Private home prices and rents in Singapore experienced a notable surge in the third quarter of 2022, signaling a robust property market. Conversely, HDB resale prices saw a moderation in their growth during the same period. These developments shed light on the dynamic state of Singapore’s real estate sector amidst changing economic conditions.
In the article “Pinetree Hills Preview Prices From $2,236 PSF, Kingsford Emerges As Top Bidder for Marina Gardens Lane GLS Site, and More,” we explore the caution exhibited by developers amid increased risks in the latest land tender results [(https://www.businesstimes.com.sg/property/latest-land-tender-results-show-caution-among-developers-big-sites-amid-heightened-risks)]. Kingsford secured the Marina Gardens Lane site with their top bid of S$1.03b, while Pinetree Hills offers a sneak peek at prices starting from $2,236 per square foot. Stay informed about these developments and more.
In a promising upturn, new private home sales experienced a sizable 13.6% surge in March 2023. Introducing The Continuum, the highly anticipated development is now available for preview, showcasing its opulent offerings. With prices commencing at $1.4 million, this premier residential project is set to redefine luxury living. Stay informed with this enticing news update.