City Plaza en bloc talks, Beauty World Plaza, AirTrunk REIT delay (SG Property Daily)
HDB Resale Price Index: Up 8% in Two Years, Flat in the Last One
HDB resale prices have gone flat after a run of gains. What the HDB Resale Price Index measures, its last eight quarters, and private homes.
News
City Plaza owners enter private talks after S$970 million en bloc tender draws no formal bids
The Business Times reports the tender closed on Oct 13 with no formal bids, though expressions of interest were received. Marketing agent Huttons Asia says the site now enters a 10-week private treaty period while talks with interested parties continue.
Beauty World Plaza up for collective sale at S$165 million
The Business Times reports ETC is offering the 999-year leasehold mixed-use site at S$165 million, or S$2,231 psf of gross floor area. Preliminary approval has been granted for about 108 serviced apartment keys. The public tender closes at 3 pm on Nov 19.
Only 1 in 22 condo resales in the past year sold for S$800,000 or less, Stacked Homes finds
Stacked Homes went through private caveats lodged between September 2025 and August 2026. It reports 535 of 11,993 condo and apartment resales (executive condos excluded) went for S$800,000 or less, about 4.5%. The lowest price was S$570,000.
AirTrunk delays planned Singapore REIT IPO, sources say
The Straits Times, carrying a Reuters report, says the Blackstone-backed data-centre operator put the IPO, which could raise about $1.5 billion, on hold because of market conditions. Sources say it aims to list by early 2027.