AI-synthesised
Freehold Siglap Plot, HDB Shophouses, and Million-Dollar Flat Trends Headline June Market
Published 17 June 2026 · Covers news from 16 Jun to 17 Jun
A freehold redevelopment site in Siglap is seeking $28 million, while two rare HDB shophouses in Toa Payoh and Kovan are on the market at above $5 million each. Separately, commentary examines why million-dollar HDB resale transactions are becoming more common.
- A 13,523 sq ft freehold plot at Jalan Ulu Siglap is for sale at a guide price of $28 million via CBRE, with an EOI closing July 15; it can be redeveloped into non-landed residential at approximately $1,462 psf ppr or landed housing at around $2,070 psf, subject to authorities' approval. [1]
- Two two-storey HDB shophouses — one in Toa Payoh and one in Kovan — are being marketed by Sakal Real Estate at guide prices of $5.5 million and $5.3 million respectively, with an EOI closing July 23; foreigners are eligible to purchase, subject to ABSD on the residential component, and the properties can be acquired as a portfolio or individually. [5]
- Vulcan Post reports that the rising number of million-dollar HDB resale transactions is a function of the system operating as designed, though the article's underlying data is not fully reproduced here. [3]
- Stacked Homes reviews Summerdale EC in Jurong, launched in 1997 during the Asian Financial Crisis, noting its annualised price growth has lagged the broader EC market, with current three-bedders near Lakeside MRT available from $1.39 million. [2]
Sources
- [1]This Rare Freehold Siglap Site Is Seeking $28 Million — Why Buyers May Still Pay Up
Stacked Homes · 16/06/2026
- [2]This 25-Year-Old EC Has Spacious 3-Bedders From $1.39M — But Has It Been A Good Buy?
Stacked Homes · 16/06/2026
- [3]Why are so many million-dollar HDBs hitting the market? Because the system works as designed. - Vulcan Post
Google News — Singapore property · 16/06/2026
- [5]
Note: This insight was AI-synthesised from the sources above. SifuProperty does not 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.