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SG Property News | April 3 2025

Singapore property news roundup for Thursday, April 3, 2025. Headlines link to the original publishers.

Morning Briefing: Top stories from The Straits Times on April 1, 2025

The Straits Times

Calvin Phua appointed as chief executive of SLA

Edgeprop

Calvin Phua will be appointed as chief executive of the Singapore Land Authority (SLA) from May 1, according to an April 2 press release from the Ministry of Law (MinLaw). During the interim, Phua will continue in his current role as deputy secretary (policy) of MinLaw. In his time at MinLaw, Phua led efforts to strengthen Singapore’s legal system and improve access to justice, including the establishment of the Public Defender’s Office.

RB Family Office markets Mosque Street asset amid increasing buzz in shophouse hotel scene

The Business Times

GE2025: WP’s likely replacement for Raeesah Khan outlines plans for improvements in Sengkang

The Business Times

Two-storey conservation shophouse on Craig Road for sale at $10.25 mil

EdgeProp Singapore

Service-apartment operator charged over letting out private homes for short-term rental

The Business Times

4 Singapore REITs to Keep Your Eye on in April

The Smart Investor

One Raffles Quay secures $1.13 bil sustainability-linked loan to reduce carbon footprint

Edgeprop

One Raffles Quay has secured a $1.13 billion sustainability-linked loan (SLL) for asset enhancement initiatives aimed at minimising the building’s carbon footprint.

Why You Should Rethink Using CPF for Your Home Purchase In 2025

Stacked Homes

Singaporeans can be in two very different schools of thought, when it comes to CPF usage. The first group wants to leave their wallets and bank accounts as untouched as possible, leaving their CPF Ordinary Account (CPF OA) to handle…

Hillcrest Arcadia launches first-ever collective sale at $920 mil

Edgeprop

Hillcrest Arcadia, a 272-unit condominium in prime District 11, will launch its first collective sale by public tender on April 3, with an asking price of $920 million. The property spans a land area of 442,162 sq ft with an allowable gross floor area (GFA) of about 707,459 sq ft. This works out to about $1,519 psf per plot ratio (ppr).