Dec 03, 2025

Summary of Singapore Property News – December 2, 2025:

• A top bid of SGD 358 million was placed by a firm linked to Robert Kuok for a prime residential site in Singapore, showing strong cross-border interest.
• LHN’s earnings fell 58% year-on-year due to fair value losses on investment properties, highlighting some challenges in that sector.
• Soon Hock Enterprise is selling a 60-year leasehold industrial unit at Premier@Kaki Bukit for SGD 1.5 million, with completion mid-2026.
• Centurion Corporation expanded into Perth, Australia, acquiring a 25% stake in a 472-bed student accommodation near the University of Western Australia, completing in late 2027.
• Manulife US REIT is repositioning by seeking approval to sell certain assets and broaden its investment scope.
• Framework Building, an industrial property at Aljunied, sold for SGD 56.65 million with a 5-year leaseback of 70% of space.
• Prime properties in Johor Bahru have doubled in value driven by the upcoming RTS link to Singapore.
• Two long-leasehold retail strata units at Peninsula Plaza are listed for sale at SGD 12.33 million, offering flexible purchase options.
• URA’s Master Plan 2025 has been gazetted, outlining land use and development directions for the next 10-15 years.
• Executive Condominium (EC) sites launching in 2026 remain attractive due to subsidized prices compared to private housing, which now averages SGD 1.8 million for a two-bedroom unit.

Recommended Investment Opportunities:

1. Executive Condominiums (ECs): With private residential prices high, ECs offer affordable entry with strong capital appreciation potential. New EC sites launching in 2026 are good targets for homebuyers and investors alike.

2. Industrial Properties with Leaseback Arrangements: Industrial assets like the Framework Building with built-in leaseback provide stable rental income and reduced vacancy risk, ideal for investors seeking steady cash flow.

3. Retail Strata Units at Peninsula Plaza: These long leasehold retail units are well-priced and flexible in purchase options, suitable for investors looking to diversify into retail in a prime location.

4. Johor Bahru Prime Properties: The doubling of JB property values linked to RTS connectivity presents a compelling opportunity for cross-border investors seeking capital gains and rental yield.

5. Purpose-Built Student Accommodation (PBSA) in Australia: The growing student housing market in cities like Perth offers diversification and stable income streams. Investors may consider similar overseas PBSA projects.

6. REITs with Strategic Repositioning: Keep an eye on REITs like Manulife US REIT that are actively managing portfolios and broadening mandates, as they may offer long-term growth prospects.

In summary, Singapore’s property market is attracting strong institutional and cross-border interest. Opportunities lie in affordable EC launches, industrial assets with secure leasebacks, retail strata units, growth in Johor Bahru linked to RTS, and overseas student housing investments. Monitoring URA’s Master Plan 2025 will also help identify emerging growth areas for strategic property investment.

Stay Well!