SG Property News | February 19 2025

Singapore property news roundup for Wednesday, February 19, 2025. Headlines link to the original publishers.

Singapore private home sales rise 15.3% to 21,950 in 2024

Real Estate Asia

Singapore new home sales increase by over five-fold in January

Real Estate Asia

How Will Budget 2025 Affect The Singapore Property Market? 8 Key Changes To Note

Stacked Homes

It’s that time of year again—Budget 2025 was just announced, and many are wondering how it will impact the property market. In this SG60 year, key concerns include the high cost of housing, a volatile global economy, and an ageing…

Budget 2025: Over 50,000 new HDB flats to be launched in the next three years

Edgeprop

More than 50,000 new HDB flats will be launched over the next three years, announced Prime Minister and Finance Minister Lawrence Wong in his Budget speech on Feb 18. The flats will be launched in housing estates islandwide, including in Woodlands, Bayshore and Mount Pleasant. The pipeline comes as part of the government’s efforts to keep public housing affordable and accessible, he says.

Tourism recovery pushes Orchard Road retail rents up 2.3% y-o-y in 4Q2024: Savills

EdgeProp Singapore

Budget 2025: Additional $100 worth of Climate Vouchers, programme to be extended to Singaporeans living in private…

AsiaOne

Budget 2025: More help for seniors, including those living in private property

The Straits Times

“They Never Cook At Home”: Nikhil Kamath Compares India And Singapore’s Eating Habits

NDTV

Freehold land parcel in East Coast landed estate for sale at $38 mil

Edgeprop

A freehold land parcel located at Jalan Jamal and Elite Park Avenue, off Upper East Coast Road in District 15, is up for sale by tender. The 35,528 sq ft site has an asking price of $38 million, or about $1,070 psf. The land is zoned for three-storey mixed-landed housing under the URA Master Plan 2019.

Sydney luxury project Aura by Aqualand to launch in Singapore with prices from A$2 mil

Edgeprop

Aura by Aqualand, a mixed-use residential project located in Sydney, Australia, will be launched to Singapore buyers during the weekend of Feb 22 and 23. Savills Singapore, the appointed marketing agent, says the exclusive launch will be held at the voco Orchard Hotel on Orchard Road. The project is located at 168 Walker Street in North Sydney, a suburb and commercial district situated across the Sydney harbour from the central business district and landmarks such as the Sydney Opera House.

Edgeprop

Econ Healthcare announced on Feb 14 that it had received a privatisation offer via a scheme of arrangement (SOA) from a special purpose vehicle (SPV) controlled by a TPG-affiliated fund. The offer price is either a cash consideration of 33 cents per share or a cash and securities consideration of 22.4 cents and 32.1148 cents in Holdco shares.

LSI unveils Singapore’s largest co-working lab at Elementum

Edgeprop

Singapore’s largest co-working laboratory space was launched last week by Life Science Incubator (LSI), a Singapore-based operator of shared lab spaces for biotech, medical technology and food technology companies. The new co-working laboratory space is LSI’s second shared lab in Singapore. The company also operates a 6,500 sq ft co-working lab at The German Centre. The 20,000 sq ft shared laboratory is on the 10th floor of Elementum, a 12-storey biomedical sciences building developed by Ho Bee Land.

How To Renovate A 4-Room HDB Flat For A Family With Three Kids In Singapore

Stacked Homes

A few days ago, a reader pointed out an interesting conundrum: the renovations on various websites, for big families, tend to be for other countries. And for Singapore sites, the nicest reno features all tend to show a big condo…

A First Look At Aurea, A Luxury Redevelopment Of Golden Mile Priced From $2,750 Psf

Stacked Homes

For a while now, critics have been all too eager to write off the Core Central Region (CCR) as yesterday’s news. Yet as we now see in 2025, new upcoming developments suggest that even an “old dog” can bask in…