Do higher floors cost more, Thomson Reserve cheques, Marina Collection discount, S$148M bungalow (SG Property Daily)
Propwise Analysis
Do Higher Floors Cost More in an HDB Flat? Nine Years of Resales
HDB resales since 2024: flats on floors 13 to 15 sold for a median 11% more per sqm than floors 4 to 6 in the same town, flat type and year.
News
Thomson Reserve collects about 3,200 cheques, over 2.5 times subscribed, ahead of Oct 31 launch
The 1,268-unit 99-year leasehold project at Bright Hill Drive, off Upper Thomson Road, is the largest new private launch of 2026. VIP bookings start on Oct 30. The preview drew 11,800 visitors over its opening weekend and more than 23,000 in the first week.
HDB revises Maju Forest and Gillman Barracks plans: about 1,200 fewer homes, more greenery kept
Maju Forest (Sunset Way) is planned for about 4,000 flats with 45% of the greenery retained. Gillman Barracks is planned for about 7,000 homes with 12 ha of greenery kept, up from 8 ha. The changes follow environmental and heritage studies and public feedback.
UOB prices 38 Marina Collection units from S$1,269 psf in Sentosa Cove
The units average S$1,340 psf, priced 20% below recent Sentosa Cove resales. UOB is selling them after a long-running legal dispute over defaulted housing loans at the 124-unit Sentosa Cove development.
A S$148 million sale at 24 Peirce Road leads the 10 biggest Good Class Bungalow deals of the past decade
The December 2025 sale is the most expensive single-house transaction in URA caveat records, which date back to 1995. The list also covers land prices on Nassim Road, Dalvey Road, Queen Astrid Park and Cluny Hill.
Condo resale volumes up 10.8% MoM in September to 1,093; resale prices up 0.7% MoM, 3.5% YoY
Volumes were 5.1% lower YoY and 1.3% below the five-year September average. Core Central Region resale prices rose 2% MoM, Rest of Central Region 0.3% and Outside Central Region 0.2%. The Outside Central Region took 50.3% of deals. The 99-SRX flash report links the rebound to buyers returning after the ghost month.
HDB rental volumes down 15.4% MoM in September to about 2,379 units, 9.3% lower YoY
Volumes were 2,811 in August and 2,624 in September 2025, and 7.1% below the five-year September average. Four-room flats took 37.7% of rentals and three-room flats 36%. The figures are 99.co and SRX flash estimates.
Bishan 4-room median resale price down 9.1% YoY to S$750,000 as HDB resale prices fall a third quarter
Four-room flats in Bishan fell from S$825,000 to S$750,000 in a year, the biggest drop among the towns reviewed. Three-room flats in Jurong West fell 7.4% YoY, from S$405,000 to S$375,000. The HDB Resale Price Index slipped to 202.5 in Q3 2026 from 203.7 in Q3 2025, about 0.6% lower YoY.
Mapletree Logistics Trust to redevelop two Changi South properties into a Grade A warehouse for S$141 million
The trust targets a return on investment of 6% to 6.5%. MLT posted Q2 DPU of S$0.01816, up 0.1% YoY, and net property income up 1% YoY to S$154.8 million.
Far East Hospitality Trust Q3 net property income up 6.3% YoY to S$27.6 million
Gross revenue rose 7.2% YoY to S$32.6 million, led by a Nagoya hotel supported by Asian Games demand. Singapore hotel revenue rose 0.9% YoY to S$20.4 million.
CapitaLand India Trust Q3 net property income down 8% YoY to S$53.8 million on a weaker rupee
In rupee terms net property income rose 2%. Total property income fell 10% YoY to S$68.8 million. Portfolio occupancy was 91% at end-September and gearing 38.2%.