Mar 03, 2026

Summary of Singapore Property News – March 2, 2026

• Non-landed residential land betterment charges in Singapore have risen by 4.1%, the largest increase since 2022, potentially increasing development costs.
• Japan’s property market, particularly in Tokyo and Osaka, is attracting strong global interest due to political stability, low interest rates, no foreign ownership restrictions, and no additional stamp duties. Tokyo offers stable rental growth and occupancy, while Osaka provides affordability and higher rental yields.
• Singapore’s Urban Redevelopment Authority (URA) has released prime condominium sites in Holland and River Valley, two highly desirable central locations.
• Some central area HDB flats in Singapore are experiencing a decline in their premium resale value, suggesting shifting buyer preferences.
• Significant property transactions include IOI Properties CEO’s major share purchase and partial sale of Oxley Rise mansion by the Cheong family. The luxury property market is evolving with a greater focus on quality over mere location.
• Overseas, Phuket’s Kiara Reserve Residences offer freehold beachfront homes with resort amenities and rental programs, starting around S$1.81 million.

Real Estate Expert Advice: Good Opportunities

1. Invest in Japan’s Real Estate (Tokyo and Osaka):

   Japan’s market combines political stability, favorable financing, and no foreign ownership restrictions, making it a strong choice for both capital growth and rental income. Tokyo offers liquidity and steady rental growth; Osaka is attractive for higher yields and lower entry costs.

2. Consider Singapore’s Prime Condo Sites in Holland and River Valley:

   These newly released sites in top central locations represent good long-term investment potential in Singapore’s luxury residential market, benefiting from scarcity and strong demand.

3. Exercise Caution with Central Area HDB Flats:

   With some flats losing their premium value, carefully assess location, condition, and buyer demand before investing in central HDB resale flats.

4. Explore Overseas Resort Developments like Phuket:

   Freehold beachfront properties with resort-style amenities and rental programs provide good diversification and lifestyle investment options outside Singapore.

5. Monitor Major Developers and REITs for Market Signals:

   Strategic moves by key players such as IOI Properties and Oxley may indicate emerging trends or opportunities worth following closely.

Overall Recommendation:

Focus on Japan’s residential markets and Singapore’s prime new condo sites for growth and rental returns. Diversify with overseas resort properties for lifestyle and income potential. Approach central HDB flats with caution and keep an eye on major market movers for timely opportunities.

Stay Well!