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Clarke Quay Revamp, Yishun EC Lessons, and Tenancy Deposit Risks

Published 10 June 2026 · Covers news from 9 Jun to 10 Jun

Three distinct but practical stories emerge today: a mixed-use redevelopment along the Singapore River, a cautionary EC price-growth analysis in Yishun, and a Small Claims Tribunal ruling that highlights tenancy deposit risks for landlords and tenants alike.

  • Clarke Quay mixed-use redevelopment: Union Square Residences by CDL launched in November 2024 at around $3,200 psf and has sold over 40% of its 366 units, according to Stacked Homes. The broader redevelopment along the Singapore River is set to include co-living, Grade A offices, and new public spaces, with completion targeted for 2029. [5]
  • EC price growth cautionary tale in Yishun: Stacked Homes reports that The Canopy EC, launched in 2010 near D27 private home prices, delivered an annualised return of only 3.9% — underperforming neighbouring condos and ECs from the same era. The analysis attributes the muted growth to its high launch price relative to the private market, offering a reference point for buyers evaluating the incoming Miltonia Close EC site. [1]
  • Tenancy deposit dispute at Small Claims Tribunal: A Singapore Small Claims Tribunal ruling found that a tenant lost $1,695 of their deposit, with a missing signed inventory list cited as a key factor in the outcome. Stacked Homes outlines four principles tenants and landlords should apply before a lease ends to avoid similar disputes. [3]
  • Hong Kong student housing investment by Singapore group: A Singapore-linked group has purchased a tower in Hong Kong to expand its student housing portfolio, according to the South China Morning Post — a cross-border capital move that signals continued institutional appetite for purpose-built rental assets in Asia, though the report does not concern Singapore residential supply directly. [4]

Sources

  1. [1]
    Most EC Owners From This Era Made A Lot Of Money. Why Didn’t This Project Keep Up?

    Stacked Homes · 09/06/2026

  2. [3]
    How This Tenant Lost $1,695 From His Deposit — And How You Can Avoid The Same Costly Mistake

    Stacked Homes · 09/06/2026

  3. [4]
    Singapore group deepens Hong Kong student housing push with tower purchase - South China Morning Post

    Google News — Singapore property · 09/06/2026

  4. [5]
    The Plan To Revive Clarke Quay Starts With 1,062 New Homes

    Stacked Homes · 09/06/2026

Note: This insight was AI-synthesised from the sources above. We don't predict prices or recommend buy/sell timing. For decisions on a specific property, talk to a CEA-registered agent. Nothing here is financial or investment advice.