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SG Property News | February 17 2025

By Propwise

Singapore property news roundup for Monday, February 17, 2025. Headlines link to the original publishers.

How Property Data In Singapore Can Trick You

Stacked Homes

We might be a little over-reliant on visuals, when it comes to property info. Recently, I came across a comment about some HDB-provided updates. This was on the topic of flat availability; a topic that, as most Singaporeans know, is…

Vacancy levels for business parks in 4Q2024 reach highest level in 14 years: Savills

Edgeprop

Overall market sentiment in the business park segment remained lukewarm, says Savills Research in a report on Feb 14. Some areas saw strong take-up, such as in the one-north cluster. Others saw more sluggish take-up, especially for those in the east region, since the completion of the first phase of Punggol Digital District in 2H2024.

Are Mega Development Condos In Singapore Really More Profitable? Here’s What The Data Says

Stacked

Sale of Balance Flats, HDB’s Sale of Balance Flats (SBF) in 2025

99.co

Bukit Timah Plaza strata restaurant unit for sale at $9.8 mil, after 12% price cut

Edgeprop

A 3,391 sq ft strata-titled unit, approved for restaurant use, has been put up for sale at Bukit Timah Plaza mall. The asking price is $9.8 million ($2,890 psf), reflecting a 12% discount from the previous listing price of $11 million in 3Q2022, according to Clemence Lee, CBRE’s executive director of capital markets, who is marketing the property. Situated in the basement two of the mall, the unit has a 20m frontage facing the central plaza.

AsiaOne

Raffles Sentosa Singapore announces Welcome Home experience

BW Hotelier

A Tour Of An Affordable Freehold Landed Estate Near Joo Chiat (From $3.8m)

Stacked Homes

A few weeks back, a reader requested tours of landed estates closer to i12 Katong Mall, so today, we’re headed to Duku Road. There are 3 reasons why I chose Duku Road: Join me now as we take a walk…

New developments in Nee Soon will likely raise value of property in the area: Shanmugam

CNA

Bringing GCB design into brand new semi-detached homes for sale

EdgeProp Singapore

LHN, Oxley’s Ching Chiat Kwong and son team up to acquire and redevelop Geylang property

Edgeprop

LHN Group, a direct wholly-owned subsidiary of dual-listed LHN Ltd, has established a joint venture (JV) with its partners to acquire, develop, market and sell the property at 30, 30A, 30B, 32, 32A and 32B Lorong 22 Geylang and 32D, 32E, 32F, 32G, 32H and 32J Lorong 22 Geylang. According to LHN’s filing on Feb 14, the property was purchased for $30 million, excluding GST.

Adjoining 999-year strata retail units at Peninsula Plaza for sale at $9,741 psf

Edgeprop

A pair of adjoining strata retail units at Peninsula Plaza are on the market for $10.9 million. The 999-year leasehold units are on the ground floor and have prominent frontage along North Bridge Road. The strata area of one unit is 538 sq ft, and the other is 581 sq ft, bringing the total to 1,119 sq ft. Hence, the $10.9 million asking price translates to $9,741 psf based on the strata area. The properties are currently tenanted until 2026.

Struggling To Find A Resale Condo In 2025? Here’s Why Supply Is Drying Up

Stacked Homes

If you’re in the market for a resale condo, you may find that your options feel limited in 2025. Wherever you look, there seem to be few available listings, and in some projects, almost no transactions may have occurred in…

An Architect Built A Beautifully Hidden Tropical House For A Family Of Five

Stacked Homes

In this week’s episode, a multi-generational family home is designed to balance openness and privacy, responding to its urban context and the homeowners’ love for books and plants. The house is positioned at a road junction, with neighbouring properties on…