Pinery Residences

29/03/2026

Pinery Residences sells 92.5% of units at average price of S$2,546 psf at launch

Pinery Residences, a Tampines project by Hoi Hup Reality and Sunway MCL, sold 544 units, or 92.5 per cent of its 588 units over its launch weekend, at an average selling price of S$2,546 per square foot (psf). The mixed-use development recorded robust demand across all unit types, the developers said in a Sunday (Mar 29) media statement, adding that Singaporeans and permanent residents accounted for nearly all buyers. “The strong sales achieved at launch reflect the project’s compelling value proposition and the continued demand for well-located integrated developments in established residential estates,” Hoi Hup and Sunway added.

A significant proportion of buyers could be upgraders from within Tampines Read more at The Business Times.

18/03/2026

New private home sales dwindle to 246 units in February during Chinese New Year lull

New private home sales fell in February with just 246 units moved, as developers held back launches during the Chinese New Year festivities.
But sales are expected to rebound in the coming months as more new projects are rolled out, analysts said. Data released by the Urban Redevelopment Authority on Monday (Mar 16) showed that the latest February sales – excluding executive condominiums (ECs) – were 84.6 per cent lower than the 1,597 units moved a year earlier, with no projects launched during the festive season.

Sales are expected to ramp up in the coming months as more ‘attractive’ projects hit the market, analysts say Read more at The Business Times.

18/03/2026

Hoi Hup–Sunway MCL’s Pinery Residences draws over 8,500 visitors on preview weekend

Over 8,500 visitors turned up at the preview of Pinery Residences in Tampines West over the weekend of March 14–15, reflecting strong interest in what will be the first mixed-use residential development integrated with an MRT station in Tampines West. Joint developers Hoi Hup Realty and Sunway MCL will launch the 588-unit development on March 28. The project will also feature a 121,600 sq ft retail podium, Pinery Mall, which is linked underground to Tampines West MRT Station on the Downtown Line.

Analysts say the strong turnout reflects the deep pool of HDB upgrader demand in Tampines, Singapore’s largest HDB town.

12/03/2026

SE Asia's resilient growth to fuel real estate investments, with data centres and industrial assets in focus: C&W

Southeast Asia remains one of the fastest-growing economic regions globally. Research compiled in Cushman & Wakefield’s Southeast Asia Outlook 2026, shows that Southeast Asia’s GDP has continued to register growth despite a turbulent global trade environment last year, with estimates showing an increase of 4.8% for 2025. The figure is based on the top six Southeast Asian economies (SEA-6): Singapore, Malaysia, the Philippines, Thailand, Indonesia and Vietnam.

Singapore accounted for about 61% of SEA real estate investment.

12/03/2026

As condos age, property managers navigate retrofitting, en bloc ambitions and rising maintenance costs

To hear Eleana Teo tell it, property management is as much about people management as it is about buildings. Take a private condo with 1,000 units and an average household size of three. “In reality, you’re not just dealing with three residents in a household,” says Teo. “There could be a helper, pets, tutors, music teachers — and sometimes even a chauffeur, tennis coach or swimming instructor entering the estate regularly.” Teo likens managing a large condo project to managing a small town. “The number of people coming through the development is far beyond the registered residents,” she adds.

As condos age, property managers are balancing upkeep and asset value.

12/03/2026

Rising Middle East tensions spur relocation enquiries to Singapore

The UAE has, in recent years, become a magnet for global wealth. Millionaires were attracted by its laissez-faire, tax-free environment, luxury lifestyle, ease of doing business and the availability of 10-year “golden visas” for residents. As the war involving Iran continues to unfold across the Middle East, even the traditionally stable Gulf hubs are beginning to feel uneasy. Some expatriates and their families based in the region are quietly exploring contingency plans — including the possibility of relocating to Singapore if tensions escalate further.

Property agents in Singapore say enquiries from UAE expatriates are increasing.

12/03/2026

Construction materials may get pricier on rising energy costs, Middle East conflict

The escalating conflict in the Middle East is having a growing impact on global construction supply chains as energy markets and shipping routes are affected. Project owners and developers worldwide, including those in Asia Pacific (Apac), face heightened exposure to material cost volatility and delivery risk, says construction consultant Linesight. At the centre of the disruption is the Strait of Hormuz, the narrow waterway through which some 20 million barrels of crude oil pass daily. It remains effectively closed as of March 11.

Geopolitical tensions are pushing up energy and freight costs, affecting construction materials such as steel, aluminium, cement

12/03/2026

Hoi Hup-Sunway MCL to preview Pinery Residences mixed-use project in Tampines West from $2,340 psf

Having developed two executive condo (EC) projects in Tampines over the past 15 years, long-time joint-venture partners Hoi Hup Realty and Sunway MCL are embarking on their third and latest project in the area — the mixed-use development Pinery Residences and Pinery Mall in Tampines West.

https://www.edgeprop.sg/property-news/hoi-hup-sunway-mcl-preview-pinery-residences-mixed-use-project-tampines-west-2340-psf

12/03/2026

Private wealth is reshaping who's funding real estate; global volatility a 'major test of nerve' for investors

The composition of capital flowing into global real estate investments is changing, with the rise of private wealth supplementing — and in some cases displacing — the traditional institutional investor base. This comes as institutional investors’ target allocations to real estate declined for the first time in 13 years in 2025, which reflects stiff competition for capital from infrastructure and private credit, according to the Emerging Trends in Real Estate Global Outlook 2026 published by PwC and the Urban Land Institute (ULI).

Rising construction costs, geopolitics, low yields are top concerns in Apac; family offices, private banks drive capital flows

12/03/2026

Property market sentiment dips in 4Q2025 as global uncertainties cloud outlook: NUS index

Sentiment in the Singapore property market is growing cautious amid unfolding global uncertainties. The 4Q2025 Real Estate Sentiment Index (Resi), published by the National University of Singapore’s (NUS) Department of Real Estate and Institute of Real Estate and Urban Studies (Ireus), showed that the Composite Sentiment Index declined to 5.8 in 4Q2025, from 6.1 in the previous quarter.

The Real Estate Sentiment Index decreased in 4Q2025, amid growing caution over geopolitical tensions worldwide.