HDB resale volume, Pek Chuan Building sold, UOB on mortgage rates, S$16m Bukit Timah bungalow (SG Property Daily)
Propwise Analysis
HDB resale volume: 2,245 flats in September, 3.3% above a year ago
HDB registered 2,245 resale flats in September 2026. What the monthly count measures, the last 12 months, its link to S$1 million sales, and its limits.
News
Aw & Sons unit wins Pek Chuan Building tender at S$80.68 million
EdgeProp reports a unit of Aw & Sons Capital has bought Pek Chuan Building at 116 Lavender Street for S$80.68 million through a collective sale. The tender closed on Oct 7 with three bids. The price is 4.8% above the S$77 million asking price from the September relaunch. The site is 28,700 sq ft, zoned commercial, with a plot ratio of 2.5.
UOB says rising mortgage rates could dampen homebuyer demand
Singapore Business Review reports UOB says higher mortgage rates could erode affordability and dampen demand. It notes that the three-month compounded SORA is lower YoY but above its April 2026 low. It cites private home prices up 1.4% QoQ in Q3 2026 and 2.8% in the first nine months.
Only 7% of 4-room HDB resale flats sold below S$500,000 in the past year, Stacked Homes says
Stacked Homes says 730 of 10,814 four-room resale transactions in the 12 months to September 2026 were below S$500,000, about 7%. In the 12 months to September 2021, 8,161 of 12,176 were below that price. It says the median four-room resale price rose from S$458,000 in September 2021 to about S$630,000 last month.
Freehold Bukit Timah corner bungalow offered at S$16 million guide price
EdgeProp reports the freehold corner detached house at 435 Bukit Timah Road is for sale by private treaty at a S$16 million guide price, or S$2,361 psf on land area. The 6,778 sq ft site comes with URA-approved plans for a five-level, eight-bedroom home of 9,992 sq ft. The owner bought it in 2021, Colliers’ Terry Wong says.