Freehold psf premium by district, CDL warning, 50 shophouses S$500m, BTO 4.5 times (SG Property Daily)
Propwise Analysis
Freehold vs leasehold: which districts pay a psf premium?
Freehold condos sold for a median 10% more per sq ft than 99-year leasehold in Oct 2024 to Sep 2026. By district, the gap runs from +26% to -22%.
New Launch Condos: What Sales Galleries Leave Out (2026)
What sales galleries leave out: how ’% sold’ works, freebies and rebates as hidden price cuts, shrinking units and rental claims, with 2026 numbers.
When Is the Best Time to Apply for a BTO Flat? (Q3 2026)
Is there a best time to apply for a BTO flat? How 2026 launches work, why eligibility matters more than market timing, and what the Nov 2026 exercise offers.
News
CDL expects a significantly weaker second half of FY2026; shares hit a one-year low of S$6.40
Capital recycling deals planned for the rest of FY2026 now slip to FY2027, amid inflation and high interest rates. CDL also flags adverse foreign exchange movements and possible property impairments. In the second half of 2025 it booked a capital recycling gain of S$473.1 million. Shares fell as much as 10.1% on 12 November.
8M Real Estate is understood to be buying about 50 conservation shophouses for around S$500 million
The portfolio is held by entities linked to investor Tony Chen. The shophouses are on Duxton Road, Duxton Hill, Tras Street, Craig Road and Neil Road in the Tanjong Pagar Conservation Area. Most sit on land with 61 or 62 years left on a 99-year lease; the Tras Street ones have about 67 years.
November BTO draws over 35,600 applications for 7,964 flats, a rate of 4.5
As at 5pm on 11 November, the last day of applications, the subscription rate is the highest since August 2022. It is also the most applications since October 2024. Two-room flats drew a record number of applicants.
HDB deficit narrows to S$4.7 billion in FY2025 from S$6.34 billion a year earlier
The FY2025 year ran from April 2025 to March 2026. Core activities such as building and selling flats ran a S$5.13 billion shortfall, offset by a S$419 million surplus from other activities. HDB completed 15,417 flats, down from 20,294, and had 100,122 under construction. It issued keys to 19,254 households, up from 17,633.
Twelve units linked to the S$3 billion laundering case go to auction on 25 November
Seven two-bedroom units at Martin Modern carry a guide price of S$2.238 million each, or S$2,929 psf. Five three-bedroom units at Wallich Residence carry S$4.42 million each, or S$3,366 psf. SRI sold four units in September and one at New Futura in October.
Construction costs are up 30.2% since 2021; JLL sees tender prices up 2.3% to 3.3% YoY in 2027
The 2027 forecast eases from an estimated 2.5% to 3.5% this year. Over the same five years consumer prices rose 17.7%. JLL’s Global Construction Costs Index 2026 cites imported material prices, labour shortages and land scarcity.
Freehold Ridley Park bungalow on 27,443 sq ft of land is launched for sale by EOI
Huttons Asia markets the District 10 Good Class Bungalow, which has a two-storey house of about 11,000 sq ft. No guide price is disclosed. A similar-sized Ridley Park bungalow is listed at a S$100 million ask, or S$3,650 psf on land.
A three-storey shophouse at 14 Gemmill Lane is offered at a S$23 million guide price
The price works out to about S$3,002 psf on a gross floor area of 7,662 sq ft. The District 1 shophouse is marketed for redevelopment potential.
A JTC Tuas B2 factory with unused plot ratio is offered at S$13.8 million
On a maximum potential gross floor area of about 86,835 sq ft, the guide price is about S$159 psf.
NTT DC Reit’s H1 DPU of US$0.0432 beats its IPO projection by 10%
Net property income of US$55.8 million is 4.9% above projection. Portfolio occupancy by IT load rose 1.6 points to 97.5% at 30 September on tenant expansions at two California data centres.