitable transa
EdgeProp - Business
Reconfigured unit at The Sail @ Marina Bay to be auctioned with $1.39 mil guide price
The Sail @ Marina Bay recently completed a three-year, $3 million upgrade of its common areas and facilities (Photo: Samuel Isaac Chua/EdgeProp Singapore)A one-bedroom unit — which has been reconfigured into a two-bedroom layout with a shared kitchenette — at The Sail @ Marina Bay will go on the block at Knight Frank’s upcoming auction on July 23. The 657 sq ft property will be offered via an owner’s sale with a guide price of $1.39 million, or $2,116 psf.Caveats lodged show that the 57th-floor
EdgeProp - Business
Landed homes get pricier despite slower momentum, GCB deals average $2,121 psf
A total of 869 landed home transactions, worth a combined $5.4 billion, were recorded in the first half of the year as at June 7 (Photo: Samuel Isaac Chua/EdgeProp Singapore) Landed housing deal momentum in Singapore moderated in 1H2026, with geopolitical uncertainties dampening buyer sentiment, according to the GCB & Prestige Landed Report by PropNex Research.URA data compiled by PropNex showed that 869 landed home transactions, worth a combined $5.4 billion, were recorded in 1H2026 (as at June
EdgeProp - Business
Lentor Gardens Residences: Capitalising on Lentor’s growth momentum
Lentor Gardens Residences is the seventh residential development in Lentor, where strong take-up rates have underscored sustained buyer demand (Photo: Kingsford Group)Singapore’s suburban growth story has increasingly been shaped by the emergence of new, MRT-anchored residential areas — where coordinated land releases, infrastructure development and gradual population build-up create conditions for long-term value uplift. In recent years, the Lentor estate has become a distinctive example of thi
EdgeProp - Business
Kingsford to preview Lentor Gardens Residences on July 4 at prices averaging $2,350 psf
The 502-unit Lentor Gardens Residences will comprise four towers and three terraced houses (Picture: Kingsford Group)The public preview for Lentor Gardens Residences, a 502-unit development in the Lentor Hills estate, will begin on July 4. Sales bookings for the 99-year leasehold private residential project will commence two weeks later, on July 18.Developed by Kingsford Group, Lentor Gardens Residences features four towers — three spanning 16 storeys and one rising eight storeys — that house tw
EdgeProp - News
$55 mil Good Class Bungalow part of police asset freeze
The GCB, owned by Alan Wei, is reportedly located at 12 Chee Hoon Avenue. (Photo: Samuel Isaac Chua/EdgeProp Singapore)The Singapore police has issued a prohibition of disposal order against a Good Class Bungalow (GCB) valued at about $55 million, as well as seized about $1 million of funds in bank accounts under investigation.The order effectively freezes the property from being sold or transferred.This is in relation to an investigation into the movement of computer servers that might have con
EdgeProp - Business
REITs vs. Rental Property: Why Your First “Investment Home” Should Be a CapitaLand REIT
Many Singaporeans dream of owning an investment property to generate rental income. But investors may want to consider a simpler and more accessible alternative: owning a CapitaLand-backed REIT. The post REITs vs. Rental Property: Why Your First “Investment Home” Should Be a CapitaLand REIT appeared first on The Smart Investor.
The Smart Investor - Business
Aspial sells skyscraper site at discount; Huationg buys land for dormitory; and other listco property deals
Artist's impression of the now-scrapped tower project (in blue and gold) at 30 Albert Street in Brisbane. (Image: Aspial, World Class Land)Several Singapore-listed companies and Reits — including Singapore Post (SingPost), Huationg Global, Aspial Corp, ESR-Reit, and Parkway Life Reit — recently announced real estate transactions over the past week.The deals involve properties ranging from HDB shophouses, hotels, and a nursing home, to logistics facilities and a CBD office unit, both in Singapore
EdgeProp - Business
Will Japan's tourist visa fees, interest rate policy impact its booming property market?
A street in Tokyo. Last year, Japan was the top real estate investment market in Asia Pacific, according to MCSI. (Photo: Pexels)With Japan imposing higher visa fees for tourists from July while moving away from an ultra-loose monetary policy, foreign investors must prepare themselves for both direct and indirect impacts on their real estate assets, according to agents and analysts.There is a dearth of data on the total number of homes bought by non-residents in Japan, but agents said the two ma
EdgeProp - Business
Resale flat prices fall for second straight quarter, down 0.3% in 2Q2026: HDB flash estimates
HDB's Resale Price Index decreased 0.3% q-o-q in 2Q2026, widening from the 0.1% fall recorded in the previous quarter (Picture: Samuel Isaac Chua/EdgeProp Singapore)HDB resale prices fell in 2Q2026, marking a second consecutive quarter of decline. Flash estimates published by HDB on July 1 show that the Resale Price Index decreased 0.3% q-o-q in 2Q2026, widening from the 0.1% fall recorded in the previous quarter.“This is the first time in nearly seven years that HDB resale prices have softened
EdgeProp - Business
Freehold B1 industrial site at 23 Playfair Road up for sale for $21 mil
Located within the established Tai Seng-Paya Lebar industrial belt in District 13, the property sits on a freehold site spanning 7,283 sq ft and has a plot ratio of 2.5.
The Edge Singapore - Business
Why savvy Singapore investors build portfolios by investing in real estate without buying property
RealVantage’s fractional investment platform makes institutional-grade assets like this prime office in Australia more accessible to investors (Photo: RealVantage)For many investors in Singapore, real estate has long been associated with a familiar pathway: purchasing a physical property and holding it for rental income or long-term capital appreciation. But in a market where entry prices continue to climb and capital requirements remain substantial, access to institutional-grade real estate opp
EdgeProp - Business
Non-landed private home prices fell by 0.1% in second quarter, with 1.4% drop in RCR: flash estimates
Non-landed CCR property prices went up by 2%. Landed homes got 2.6% pricier, reversing from the 0.4% dip previously. (Photo: Samuel Isaac Chua/EdgeProp Singapore)Overall, Singapore's private homes got 0.5% pricier in the April–June period this year as compared to the previous three months, according to URA’s flash estimates of the 2Q2026 price index for private residential property released on July 1.The pace of growth has eased from the 0.9% increase in the first quarter, though the volume of s
EdgeProp - Business
HDB resale prices dip for second straight quarter, private home prices rise at slower pace
SINGAPORE – Prices of Housing Board resale flats have declined for the second consecutive quarter, with fewer flats sold compared with the same period in 2025.
Straits Times
- Business
Pasir Ris mall White Sands changing hands for $467 mil
The White Sands suburban mall is next to Pasir Ris MRT Station. (Photo: FCT, C&W)Frasers Centrepoint Trust (FCT) is selling White Sands mall in Pasir Ris for $467 million to Growth Capital, an unrelated third-party purchaser.FCT’s trustee has entered into a put and call option agreement with the buyer, and the deal is expected to complete around Sept 30, said FCT’s manager in a June 30 bourse filing.The mall has a leasehold tenure of 99 years starting from May 1993. Comprising five storeys and t
EdgeProp - Business
Sydney housing slump drags Australia prices down most since 2022
Sydney's home-price declines accelerated in June, dragging down national values by the most in 3½ years, reflecting a combination of affordability and cost-of-living pressures.
The Edge Singapore - Lifestyle
The Collective at One Sophia: Living at the forefront of Orchard-Bugis Precinct
Most homes in Singapore are defined by proximity. Close to the MRT, near a mall, within a school zone. Sophia Road boasts all the above and more.
PropertyGuru - Business
Aedge subsidiary buys 219 Kallang Bahru industrial building for $13.99 mil
Formerly known as Chutex Building, the property at 219 Kallang Bahru will be mainly for the group’s own use, with the remaining space leased out. (Image: Google Maps)HPF Holdings, a 51%-owned subsidiary of Aedge Group, has completed the acquisition of the industrial building located at 219 Kallang Bahru for $13.99 million.This is part of the group’s long-term growth plan to diversify and generate recurring income, according to a June 30 bourse filing by Aedge. The Singapore-listed company provid
EdgeProp - Business
Seoul co-living presents an emerging investment opportunity as housing market transforms: JLL
Smaller households are now predominant in Seoul (pictured). Co-living is seeing strong demand from younger demographics and foreigners, says JLL. (Photo: Pixabay)As South Korea's residential market transitions from traditional rental arrangements to monthly rental models, institutional investors are showing more interest in alternative housing formats — including co-living — in Seoul.That is according to real estate consultancy JLL, which has published new research indicating that favourable dem
EdgeProp - Business
High Point collective sale tender closes without award
High Point was launched for collective sale in April with a guide price of $580 million (Picture: Samuel Isaac Chua/EdgeProp Singapore)The collective sale tender for High Point, a freehold condo at Mount Elizabeth, closed on June 9. According to a circular sent to owners sighted by EdgeProp Singapore, the tender was not awarded to any successful bidder.Following the tender closing, the collective sale committee has up to 10 weeks, or until August 17, to carry out private treaty negotiations with
EdgeProp - Business
Freehold mixed-use building in Little India for sale at $13 mil
The property at 28 Kinta Road (middle, in brown and white) sits on 1,096 sq ft of land. (Image: Google Maps)A freehold six-storey mixed-use building at 28 Kinta Road is up for sale via an expression of interest (EOI) exercise with a guide price of $13 million.Sitting on a land area of around 1,096 sq ft, the building comprises a ground floor commercial space with residential units on the upper floors. Based on the estimated built-up area of 4,450 sq ft, the guide price translates to about $2,921
EdgeProp - Business
Singapore braces for higher construction costs as commodity prices, labour crunch bite
Project delivery risk is rising across Asia Pacific, with execution constraints increasingly shaping market conditions. (Photo: Albert Chua/The Edge Singapore)Construction costs in Singapore are set to increase by 3.5–4.5% for the whole of 2026, amid higher energy prices, commodity price shocks and labour shortages that have been felt keenly across the Asia Pacific (Apac) region.It comes as construction cost inflation in Apac has been elevated through the first half of the year, though that may
EdgeProp - Business
EC site at Admiralty Walk launched for sale
The Admiralty Walk executive condo site (in blue) can yield about 450 units (Picture: EdgeProp LandLens)HDB has launched an executive condo (EC) site at Admiralty Walk in Sembawang for sale by public tender. The 99-year leasehold Government Land Sale (GLS) site measures 138,782 sq ft and can potentially yield about 450 residential units.This is the second EC land parcel to be launched for tender under the new EC framework, observes Mohan Sandrasegeran, head of research and data analytics at SRI.
EdgeProp - News
Three-room flat at Bidadari sets new Singapore high at $945,000
A three-room HDB flat at 118A Alkaff Crescent was sold for $945,000 in June 2026, setting a new record price for three-room HDB resale flats in Singapore.The unit is located between the 16th and 18th storeys and spans 72 sq m. This works out to $1,219 psf. The flat has about 93 years and six months remaining on its lease.The latest sale surpasses the previous high of $930,000, set in October 2025 by a three-room flat at 115C Alkaff Crescent. It is also higher than the $920,000 transaction at 96
EdgeProp - Business
Hyatt to debut Alila brand in Japan with Hakone mountain retreat
The property will feature 60 guestrooms that each come with a private natural hot spring bath. (Photo: Hyatt Hotels)Hyatt Hotels has announced an agreement with Fujita Corp to open Alila Sengokuhara Hakone — set in the district of Sengokuhara in the mountainous region of Hakone — marking the Alila brand’s first property in Japan. The property is scheduled to open in 2028.Centred on the restorative tradition of Japanese onsens, the property offers 60 guestrooms, including 11 suites, that come wit
EdgeProp - Business
How far should an MCST go to recover unpaid maintenance contributions?
When managing arrears, too little enforcement risks normalising non-payment, whereas too much enforcement may result in unnecessary cost, conflict and reputational damage. (Photo: Unsplash)Arrears in maintenance payments are not merely an accounting issue — they are one of the biggest threats to the financial health of any strata development.For most management corporations, commonly referred to as MCSTs, maintenance contributions are the primary, and often sole, source of revenue.When subsidiar
EdgeProp - News
Health-led lifestyle hub to take shape at former Serangoon Garden school as Top Pave wins SLA tender
The Singapore Land Authority (SLA) has awarded 49 Kensington Park Road — home to a former school in the Serangoon Garden neighbourhood — to Singapore-based construction company Top Pave.This comes after a price-quality tender, which evaluates bids based on both price and quality aspects, rather than solely on the lowest price.SLA said on June 29 that Top Pave’s proposal is expected to transform the former Serangoon Garden South School into a health-led lifestyle hub with a diverse mix of health,
EdgeProp - News
SISV to split off valuation and general practice division into an independent professional body
The division will be spun off into an independent professional body known as SISV RE (Picture: Samuel Isaac Chua/EdgeProp Singapore)The valuation and general practice (VGP) division of the Singapore Institute of Surveyors and Valuers (SISV) will be spun off into an independent professional body known as SISV RE.The split, which follows a resolution passed at an SISV extraordinary general meeting held on June 20, is subject to approvals from the Registry of Societies and the Accounting and Corpor
EdgeProp - Business
'Severe' supply crunch to persist for premium offices; leasing demand led by renewals
Aerial view of Shaw Tower (centre) in Downtown Core. It is the only major Grade A completion this year and is already substantially leased, said JLL. (Image: Shaw Tower website)Tight supply in Singapore’s CBD premium or Grade A office market looks set to continue, with the next wave of major new projects coming onstream only from 2028 onwards.At the same time, demand from occupiers in the second quarter of 2026 was mainly driven by lease renewals rather than expansions, while the flight to quali
EdgeProp - Lifestyle
Where to find cheap durians in KL & Selangor from just RM2 this season
Durian prices across KL and Selangor have fallen due to an unusually abundant harvest in Malaysia, with roadside stalls offering deals from RM2 per fruit, RM2.50 per kg and discounted premium varieties such as Musang King. The roundup is useful for bargain hunters during the current season, while noting that prices, stock and promotions vary daily and the best offers often sell out quickly. The post Where to find cheap durians in KL & Selangor from just RM2 this season appeared first on SETHLUI.
SETHLUI.COM
LifestyleWaldorf Astoria Kuala Lumpur to open in late 2026
Global hospitality group Hilton has opened reservations for Waldorf Astoria Kuala Lumpur. The luxury hotel will open in late 2026, marking the brand’s Malaysian debut.The 268-key hotel is located on Jalan Raja Chulan in the Golden Triangle district — the city’s premier commercial hub — with Pavilion Kuala Lumpur within walking distance and the Petronas Twin Towers about a 10-minute drive away.Rooms at Waldorf Astoria Kuala Lumpur range from 80 sq m (861 sq ft), one-bedroom suites to its signatur
EdgeProp- Business
Putting service before the sale: How Jimme Pang turns fear into financial opportunity for his clients
From hesitation to transformation: How Pang helps families achieve what once seemed impossible.Fear keeps people from fulfilling their true potential — and in the property market, it often wears many disguises. It looks like caution and sounds like common sense. It can mean holding on to an HDB flat long past the point of logic, or waiting years for a market correction that never arrives. In either case, it costs more than most people ever calculate.Jimme Pang, associate director at PropNex Real
EdgeProp - Lifestyle
What Singapore homeowners often overlook when choosing wall paint
Painted walls may look flawless at handover, but humidity and daily use can affect how they age (All photos: Unsplash)By the time homeowners choose paint, the bigger renovation decisions are usually done. What seems left is simple: pick a colour and get the walls painted.However, walls are among the largest and most visible surfaces in a home, and deserve more consideration than they usually get.They are also exposed to Singapore's year-round humidity, daily wear and changing environmental condi
EdgeProp
