Dec 10, 2025

Summary:

Singapore leads the Asia Pacific region as the most expensive market for flexible office spaces, reflecting strong demand for adaptable work environments. Tengah, a developing town, is set to enhance its appeal with the opening of its second neighbourhood centre, Parc Point, in early 2026, featuring retail, healthcare, and community amenities. Executive HDB flats are appreciating, with record sales such as a $1.45 million unit in Hougang, indicating a robust resale market for higher-end public housing. Shangri-La Asia’s 7-year lease at Great World City signals confidence in prime office locations. The government has released several Government Land Sale (GLS) sites at Lentor Central, Kallang Close, and Dunearn Road, together offering about 1,360 residential units, presenting prime development opportunities. A rare freehold hilltop estate at Dunearn Road (District 11) is available for $55 million, offering a prime luxury redevelopment prospect. Additionally, data centre projects and historic site tenders are underway, and resale 3-room HDB flats around $900k remain in demand.

Good Opportunities to Consider:

1. Invest or Develop in Tengah: With new amenities like Parc Point coming soon, Tengah is a promising growth area with government backing, ideal for residential or mixed-use projects.

2. Watch GLS Sites at Lentor Central, Kallang Close, and Dunearn Road: These sites offer strong potential for residential development with substantial unit numbers; securing land here can yield good returns.

3. Acquire the Dunearn Road Freehold Estate: For luxury developers or investors, this rare freehold hilltop property in District 11 offers redevelopment potential in a prestigious location.

4. Flexible Office Space Sector: Given Singapore’s high demand and pricing in flexible office spaces, investing in or leasing such commercial properties in prime districts may generate attractive yields.

5. HDB Resale Market in Mature Estates: Rising prices for executive and million-dollar HDB flats, especially in mature towns like Hougang, present opportunities for capital appreciation and rental income.

In summary, targeting emerging growth towns like Tengah, prime government land sale sites, and luxury redevelopment projects, while leveraging the buoyant flexible office and HDB resale markets, represents a well-rounded real estate investment strategy in Singapore.

Stay Well!