ABSD refund on a second home, Q3 HDB rents by town, Mapletree IPO, Tuas dormitory for sale (SG Property Daily)
Propwise Analysis
If I Buy a Second Home Before Selling, When Is ABSD Refunded?
You pay ABSD upfront on a second home. IRAS refunds it only if you meet its conditions, mainly selling the first home in 6 months. Steps and limits.
News
Temasek-owned Mapletree Investments could list on the SGX as soon as early 2027
Sources say the property group has appointed bankers and advisers for an initial public offering that could take place as soon as early 2027. A Mapletree spokesperson said the company does not comment on market rumours.
Median rent for a 4-room HDB flat is S$4,300 in Queenstown and S$3,000 in Bukit Panjang in Q3
There were 9,381 HDB rental approvals in Q3 2026, down 6.2% QoQ and 7.3% YoY. Central Area had the highest median rent for 4-room flats at S$4,800, and Bukit Panjang the lowest at S$3,000. For 3-room flats, Woodlands was lowest at S$2,600 and Central Area highest at S$3,300.
Tuas industrial property with approved 200-bed dormitory offered for sale at S$20 million
The five-storey property under construction is on expression of interest at a S$20 million guide price. It also has production facilities and a ground-floor minimart, with TOP expected by end-2027. A nearby four-storey industrial property that got TOP in 2026 is offered at S$25 million.
Landed homes are 4.6% of Singapore’s housing stock in 2026, down from 5.2% in 2017
Landed stock grew by 1,120 units, or 1.5%, between June 2017 and June 2026, to 75,620 units. HDB flats are about 72% of dwelling units, with 1,177,601 units.
Daiwa House Logistics Trust proposes to sell DPL Sendai Port for 13.5 billion yen and buy a Hiroshima facility
The sale price is 2.7% above the average of two valuations. DPL Sendai occupancy fell to 31.9% at Sep 30 from 100% at Dec 31, 2024. The trust would buy DPL Hiroshima Itsukaichi Port for about 8.2 billion yen, a 16.7% discount to its valuation. Pro forma portfolio occupancy would rise to 96.9% from 88.5%.
Lendlease Global Commercial Reit Q1 committed occupancy dips to 94.4% as PLQ Mall works continue
Committed occupancy was 94.4% for the quarter to Sep 30, from 94.6% the previous quarter. Retail occupancy was 98.2% and office occupancy 89.1%. The retail portfolio had a positive rental reversion of 10%.
MPACT calls China its ‘biggest pain’: China net property income down 15.9% YoY in the half year
China properties, about 9% of assets under management, contributed S$26 million in net property income for the half year to September, from S$30.9 million a year ago. Rental reversion was minus 29.9%. The manager plans two VivoCity upgrades.