HDB million-dollar flats, Chuan Grove GLS site, Realion 2027 HDB outlook, luxury condo deals (SG Property Daily)
Propwise Analysis
HDB Flats Sold for S$1 Million or More: 208 in September 2026
208 HDB flats sold for S$1 million or more in September 2026, about 21% more than a year earlier. What the count measures and what it cannot show.
News
URA releases Chuan Grove and Plymouth Avenue/Dunearn Road GLS Reserve List sites
The two Reserve List sites can yield about 930 and 250 homes. The Plymouth Avenue/Dunearn Road plot is the former Raffles Town Club site. A Reserve List site goes to tender only when a developer submits a minimum price the government accepts. Huttons and PropNex do not expect either site to be triggered soon.
Realion sees HDB resale prices up 2% to 4% YoY in 2027 despite supply surge
More flats reach their minimum occupation period, so resale supply rises in 2027 and beyond. Cash-rich buyers, including private owners freed by the removal of the 15-month wait-out period in August, should support prices. Realion forecasts 26,000 to 28,000 resale transactions in 2027, and prices up 2% to 4% against 0% to 1% in 2026.
Luxury non-landed deals down 16.5% QoQ to 66 in Q3; ultra-luxury deals fall to 11
Luxury non-landed sales totalled S$509.6 million, 24.3% below Q2 and 31.2% below a year earlier. Ultra-luxury deals of S$10 million and above fell to 11 from about 24, the lowest since Q4 2025. The priciest was a S$20 million (S$6,112 psf) unit at Sculptura Ardmore. Huttons links the dip to uncertainty over China’s tax on offshore trusts.
Condo rents up 2.4% YoY in September, down 0.1% MoM
Overall condo rents edged down 0.1% MoM in September but were up 2.4% YoY.
Two Tiong Bahru HDB blocks to get HIP upgrading after a successful re-poll
Block 34 Kim Cheng Street got 75% of votes in favour and Block 35 Lim Liak Street got 87%, meeting the 75% threshold in the 25 Oct re-poll. In 2025 they missed it by two votes and one vote. Both are four-storey walk-ups built in 1949; HIP already proceeds in the other 27 blocks.
Seven Hillview Terrace factories offered by tender at S$51.6 million guide price
The 999-year leasehold factories in Bukit Batok sit on 31,199 sq ft, about S$1,655 psf on land area. The tender closes at 3pm on 1 Dec. Four freehold factories next door are on sale by private treaty for S$33.6 million.
Strata landed homes in Cabana average S$2.84 million, S$1.32 million below freehold Sunrise Villa
The 119-unit estate sits next to freehold Sunrise Villa. The piece compares what the lower price covers, from lease length and layout to resale returns, against nearby condos and landed houses.
Single buyer on S$3,000 a month buys a S$330,000 two-room Yishun flat at 35
His Buangkok purchase fell through over family objections. He then found the Yishun two-room flat and bought it without using his cash savings.
MPACT and Singapore Land top the 2026 GRESB real estate sustainability benchmark
For the first time, Mapletree Pan Asia Commercial Trust and Singapore Land are global sector leaders among listed entities in the standing investments benchmark. Hongkong Land slipped.
Keppel Reit 9M distributable income up 24.4% YoY to S$179.9 million
Net property income for the nine months to 30 Sep rose 12.7% YoY to S$181.8 million. Excluding recent acquisitions, including Top Ryde City Shopping Centre and a one-third interest in Marina Bay Financial Centre Tower 3, distributable income rose 3.6%.
Mapletree Industrial Trust Q2 DPU down 6.6% YoY to S$0.0297
Net property income fell 3.5% to S$119.8 million and gross revenue fell 1.9% to S$167 million, on lower North American income, the sale of three Singapore industrial properties and a weaker yen.
Digital Core Reit guides DPU of US$0.0415 to US$0.0425 for 2027
The midpoint is about 17% above the current US$0.036. Its nine-month distributable income dipped 1.1% to US$34.8 million, and revenue rose 1.6% to US$134.5 million. The Linton Hall lease starts in December.
UI Boustead Reit posts maiden DPU of S$0.0371, 0.8% above forecast
Net property income of S$54.5 million missed the forecast by 1.8%. The annualised yield is 8.3% at the S$0.81 close on 30 Sep. The first payout is on 7 Dec 2026.