Property resale prices beginning to drop

[rocket]

market whisper:

Lacklustre forecast for River Modern's launch on 7th March despite dangling $100psf commission. Showflat had opened for a week.

River modern so expensive.

 

[rocket]

Then resale in District one is crashing. We impose 60% buyer's stamp duties on foreigners (except PR) and rental market is softening.

These older projects are struggling to clock $2000psf and this put strain on >$2000psf new launches in the OCR area.

We are likely to see property market cooling down in 2026

Chee Hong Tart will remove 15 months condo waiting period?

 

[myfoot123]

When the SG property bubble will burst ?

Depends whether population increase or decrease.

 

[Sustanon]

Non productive credit creation only leads to one thing.... regression to the mean until jia jia lat....

 

[k1976]

About 90% drop in fresh grads applying for Singapore industry traineeships​

Sharon Salim
Updated Thu, 26 February 2026 at 12:55 PM SGT
3 min read
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The Graduate Industry Traineeships are designed to help fresh graduates gain experience and prepare for full-time employment.
(PHOTO: LIANHE ZAOBAO)More
SINGAPORE – There has been a 90 per cent drop in applications for a government-funded graduate traineeship programme since it was launched in October 2025.

A significant number of applicants declined traineeship offers after finding full-time employment or choosing other opportunities, Manpower Minister Tan See Leng said in a written parliamentary reply on Feb 25. This was based on feedback from many participating organisations.

The Graduate Industry Traineeships (GRIT) were rolled out by the Ministry of Manpower (MOM) and Workforce Singapore to help fresh graduates across sectors gain structured, hands-on work experience over three to six months.

 

[Worm]

Sentosa Cove honggan liao

New Bill to require landowners on Singapore's coast to put up, upgrade defences against rising sea levels​

https://www.channelnewsasia.com/sin...l-flooding-pub-enforcement-landowners-5976456
https://www.channelnewsasia.com/sin...ls-coastal-protection-bill-parliament-5900336

 

[Worm]

HDB - First Decline in 7 years
https://www.asiaone.com/singapore/hdb-resale-prices-dip-q1-2026-first-decline-nearly-7-years

 

[tobelightlight]

In many situations, the resale prices are asking too high.

New condos are just $400-600 more per square feet, versus those 10-20 years old units in the same area.

Example, the older condos in Pasir Ris are selling $1400psf while the new launch (cited above) is $1800psf.

Why waste ur money and buy rental apartments in sinkieland. Go KL lah..tons of buildings and cheaper.

 

[jurongkechil]

1 ardmore 7 years ago sell 25 million 1 unit. Now 15 mil only. New owner if buy now,saved 10 million

 

[joemartini]

just need fucking complete irrecoverable meltdown. million dollar condo become $50,000.

 

[Worm]

market is cooling down

Vela Bay sells 72% on launch day​

https://www.edgeprop.sg/property-news/vela-bay-sells-72-launch-day-average-2886-psf

 

[birdie69]

1 ardmore 7 years ago sell 25 million 1 unit. Now 15 mil only. New owner if buy now,saved 10 million

Can the minister helps to push up the market, sell at $88m?

 

[batman1]

Can the minister helps to push up the market, sell at $88m?

Can.Already sell to nominee co. at $88 m cash.

 

[KingFook Sr]

In many situations, the resale prices are asking too high.

New condos are just $400-600 more per square feet, versus those 10-20 years old units in the same area.

Example, the older condos in Pasir Ris are selling $1400psf while the new launch (cited above) is $1800psf.

Resale prices will tank when the 'Dubai virus' hits SG.
It is not a if, it is a when.

 

[jurongkechil]

Can the minister helps to push up the market, sell at $88m?

That's why u see so many expensive car on road. The owner save 10 mil le. Can buy many..