AI-synthesised
Sentiment Turns Pessimistic as Shophouse, HDB Maisonette Records Emerge
Published 24 June 2026 · Covers news from 23 Jun to 24 Jun
NUS survey data shows Singapore real estate executives turned pessimistic in Q1 amid inflation fears and Middle East tensions, even as individual transactions — including a record HDB maisonette sale and a $33.4M shophouse listing — point to continued activity at the high end.
- A NUS poll reported by The Business Times shows Singapore real estate executives turned pessimistic in Q1, with inflation fears and the Middle East crisis cited as headwinds — a notable sentiment shift for the market overall. [3] [10]
- A 1,614 sq ft executive HDB maisonette at 3 Toh Yi Drive (Bukit Timah) sold for $1,508,888 ($934 psf) in June 2026, setting a new block record despite only 61 years of lease remaining; the previous record of $1,501,555 was set at the same block in May 2025. [9]
- A freehold 5-storey shophouse at 42 South Bridge Road in the Upper Circular Conservation Area is listed via Expression of Interest at $33.4 million ($5,194 psf on total floor area); the property is tenanted across F&B, a private wine club, and office uses, and foreigners are eligible to purchase with no ABSD or SSD. EOI closes 28 June. [1]
- Waterwoods EC in Punggol launched in 2013 at approximately $922 psf and has reached $1,449 psf post-MOP according to Stacked Homes analysis, with four-bedders averaging $1.87 million — though the report notes growth has lagged the broader EC market. [4]
- A case study published by Stacked Homes details a couple who sold a Clementi DBSS flat at $710,000 upon MOP and upgraded to a $1.7M 2-bedroom unit at The Interlace, highlighting the upgrade pathway some HDB owners pursue after MOP. [2]
Sources
- [1]
- [2]How We Upgraded From A DBSS Flat To A $1.7 Million 2-Bedroom Condo: A Buyer’s Case Study
Stacked Homes · 23/06/2026
- [3]Property market turns pessimistic amid Middle East crisis: NUS - EdgeProp.sg
Google News — Singapore property · 23/06/2026
- [4]This Punggol EC Grew From $922 PSF To $1,449 PSF After MOP — But That’s Not The Most Interesting Part
Stacked Homes · 23/06/2026
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.