Recent Press Releases
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Amid renewed tensions in the Middle East and slower sales at July’s launches, the tender for the second site in the Berlayar estate at Berlayar Drive saw muted developer participation.
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Press Release
Commentary on changes to ABSD regime for large scale enbloc redevelopments, and the lifting of 15-month wait-out period for downgraders
July 28, 2026
The Government announced today (1) changes to the Additional Buyer’s Stamp Duty (ABSD) regime to support licensed housing developers (HDs) in undertaking large-scale en bloc redevelopments, and (2) that the 15-month wait-out period for ex-private property owners purchasing non-subsidised HDB resale flats, first announced back in Sep 2022, would be lifted with immediate effect.
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According to the Urban Redevelopment Authority (URA), Singapore's office market recorded a meaningful rental recovery in Q2 2026, with the URA Office Rental Index for Central Region rising 0.8% q-o-q, reversing the 0.2% decline in the previous quarter.
