Sun, 28 June 2026
URA releases two new GLS housing sites in Sin Ming and Kallang; BCA rules condo by-laws cannot restrict owners' rental rights
URA has launched two smaller residential land parcels in Sin Ming and Kallang under the Government Land Sales programme, with analysts expecting firm demand for the Sin Ming site. Separately, BCA has clarified that condominium by-laws cannot lawfully restrict owners' rights to rent out their units, a ruling with broad implications for landlords and rental listings. Singapore's private home market remains buoyant with new launches continuing to sell well despite soaring prices, though analysts flag cooling-measure risks if land bidding turns aggressive.
การเปลี่ยนแปลงนโยบายและภาษี
BCA rules condo by-laws cannot limit owners' right to rent out units
Following a Geylang condo's attempt to pass by-laws banning certain foreign worker groups from residing there, BCA has affirmed that such restrictions are unlawful and owners retain the right to rent out their units — agents and landlords should be aware this protects rental yield strategies against MC overreach.
Straits Times · source
URA releases two smaller GLS housing sites in Sin Ming and Kallang
URA has put up two new residential sites for sale — one in Sin Ming (expected firm demand) and one in Kallang (may stay on reserve list) — signalling continued calibrated land supply management; agents should monitor tender outcomes as bids could signal developer confidence and future pricing.
Business Times · source
New HDB site in Sembawang shrunk to preserve forest
HDB has reduced the footprint of a new Sembawang housing site following environmental impact assessments, reflecting MND's balancing of housing supply with green space preservation — buyers eyeing Sembawang BTO launches should note potential reduction in unit count.
Straits Times · source
ความเคลื่อนไหวของตลาด
Singapore new condo launches sell well despite soaring prices
Despite price levels hitting multi-year highs as 2022 wound down, new condominium launches continued to see strong take-up, underpinned by resilient demand and limited supply — a trend analysts note persists even as risk factors build.
Business Times · source
Analysts flag cooling measure risk if developers bid aggressively for land
While the private housing market outlook remains firm, some analysts warn that aggressive developer land bids could trigger fresh government cooling measures, adding a key watch-point for the second half of the year.
Business Times · source
Penrose condo (Aljunied) ~60% sold at S$1,500–S$1,700 psf average
Hong Leong and CDL's Penrose project at Aljunied has reached approximately 60% sold, with early-bird prices from S$788,000 and average transacted prices between S$1,500 and S$1,700 psf, drawing buyers broadly across all unit types with ~85% being HDB upgraders.
Business Times · source
Dysons sell Wallich Residence penthouse for S$62m to tycoon Leo Koguan
The Dyson family has divested the Wallich Residence super-penthouse for S$62 million to Indonesia-born US citizen Leo Koguan, underscoring continued ultra-luxury demand at the top end of Singapore's residential market.