Urban Redevelopment Authority
The Urban Redevelopment Authority (URA) is Singapore's land use planning and conservation agency. URA’s multi-faceted role includes being the main government land sales agent.
See below for the Latest URA News, Analysis, Profit Results, Share Price Information, and Commentary.
URA awards tender for Clementi Avenue 1, Pine Grove Parcel B, and Lorong 1 Toa Payoh
The tendered price for each site were $633.45m, $692.4m, and $968m, respectively.
URA closes tender for 3 sites
The sites received a total of 12 bids.
URA puts up Orchard Boulevard site for sale under GLS programme
The site is residential with a 1st storey commercial and has a 99-year lease period.
New private home sales fall to a record low of 217 in September
September marked the lowest monthly sales since December 2022.
GuocoLand, CDL place top bids for Lentor Central, Champions Way sites
Tenders for both land parcels closed on 12 September.
How many bids will the Lorong 1 Toa Payoh site attract?
Developers may bid cautiously due to recent tepid responses to GLS tenders, experts warned.
Private housing vacancy up to 6.3% in Q2
The vacancy rates in the Core Central Region and the Rest of Central Region were both at 7.9%.
Office space prices up 1% in Q2
Vacancy declined to 10.8% during the period.
Retail space prices up 0.3% in Q2
This is compared to a decline in Q1 2023.
Private housing prices dip for the first time since 2020
Sales volume in Q2 excluding condominium units surged to 69.3%.
STB looks to harness potential of the Jurong Lake site
There were no submissions for the site.
URA launches public tender for Jurong Lake District site
The master developer site is part of the confirmed list of the 1H23 GLS programme.
Which sites are included in the 2H23 GLS programme?
The 2H23 programme comprises eight confirmed list sites and nine reserved list sites.
New home sales up 16.1% to 1,055 in May
Transactions from non-permanent residents plunged as cooling measures took effect.
How Champions Way and Lorong 1 Toa Payoh GLS sites will attract buyers
Property analysts said sales will be driven by pent-up demand for new homes.
Private house prices rise 3.3% in 1Q23
The Q1 figure is an increase from the 4Q22 growth of 0.4%.
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