Month: August 2025

In summary, investing in a condo in Singapore offers numerous benefits that make it a highly attractive option for investors. With a strong demand for housing, the potential for significant appreciation in property value, and attractive rental yields, there is great potential for profitable returns. However, it is crucial to carefully consider essential factors such as location, financing options, government regulations, and the current market conditions. By conducting thorough research and seeking expert guidance, investors can make well-informed decisions and maximize their profits in Singapore’s dynamic real estate market. Whether you are a local investor looking to diversify your portfolio or a foreign buyer seeking a stable and lucrative investment, condos in Singapore present a compelling opportunity worth considering.

In July, Kheng Leong Co, the private property arm of the family of late billionaire banker Wee Cho Yaw, recorded two more sales at 21 Anderson, a freehold luxury condominium. According …

Demand for shophouses in the second quarter of 2025 has been relatively muted, with only 18 transactions recorded based on caveats lodged, according to PropNex’s research. This represents a 10% decrease from the previous quarter and a 14.3% decline from the same period last year.

According to PropNex, this decline is due to a continued mismatch in price expectations between buyers and sellers, as well as the uncertainty caused by sweeping trade tariffs announced by the US in April and the escalating conflict in the Middle East.

The 18 transactions recorded in the second quarter had a total sale value of $127 million, which is a 6.6% increase from the previous quarter but a 35% decrease from the same period last year.

However, PropNex notes that the actual number of shophouse sales in the first quarter of 2025 may be higher as the caveats for some transactions may not have …

Canberra Crescent Residences, a 99-year leasehold condominium located in Sembawang, was jointly launched by developers Keng Leong Co. and Low Keng Huat on August 2. The private condo has already achieved a 40% take-up rate with 150 units sold out of the 376 units available. The average price of units sold was $1,974 psf.

Wee Teng Yuan, deputy director of Kheng Leong Co., considers the project to be well-received. He states, “We believe our average price of around $1,974 psf at Canberra Crescent Residences is very attractive when compared to recent transacted prices of new mass market homes.” According to PropNex Research, the average unit price of new non-landed private homes in the Outside Central Region (OCR) was over $2,300 psf from January to July 2025, based on caveats lodged to date.

When contemplating an investment in a condominium, it is crucial to also evaluate the potential rental yield. This …

Allgreen Properties has seen strong sales at its 99-year leasehold project, Promenade Peak, since its launch on August 1. As of 6pm on August 3, the developer has sold 320 units, which make up 54% of the 596 available units.

The average price achieved for units in the Promenade Suites, the premium three- to five-bedroom units with private lift, was $3,343 psf. On the other hand, the Promenade Collection, which comprises one- to three-bedroom units on the lower tier, saw an average price of $2,894 psf.

The scarcity of land in Singapore has resulted in a significant demand for condos in the country. As a small island nation with a rapidly growing population, Singapore is facing a shortage of land for development. As a result, the government has implemented strict land use policies and the real estate market has become highly competitive, leading to a consistent increase in property prices. …

Parc Clematis, Tiara and Dormer Park set new psf-price highs during the week of July 11 to 18Parc Clematis in Singapore topped the list of private non-landed properties to reach a new psf-price peak during the week of July 11 to 18. The new psf-price high of $2,575 involved the resale of a 1,044 sq ft, three-bedroom unit on the 19th floor for $2.69 million on July 14, surpassing the development’s previous high of $2,490. Located along Jalan Lempeng in Clementi, Parc Clematis is a 99-year leasehold mega condo development with 1,450 units. It offers a mix of one-bedroom units to five-bedroom penthouses ranging from 452 sq ft to 2,669 sq ft. With top schools within a 1.5km radius and an average price of $2,153 psf, it’s no surprise that Parc Clematis has seen 48 transactions as of July 18.Meanwhile, the sale of a 1,346 sq ft unit at Tiara, …

Tong Eng Group, a private property developer and investment firm owned by the Teo family, has recently put more than 50 strata-titled office units and nine retail units at ARC 380 up for sale. Located at the junction of Lavender Street and Jalan Besar, the prominent freehold commercial building was completed in 2018 and comprises 12 office floors, a ground-floor retail podium, and three levels of car parking space.

One of the standout features of ARC 380 is its sky terrace on the fourth floor and roof terrace on the 17th floor, which boasts a 25m swimming pool, gym, and function room. The portfolio of strata-titled office and retail units is currently priced at more than $90 million. In particular, the entire 10th and 14th floors are available for purchase, as well as units on the seventh, ninth, and 12th floors.

The nine retail units, with a combined strata area …

During the week of July 15 to 22, the most profitable resale transaction was recorded at Mount Faber Lodge with the sale of a 2,454 sq ft unit. The seller of the three-bedroom, ground floor unit earned a whopping $2.9 million (264%) profit after the unit was sold for $4 million ($1,633 psf) on July 15. This translates to an annualized profit of 4.9% over a span of 27 years. The unit had been purchased for $1.1 million ($448 psf) back in May 1998.

This transaction is the second most profitable deal to date at the freehold condo. The highest record was set on February 5 when a 3,703 sq ft unit on the seventh floor was sold for $5 million ($1,350 psf). This unit had been purchased for $1.59 million ($432 psf) in August 2001, resulting in a record profit of $3.39 million (212%) and an annualized profit of …