SG Property News | April 2 2025

Singapore property news roundup for Wednesday, April 2, 2025. Headlines link to the original publishers.

Daily Debrief: What Happened Today (Apr 1)

The Business Times

Stacked Homes

Kim Heng Ltd. Proposes Sale of Singapore Property to Greentec Energy

TipRanks

Keppel divests 42% stake in Palm City in Vietnam for $92.1 mil

Edgeprop

Keppel, through its real estate division, has divested its 42% stake in South Rach Chiec City (SRC) to Vietnamese real estate company Gateway Thu Thiem Joint Stock Company (GWTT). According to an April 1 release, the transaction has resulted in total cash proceeds of VND2.612 billion ($141.4 million). South Rach Chiec City is the developer behind Palm City, a 30-hectare integrated township situated in District 2 of Ho Chi Minh City.

Singapore Home Price Momentum Eases in Q1

TradingView

Asian Upstarts Lead the World in Luxury Real Estate

finews.asia

Singapore private home prices flatten in Q1, inching up 0.6% after year-end jump

The Business Times

“We Spent Just $5k On Reno” Why Some Buyers Are Skipping Big Renovations In 2025

Stacked Homes

For most Singaporeans, a huge part of moving costs includes renovations and furnishing. It’s not just about the money, it’s the time involved: there are families who have had to wait additional months due to the common delays, changes of…

Private residential property price index up 0.6% q-o-q in 1Q2025: URA flash estimates

Edgeprop

The overall private residential property price index rose by just 0.6% in 1Q2025, compared to the 2.3% increase in 4Q2024, according to URA flash estimates released on April 1. The pace of growth is similar to that of 3Q2024, and could point to price stability in 2025, says Lee Sze Teck, senior director of data analytics at Huttons Asia. Across the board, prices of non-landed private property eased 0.6% in 1Q2025, compared to 3% the previous quarter.