Singapore: HDB resale and BTO, private launches and developer sales, government land sales, en bloc, and the cooling measures that move them.
IOI Properties Group has exercised its call option to acquire MVKimi, the holding company of Asia Square Tower 2, for an estimated S$1.19678 billion. The 46-storey integrated development at 12 Marina View includes offices, retail space and the Westin Singapore hotel on a master lease.
Frasers Property will close Yishun 10 on 2 Mar 2027 for redevelopment into a mixed-use project with about 110 residential units and a retail podium. The new development, set for launch in mid-2027 and completion in mid-2031, will be the first residential launch in Yishun Central in over a decade.
The median resale price rose to S$635,000, up 0.8 per cent month on month in August 2026, while transaction volume fell 4.9 per cent to 2,521. Million-dollar sales totalled 201, accounting for 8.0 per cent of all transactions.
Frasers Property has bought the Cuppage Terrace conservation shophouses on Orchard Road for S$175 million. The developer plans to integrate the 17-unit enclave with the adjacent The Centrepoint to create a larger lifestyle precinct aligned with the government's rejuvenation plans for the shopping di
More than 50 tenants at City Sprouts' Punggol East container park must cease operations by 31 Oct 2026, as the land is returned to the Singapore Land Authority. The social enterprise received notice in May and has secured alternative space at Pasir Ris Park, but tenants say the short notice has left
Sephora Singapore launches the Olive Young K-Beauty Edit on Sep 2, bringing over 180 products from 20-plus Korean beauty brands to stores. The partnership debuts in Southeast Asia with Sephora Ion Orchard serving as a regional K-Beauty Discovery Launchpad.
Pham Nhat Vuong, chairman of Vingroup, leads Southeast Asia's five wealthiest billionaires with a net worth of US$36.5 billion, according to Forbes. The combined wealth of the top five, including tycoons from the Philippines, Indonesia and Thailand, totals US$110.7 billion.
BYD and Denza have launched a lifestyle card for selected customers, offering perks at 88 brands including Adidas, KFC and mewatch. The BYD and Denza Lifestyle Privilege Programme was announced on 31 Aug 2026, with eligible customers receiving their cards progressively from Tuesday.
Marina Square Shopping Mall will close on 31 Mar 2027 as part of a S$3 billion redevelopment by Singapore Land Group. The project will add 204 luxury homes, a 304-room hotel, 260 serviced apartments and Grade A offices, with completion targeted by 2031.
Sunway MCL, the Singapore property arm of Malaysia's Sunway Bhd, plans to secure several land parcels annually as it expands its residential pipeline. The developer has been active in government land sales, including a S$750.6 million bid for a River Valley Green site and a joint venture for the Bay
Analysts say VITRO REIT's delayed listing reflects deal execution and market timing rather than a change in PLDT's commitment. The data centre REIT now targets a 12 Oct listing on the Philippine Stock Exchange, with PLDT aiming to raise up to US$400 million from the offering.
Centurion Corporation has secured a second worker dormitory site in less than a month, paying S$221.7 million for a 30-year leasehold parcel at Lok Yang Way. The project adds 5,000 beds, bringing the company’s combined land outlay for two projects to S$564.7 million and expanding its Singapore capac
The Building and Construction Authority (BCA) found more than 600 buildings with structural defects each year from 2023 to 2025 out of over 7,000 inspected annually. About 91 per cent of buildings inspected over the three-year period had either no defects or only minor ones. Inspections use drones,
Bitcoin miner IREN reported AI Cloud Services revenue rose from US$16.4m in fiscal 2025 to US$128.8m in fiscal 2026, reflecting a shift from mining to cloud computing. The trend highlights growing convergence between cryptocurrency mining and AI infrastructure, both dependent on data centres and ene
Tay Ninh Provincial People's Committee has approved the investment policy for Tan Lan 3 Industrial Park, selecting IMG Long An Joint Stock Company as the investor. The 336-hectare multi-sector park in Tan Lan Commune requires VND8.45 trillion in total investment and will have a 50-year operating ter
OpenAI has been issued warrants estimated at US$5.5 billion in power infrastructure firm SB Energy, according to draft IPO documents reviewed by the Wall Street Journal. SoftBank Group and OpenAI are planned tenants in three SB Energy data centers, the report adds.
National Development Minister Chee Hong Tat says two BTO projects in Sin Ming and Toa Payoh will offer about 1,200 flats with waiting times of under three years. The launches are part of broader plans for more than 10,000 public and private homes in Toa Payoh West and Mount Pleasant over the next de
Singapore architect Chang Yong Ter, founder of Chang Architects, has spent over two decades creating distinctive homes shaped by nature, spirituality and a philosophy of doing things differently. His projects include the acclaimed Elok House and Moongate House, a Good Class Bungalow in Bukit Timah.
A Russian drone strike on a warehouse in the village of Myla near Kyiv sparked a massive detonation that killed at least 37 people and injured dozens on Friday night. President Volodymyr Zelenskyy vowed accountability, as the incident marks the second such strike-related explosion in the region in t
Japan's acclaimed live show Dinosaur Odyssey will stage its first large-scale indoor production outside the country at Resorts World Sentosa from 3 to 6 Dec 2026. The production features 15 ultra-realistic dinosaurs, including a T-rex, that move within arm's reach of audiences, with tickets priced f
New family support measures announced at the National Day Rally on Aug 23 aim to make having more children less daunting, but the hardest resource for parents to stretch remains time. Father-of-three Malminderjit Singh reflects on the practical challenges of raising three children and how the latest
VITRO REIT and PLDT Global Corp have signed a colocation agreement with Singapore-based wholesale telecoms carrier SG.GS Pte. Ltd. The deal will see SG.GS deploy network infrastructure within VITRO's carrier-neutral facilities in the Philippines, enhancing regional interconnection across Asia-Pacifi
Identity verification startup Socure has secured a strategic growth investment that values the company at S$5.2 billion. The firm also acquired agentic operations platform Fravity, though financial terms of the deal were not disclosed.
The Singapore Red Cross has pledged S$50,000 in humanitarian aid for flood-hit Nepal and Tibet, where more than 1,000 people including nine Singaporeans are missing. A public fundraising appeal will run from Aug 28 to Nov 30, with funds channelled through the Red Cross and Red Crescent Movement.
Singapore is set to surpass its 2019 annual peak for real estate transactions, with first-half volumes surging 269 per cent year-on-year to US$10.3 billion. A further S$6 billion of announced deals could push the city-state past the previous S$13.1 billion record, driven by lower interest rates and
Prime Minister Lawrence Wong has offered condolences to those affected by deadly flash floods along the Nepal-China border. Two Singaporeans are reportedly among 47 missing after the disaster, which has killed at least 165 people.
The yield on the 30-year US Treasury bond hit a near-20-year high above 5.33% on 18 Aug, prompting US intervention. Analysts warn that higher US yields will push up borrowing costs in Asia, making mortgages and loans more expensive for households and businesses.
Apple will hold its next launch event on 9 September, senior executive Greg Joswiak said on X. The company is expected to unveil its newest iPhone series and potentially its first foldable phone, marking new CEO John Ternus's first major event.
The proposal to join several southern islands into a larger western island offers a rare chance to assess environmental impacts over a 50-year horizon, argues NUS researcher Melissa Low. She calls for early public engagement and strategic environmental assessments before major land-use choices becom
Chinese vacuum cleaner maker Dreame is winding down its electric-vehicle venture, codenamed "Star Project", reducing its workforce from nearly 1,000 to a few dozen staff. The move reverses plans announced just over a year ago to build luxury EVs and expand into showrooms in the Middle East.
Apple on Tuesday unveiled a more powerful Mac mini and a refreshed Mac Studio lineup, targeting consumers and professionals running AI agents locally. The new devices start at US$899 and US$2,499 respectively, with prices rising amid climbing memory chip costs.
OUE Ltd has proposed to privatise its healthcare subsidiary OUE Healthcare at an implied equity value of S$222.2 million, offering S$0.050 per share for the minority stake it does not already own. The offer represents a 28.2 per cent premium to the last traded price and aims to delist the Catalist-l
Minister Indranee Rajah says shifting workplace attitudes is a tougher challenge than providing financial support for parents. She was speaking after the National Day Rally announced new childcare leave, preschool subsidies and other measures. The full report of the Marriage and Parenthood Reset Wor
Twenty independent bookshops across Singapore will hold the inaugural Singapore Indie Bookshop Day from Oct 2 to 4, featuring storytelling sessions, author visits, a stamp rally and other community events. The event is jointly organised by the participating shops and the Singapore Book Publishers As
Singapore's core inflation rose to 2 per cent year-on-year in July, up from 1.6 per cent in June, driven by higher electricity and gas, services and food inflation. The Monetary Authority of Singapore and Ministry of Trade and Industry said core and overall inflation are projected to average 1.5 per
Nvidia is discussing an investment in AI search startup Perplexity as part of a funding round that would value the company at more than US$30 billion, according to The Information. The valuation would represent a more than 50 per cent increase from Perplexity's previous round a year ago, the report
OCBC raised its rating on City Developments Limited (CDL) to 'buy' from 'hold' after the developer's first-half net profit more than tripled. Analysts are also watching for the outcome of CDL's strategic review, expected by end-September.
Prime Minister Lawrence Wong announced at the National Day Rally on 23 Aug 2026 that income ceilings for BTO flats will rise from S$14,000 to S$16,000, and for executive condominiums from S$16,000 to S$18,000. First-timer families with or expecting children will receive one additional ballot chance
Singapore has awarded four companies – Digital Realty, Equinix, ST Telemedia Global Data Centres and Keppel Data Centres – the rights to develop 50MW each of new data centre capacity on Jurong Island. The 200MW total allocation meets the minimum capacity proposed under the DC-CFA2 application proces
7-Eleven Singapore has rolled out Take Five Spot, a self-care initiative at dine-in areas in more than 60 stores. Customers can access guided breathing exercises and mental well-being resources from MindSG.
Rising property prices and burnout are driving young Singaporeans to rent homes overseas in Thailand, Malaysia and China. One social media manager pays S$600 a month for a Bangkok apartment, while a couple earns S$2,300 net monthly after renting out their HDB flat and moving to a larger house in Sel
Chinese milk tea brand Chagee has opened three new stores in Singapore, including a family-friendly outlet in Pasir Ris with a children's play area. The openings bring its total in the city-state to 46, all launched within two years.
OpenAI has reduced prices for its frontier GPT-5.6 Sol model by over 20 per cent for developers via its API, cutting input token costs to US$4 per million and output tokens to US$20. The three-month promotional period comes amid rising competition from Anthropic and Chinese AI models.
Starcloud, a startup developing orbital data centres, has raised US$250 million in a funding round that values it at US$2.3 billion. The round was led by Manhattan West with participation from Nvidia and Cisco Investments, and the company plans to expand AI infrastructure in space.
CapitaLand Investment and IOI Properties are planning a joint venture to acquire One Raffles Place, one of Singapore’s tallest towers. The complex, valued at about S$2.37 billion, comprises two office towers and a retail mall in the central business district. UOB is expected to retain its current sp
Father-and-son billionaires Raj Kumar and Kishin have reportedly placed a deposit on Scotts Square, a freehold mall in Singapore’s Orchard Road area, with a sale agreement possible by early September. The S$250 million deal would see the duo add the 130,900 sq ft retail podium to their property empi
Tatyana Kim, the former English teacher who co-founded e-commerce platform Wildberries, is now Russia's richest woman with an estimated net worth of US$8.1 billion. The company, launched in 2004 from her Moscow apartment, generated US$9 billion in 2024 revenue and serves more than half of Russia's p
The Ministry of Social and Family Development (MSF) has approved 17 community-led pilot projects under its S$450,000 Partnership to Tackle Homelessness (PATH) fund, 11 of which target tailored support for rough sleepers. One initiative matches single rough sleepers with compatible co-tenants for pub
Billionaire Koh Wee Meng's Fragrance Group has launched the sale of Verdun House, a freehold commercial building in District 8, with an asking price of S$64 million. The 48.8% premium over its 2022 purchase price reflects S$2,669 psf on maximum gross floor area.
Resale flat transactions surged to 2,652 in July 2026, up 24.7 per cent from June. The median price rose 0.8 per cent to S$630,000, though median psf slipped 1.6 per cent to S$595 psf. Million-dollar sales accounted for 7.1 per cent of all transactions.
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