Property scam checks, 7,964 BTO flats, Tampines S$1.275M record, Eastpoint Mall talks (SG Property Daily)
Propwise Analysis
Property Investment Scams in Singapore: 11 Checks Before You Pay
Investment scams cost Singaporeans S$169.8m in H1 2026. Warning signs of property schemes and seminars, 11 checks to run, and what to do if you are hit.
Singapore’s Private Home Vacancy Rate: The Five-Year Range by Region
Vacancy of completed private homes, island-wide and by CCR, RCR and OCR, with the five-year range, how the rate is counted and what it cannot show.
News
HDB launches 7,964 BTO flats in seven projects as higher income ceilings take effect
The seven projects are in Bedok, Geylang, Sembawang, Tengah, Toa Payoh and Yishun. About 1,300 Sembawang North flats have waits under three years. Income ceilings of S$16,000 for families and S$8,000 for singles apply from this launch. Toa Payoh Hillside, the only Prime project, has an 11% subsidy clawback.
Police probe a man for alleged cheating over shell companies used to live rent-free
A court found a pattern of Mr Anthony Thomas Price using shell companies to live rent-free in residential properties, Senior Minister of State for Law Murali Pillai told Parliament. The official receiver is probing possible fraudulent and wrongful trading. ACRA is looking into possible breaches of the Companies Act.
A Tampines Palmspring executive flat sells for a record S$1.275 million
The 1,528 sq ft flat at Block 938 Tampines Avenue 5, on the seventh to ninth floor, sold at S$834 psf. It beats the previous Tampines record of S$1.24 million (S$773 psf) for a 1,604 sq ft executive flat at 856F Tampines Street 82, despite being smaller and having a shorter lease.
Link Reit in talks to buy about 50% of Eastpoint Mall from Income Insurance
Hong Kong-listed Link Reit and Income Insurance are working on a deal for a stake of around 50% in Eastpoint Mall, next to Simei MRT station. The six-storey mall has 150 units and is managed by Frasers Property. Its site has a 99-year lease from 1993, leaving about 66 years.
CapitaLand Investment 9M revenue down 3% YoY to S$1.5 billion
Fee-related revenue rose 15% YoY to S$1.04 billion in the nine months to September. Real estate investment revenue fell 23% to S$580 million from S$753 million, on divestments and deconsolidation. CapitaLand Investment is targeting the listing of its second China commercial Reit by end-2026.
Manulife US Reit Q3 distributable income up 30.3% YoY to US$6 million
Income available for distribution per unit rose 30.8% to US$0.0034. Revenue fell 8.9% to US$24.9 million. Distributions to unitholders stay suspended under the Reit’s recapitalisation plan.
Este Villa freehold terraces with private lifts sold for about S$3.52 million
The cluster homes sold for roughly S$734,000 less than nearby freehold terraces. Stacked Homes weighs whether the lift is worth that gap.
S-Reits secure higher renewal rents for the period to 30 September, but payouts are uneven
Nineteen of 20 trusts recorded at least one positive rental-reversion measure. The gains did not consistently lead to higher distributions.