Singapore real estate market to rise in 2019

Rising interest rates in the US affected Singapore negatively. But experts say the real estate market in Singapore will rise next year. As of the third quarter of 2018, prices for Singapore’s private residential properties continued to increase, according to a report from real estate agency Knight Frank. “The prices were supported by first-time home …

Singapore’s URA launches residential sites at Stirling Road and Lorong 1 Realty Park

The Urban Redevelopment Authority (URA) has launched two residential sites at Stirling Road and Lorong 1 Realty Park for sale by public tender today. The land parcel at Stirling Road was first made available for sale on the Reserve List in March 2010. On 10 April 2017, URA announced that it had received an application …

The Clement Canopy by UOL Group and Singapore Land in Singapore

The Clement Canopy offers the best of both worlds – tranquility of home and the bustle of Singapore’s next CBD. Nestled in the heart of Clementi, The Clement Canopy is a spectacular 505-unit condominium along Clementi Avenue 1 and is strategically located near National University of Singapore, one-north and Singapore’s second CBD in Jurong. Being …

UBS : Downward trend of house prices in Singapore to continue for the next year

According to the UBS Global Real Estate Bubble Index report, Singapore real estate market is now fairly-valued after being overvalued last year. UBS expects the downward trend of house prices to continue for the next year. “Growth uncertainty and possible hikes in bond yields overshadow the outlook. However, construction numbers are expected to decline significantly …