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Government bumps up supply of private homes for full-year 2023 to highest in a decade. Orchard Road, Zion Road sites among 8 state land plots to be offered in H2 for private housing. Charming Garden makes third and final bid at collective sale with same S$175 million guide price. When new condo units are pricier than older ones by over 70 per cent. New private home sales up 17% in May from April, on the back of a doubling in launches.
Government bumps up supply of private homes for full-year 2023 to highest in a decade. Orchard Road, Zion Road sites among 8 state land plots to be offered in H2 for private housing. Charming Garden makes third and final bid at collective sale with same S$175 million guide price. When new condo units are pricier than older ones by over 70 per cent. New private home sales up 17% in May from April, on the back of a doubling in launches.

The History of Growth in Singapore’s Real Estate Market

Singapore has been and remains to be a stable and reliable real estate market in the Asia-Pacific region. With its roots in prudent government planning coupled with the fertile economic ground, the Singaporean real estate market has experienced dynamic growth since its independence in the 1960s. From Attap houses, SIT (no not the University) JTC and HUDC, we uncover the development of Singapore’s Real Estate and possibly reveal why Investors have been flocking to Singapore!