Press Release

SINGAPORE – 22 April 2025 – Commemorating ERA’s 43rd year as a brand that is Trusted by GenERAtions and alongside Singapore’s upcoming 60th year of independence, leading international real estate agency ERA Realty Network Pte Ltd (“ERA Singapore” or the “Company”) announced key initiatives to raise recognition and deepen support for its real estate agents […]

SINGAPORE, 15 April 2025 – URA has released the March Developer Sales report. Demand in the new home market remained strong in March, as we saw developments like Lentor Central Residences and Aurelle of Tampines (EC) achieving near-full sales at launch. In total, the market saw 729 new private homes (excluding ECs) sold by developers […]

SINGAPORE, 8 April 2025 –URA has just launched the tender for the Government Land Sale (GLS) parcels at Lakeside Drive (potentially yielding 575 units) and Dunearn Road (380 units), while HDB has launched an Executive Condominium (EC) site at Woodlands Drive 17 (420 units). The tenders for the Lakeside Drive, Dunearn Road and Woodlands Drive […]

SINGAPORE, 3 April 2025 – The tender for the Government Land Sale (GLS) site at Lentor Gardens closed on 3 April 2025. In total, the site drew interest from 2 bidders, with the top bid of $429.2 million (or $920 psf ppr) being put in by Kingsford Huray Development Pte Ltd. Marcus Chu, Chief Executive […]

SINGAPORE, 1 April 2025 – According to flash estimates released by the Housing and Development Board (HDB), the HDB Resale Price Index (RPI) rose to 200.9 in the 1Q 2025, marking a 1.5% quarter-on-quarter (q-o-q) increase. The RPI growth was moderate compared to 4Q 2024, and marks the 20th consecutive quarter of price growth, reinforcing […]

SINGAPORE, 1 April 2025 – Singapore’s private residential market posted a stable performance in the first quarter of 2025, growing at a more moderate pace of 0.6% quarter-on-quarter (q-o-q). The milder growth momentum was primarily driven by new launch activity and a higher base in 4Q 2024. According to flash estimates released by the Urban […]

SINGAPORE, 7 February 2025 – HDB has just launched the tender for the Government Land Sale (GLS) parcel for an Executive Condominium (EC) at Senja Close. The site can potentially yield about 295 units. The tender for sale will close at 12 noon on 5 August 2025. “ECs have consistently been a popular choice for […]

SINGAPORE, 18 March 2025—The tender for the Government Land Sale (GLS) site at Bayshore Road closed on 18 March 2025. Eight bidders expressed interest in the site, with Sing-Haiyi Garnet Pte Ltd submitting the top bid of $658.8 million (or $1,388 psf ppr). “Among the eight bidders for the site, Sing-Haiyi Garnet put in the […]

SINGAPORE, 18 March 2025 – URA has released the February Developer Sales report. February saw 1,575 private new homes (excluding EC) sold in the month. This was a 45.4% increase month-on-month (m-o-m) following a promising opening to the year in January, which saw 1,083 private new homes transactions. This is a stark 929% increase year-on-year, […]