Week 23-29 Oct resales, stamp duty on S$1.5m, Orchard Boulevard bids, S$1.818M five-room record (SG Property Daily)
Propwise Analysis
Non-Landed Resale Transactions: Week of 23 – 29 October 2026
264 condo, apartment and EC resales that URA added in the week of 23 – 29 October 2026, with prices, sizes and tenures.
Stamp Duty on a S$1.5m Condo: What You Pay vs 2011, 2018
Buyer’s Stamp Duty on a S$1.5m condo is S$44,600 now and was S$39,600 in 2011. A citizen pays ABSD of 0%, 20% or 30%. The rates and the working.
News
Orchard Boulevard site draws five bids; top bid S$1,755 psf ppr from Hong Leong and TID
The top bid of S$181.86 million came from Intrepid Investments, a Hong Leong Holdings unit, and TID Residential. It is 8.3% above the second bid of S$167.85 million (S$1,620 psf ppr) from a GRC Group unit. The lowest bid was S$1,350 psf ppr. URA has not yet announced the award.
Analysts expect the Orchard Boulevard condo to launch from S$3,500 psf
The 37,006 sq ft Core Central Region site is one of the smallest GLS sites launched this year, yet drew one of the highest land rates in the region. The winning S$1,755 psf ppr bid is toward the low end of the S$1,650 to S$1,950 psf ppr range analysts had predicted.
A five-room HDB flat at SkyParc @ Dawson sells for S$1.818 million, the first above S$1.8 million
The 1,195 sq ft unit at Block 96 Dawson Road, on the 40th to 42nd floors, sold in October 2026 at S$1,522 psf. That is S$588,000 above Queenstown’s 12-month median of S$1.23 million and S$298,000 above the block’s previous high.
Private home launch pipeline for 2027 is the largest since 2013, at about 14,800 units
Realion expects more than 30 projects, including five ECs, to be ready for launch, for about 16,800 new homes. Excluding ECs, 8,424 of the 14,800 units are outside the central region, 3,434 in the rest of central region and 2,943 in the core central region.
HDB flat rental index slips to 145.6 in September, down 0.6% MoM and up 1.1% YoY
The 99.co and SRX flash estimate puts the SRX Property Index for HDB rentals at 145.6, from 146.5 in August. Mature estates fell 0.3% MoM and non-mature estates 1%. Four-room rents fell 0.8% MoM and Executive flats 0.7%. Executive flats are up 3.5% YoY.
The Draycott sets a record S$2,801 psf in a S$7.39 million sale; Lentor Modern hits S$2,606 psf
A 2,637 sq ft three-bedder on the 29th floor of the freehold District 10 project sold on Oct 16, above the previous high of S$2,723 psf. Lentor Modern reached S$2,606 psf in a sub-sale of a three-bedder for nearly S$2.89 million on Oct 14. The data covers the week of Oct 13 to 20.
Tomlinson Heights duplex five-bedder resold for S$14.8 million, a S$3.58 million gain
The 4,047 sq ft fifth-floor unit sold on Oct 15 at S$3,657 psf, a 31.9% gain on its S$11.22 million price in May 2011, or 1.8% a year. It was the most profitable condo resale of the week of Oct 13 to 20.
Singapore real estate investment sales reach a record S$44.5 billion in the first nine months; Q3 down 26.2% QoQ
Colliers puts Q3 sales at S$11.6 billion, up 10.5% YoY, after S$15.8 billion in Q2. The nine-month total is above last year’s S$36.1 billion and the 2007 peak of S$43.4 billion. Residential deals fell 23.4% QoQ to S$4.3 billion. Industrial deals rose 197.6% to S$3 billion.
Hao Mart founder halts foreclosure of his Jervois Hill bungalow
Tan Kim Yong told the High Court he has funding support and will redeem the mortgage on the good class bungalow by Jan 29, 2027. The property was mortgaged to OG in August 2023 to fund the food mall Taste Orchard. Tan, his wife and Hao Mart are suing OG for S$57.5 million over a S$66.2 million loan.
Yew Tee Residences ex-chairman loses defamation suit over undisclosed links to contractors
A district judge ruled on Oct 29 that his successor had substantially proved her allegations. He had failed to properly disclose his interests in two businesses that did work for the condo between 2020 and 2024, including one owned by his wife.
Hoong Seng Lei Vincent to succeed Quek See Tiat as President of the Council for Estate Agencies from Nov 1
Quek steps down on Oct 31 at the end of his term. He was appointed Deputy President in August 2015 and President in October 2016. MND also named new CEA members.
CapitaLand Ascendas Reit Q3 rental reversion rises to 9.9% as occupancy improves to 90.1%
Reversion was 5.2% in Q2 and 7.6% a year earlier. Occupancy was 90.1% at Sep 30, from 89.1% in Q2 and 91.3% a year earlier. The Reit completed S$638.1 million of acquisitions and is divesting three Singapore properties for S$281.7 million.
Starhill Global Reit Q1 net property income up 2.3% YoY to S$38.8 million
Revenue rose 1.2% to S$48.9 million from S$48.3 million. Singapore retail and Australian properties drove the gain. Ngee Ann City made S$17.2 million of revenue and S$14.1 million of net property income.
Green office upgrades are least likely to earn a rent premium in Singapore among major cities
Savills finds most Singapore buildings already meet green standards. Hong Kong landlords average a 23% rent premium for green upgrades, Amsterdam 18% and London 11%.