Dare's Property

18/06/2026

HDB has launched 6,952 Build To Order (BTO) flats across several towns, including highly anticipated projects in Berlayer and Upper Thomson under the Prime classification.

The launch includes projects in Bukit Merah, Toa Payoh, Woodlands, Clementi and other locations, offering a mix of Standard, Plus and Prime flats to cater to different housing needs.

So what does this mean for home buyers?

• More choices across both mature and non mature estates

• Prime location flats continue to be made available at subsidised prices, although with stricter resale conditions

• First time buyers may enjoy better opportunities with the larger supply of new flats

• Buyers considering the resale market now have another option to compare against

For existing homeowners:

• New BTO launches help meet housing demand and support market stability over the longer term

• Prime and Plus flats come with resale restrictions, which may continue to support demand for unrestricted resale flats in surrounding areas

One project that is likely to attract significant attention is the Berlayer development in Bukit Merah, given its city fringe location and proximity to amenities and transport links. Upper Thomson is also expected to be popular due to its established neighbourhood and connectivity.

As always, the key question for buyers is not just whether they can secure a flat, but whether a BTO or resale property better suits their timeline, lifestyle and long term plans.

More supply is entering the market, but demand for well located homes remains strong.

Discover the latest HDB BTO flat launches, including Prime projects in Berlayar and Upper Thomson, with details on locations and pricing. Read more at straitstimes.com. Read more at straitstimes.com.

16/06/2026

Resale condominiums in Singapore are taking longer to sell, with listings now staying on the market almost twice as long compared to the post pandemic peak. Buyers are taking more time to compare options, while many sellers remain firm on their asking prices.

So what does this mean for home owners and buyers?

For sellers:
• Pricing strategy matters more than ever
• Overpricing may result in longer marketing periods
• Buyers today have more choices and are less likely to rush into a decision

For buyers:
• More inventory means more options to compare
• There may be greater room for negotiation on selected units
• Less pressure to make immediate decisions compared to previous years

What's interesting is that despite slower transaction activity, resale condominium prices have generally remained resilient as many owners are not under pressure to sell and continue to hold firm on their expectations.

This reinforces a reality we are seeing on the ground today:

The market has not become a buyer's market or a seller's market. Instead, it has become a market where accurate pricing, patience and proper strategy are becoming increasingly important.

The homes that are priced correctly still attract interest. The ones that are not may simply stay on the market longer.

With more choices, some sellers are waiting longer to secure a deal in the resale condo market. Read more at straitstimes.com. Read more at straitstimes.com.

12/06/2026

CDL and Hong Realty topped bids at S$542.4 million (S$1,865.15 psf ppr) for a 99-year Peck Hay Road housing site, part of URA’s new Newton plans.

The site offers 315 homes near Newton MRT, schools, and amenities within the Core Central Region, reflecting strong developer interest in CCR projects.

The successful bidder faces additional development costs for infrastructure, while URA plans 5,000 new homes in Newton over the next 10-15 years.

This is 2.5% more than the S$1,820 psf ppr fetched for a nearby plot next to Newton MRT interchange station in November Read more at The Business Times.

09/06/2026

In non property related news: Singapore Post has unveiled a new automated parcel sorting facility that can process up to 30 million parcels annually, significantly boosting its delivery capacity as online shopping continues to grow.

SingPost is also expanding its letterbox delivery initiative, allowing more parcels to be delivered directly into residents' letterboxes instead of requiring doorstep delivery.

So how does this affect residents?

• More parcels delivered directly to your letterbox
• Faster processing and delivery during peak shopping periods
• Fewer missed deliveries and less waiting at collection points
• Greater convenience for households that are often not at home

As Singapore continues to embrace e-commerce, improvements to logistics infrastructure may not make headlines like new MRT lines or housing launches, but they quietly make daily life more convenient for residents.

Small changes, big impact on everyday living. Would you welcome more letterbox parcel deliveries, or do you still prefer doorstep delivery?

SingPost also unveiled a S$30 million automated parcel sorting facility at its e-commerce logistics hub in Tampines that would reduce its manpower needs.

04/06/2026

Government will offer ten new private residential sites in H2 2026, including seven confirmed and three reserve list plots, yielding 4,575 new homes.

Confirmed list includes prime Orchard Boulevard and a Jurong East EC site. Analysts expect strong developer interest and high bids for these strategic parcels.

Reserve list features Plymouth Avenue/Dunearn Road site, previously Raffles Town Club. However, analysts predict low chance of it being triggered given confirmed list options.

In total, these sites will yield around 4,575 new private homes Read more at The Business Times.

02/06/2026

Higher land acquisition costs, with average land rates up 13% in 2026 YTD, are driving new home prices up.

Aggressive new launch pricing has also widened the gap between new and resale property prices.

Future affordability is a concern, as potential labour market shifts and weaker intergenerational wealth transfers may limit buyers' capacity to absorb rising property prices.

Strong take-up at new launches fuels developer confidence, but higher land costs will test buyer demand Read more at The Business Times.

31/05/2026

As we celebrate Vesak Day, may the values of kindness, mindfulness, and compassion guide our path toward a brighter, collaborative future. Wishing everyone a meaningful day of reflection and renewed energy!

27/05/2026

Wishing all my Muslim friends a blessed Hari Raya Haji.

May this day be filled with joy, meaningful moments with family and friends, and a reminder of the values that bring communities together. May you and your loved ones be blessed with good health, peace, and happiness.

For the rest, have a good rest today!

17/05/2026

Three new Circle Line MRT stations will officially open on July 12, improving connectivity in the western and southern parts of Singapore. The stations are Keppel MRT Station, Cantonment MRT Station, and Prince Edward Road MRT Station.

The opening completes the Circle Line loop which authorities expect this to shorten travel times and ease congestion across parts of the rail network.

The new stations will also improve access to areas such as the Greater Southern Waterfront, Keppel district, and existing residential estates nearby, supporting future growth and redevelopment plans in these locations.

From a property market perspective, MRT connectivity continues to be one of the strongest drivers of long term demand and liveability. Areas around the new stations may gradually see stronger interest as accessibility improves and redevelopment plans progress over time.

This is especially relevant for the Greater Southern Waterfront, where transport infrastructure is being put in place ahead of larger transformation plans. While price movements may not happen immediately, improved connectivity often shapes buyer perception and future demand in the years ahead.

Commuters can travel between the three new Circle Line stations for free in a public preview on Jul 4.

08/05/2026

National Development Minister Mr. Chee Hong Tat said on May 8 that the government will introduce new measures to keep executive condominiums (EC) affordable.

- New EC buyers must live in their homes for 10 years, double the current period, to curb speculation and prioritise occupation needs.
- The deferred payment scheme will be removed to encourage financial prudence among buyers, affecting HDB upgraders who may have existing loans.
- More EC units, 90%, will be reserved for first-time buyers for two years, aiming to boost affordability and reduce developer land bids.

How will this policy change affect you as a home owner or buyer? Ask me for more insights.