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The Leading Professional and Representative Body for the Real Estate Industry

DAILY NEWS

 

Daily News 26 June 2025 (Thurs)

Singapore Real Estate / Built Environment

 

Speech by Minister Chee Hong Tat at the Draft Masterplan 2025 Exhibition Launch

Singapore that is liveable, inclusive and endearing for generations: URA unveils Draft Master Plan 2025

The DMP2025 showcases islandwide land use plans and strategies for more inclusive, accessible homes and neighbourhoods; refreshed business nodes and vibrant workspaces; and a more resilient Singapore that is better able to respond to economic, social and climate challenges in the years to come.

https://www.mnd.gov.sg/newsroom/speeches/view/speech-by-minister-chee-hong-tat-at-the-draft-masterplan-2025-exhibition-launch

https://www.ura.gov.sg/Corporate/Media-Room/Media-Releases/pr25-32

 

Singapore’s next chapter: New models for regional hubs, industrial estates in URA’s Draft Master Plan 2025

Draft Master Plan 2025 builds capacity; its success hinges on developers stepping up, skilled migrants bringing dynamism

https://www.businesstimes.com.sg/property/singapores-next-chapter-new-models-regional-hubs-industrial-estates-uras-draft-master-plan-2025

https://www.businesstimes.com.sg/opinion-features/draft-master-plan-2025-builds-capacity-its-success-hinges-developers-stepping-skilled-migrants

 

New housing areas, parks, community hubs: 8 highlights from Singapore’s latest draft masterplan

[Draft Master Plan] More than 80,000 residential units are expected to be built in the next 10 to 15 years. Newtown and Paterson will develop new neighborhoods

At least 80,000 new homes will be built in 12 new residential areas across the country, including in the city center such as Newtown Paterson

[Draft Master Plan] Building a bus interchange next to Woodlands North MRT station

80,000 new homes, including in Newton and Orchard, to be built under URA draft master plan

https://www.straitstimes.com/singapore/new-housing-areas-parks-community-hubs-8-highlights-from-spores-latest-draft-master-plan

https://www.zaobao.com.sg/realtime/singapore/story20250625-6958568?ref=today-news-section-card-1

https://www.zaobao.com.sg/news/singapore/story20250625-6966104?ref=today-news-section-card-2

https://www.zaobao.com.sg/realtime/singapore/story20250625-6963350?ref=sidebar-daily-popular

https://www.channelnewsasia.com/singapore/ura-draft-master-plan-unveils-proposals-new-homes-orchard-and-newton-5200016

 

S’pore’s new blueprint will give residents more flexibility to choose ideal home: Analysts

Singapore’s latest draft masterplan will give residents greater flexibility in choosing an ideal living environment across the island, with amenities – as well as workspaces in some cases – located nearer homes, said analysts.

https://www.straitstimes.com/singapore/housing/spores-new-blueprint-will-give-residents-more-flexibility-to-choose-ideal-home-analysts

 

CapitaLand to launch LyndenWoods condo in Singapore Science Park with prices from S$2,200 psf

CapitaLand Development (CLD) will soon start previews for its LyndenWoods condominium – the first residential project launched in the Singapore Science Park – with prices starting at S$2,200 per square foot (psf).

https://www.businesstimes.com.sg/property/capitaland-launch-lyndenwoods-condo-singapore-science-park-prices-s2200-psf

 

DBS, CapitaLand and other local stocks will be boosted by Singapore’s long-term wealth creation: Morgan Stanley

As Singapore reaches its 60th birthday, Morgan Stanley said the city-state is “primed for wealth creation”.  That could unlock real gains for investors, the investment bank said in a report released on Tuesday (Jun 24).

https://www.businesstimes.com.sg/companies-markets/dbs-capitaland-and-other-local-stocks-will-be-boosted-singapores-long-term-wealth-creation-morgan

 

Strata industrial real estate sales hit a five-year low as corporate expansion slowed

Sales of stratified industrial properties in Singapore fell to a five-year low in the first quarter of 2025, with only 351 transactions. This is because the global economic uncertainty has intensified, and companies are facing supply chain restructuring and rising operating costs.

https://www.zaobao.com.sg/finance/singapore/story20250625-6561529

 

 

Singapore News

 

Prime Minister Huang: Singapore and China have the potential to develop more cooperation in third countries

Singapore and China have the potential to collaborate in third countries in Asia and beyond. Prime Minister Lawrence Wong pointed out that this includes expanding the Sino-Singapore Suzhou Industrial Park to third countries.

Prime Minister Wong has also invited Chinese President Xi Jinping and Premier Li Qiang to visit Singapore.

https://www.zaobao.com.sg/realtime/singapore/story20250625-6968571?ref=today-news-section-card-1

 

Multilateralism can evolve to be more ‘flexible’, says PM Wong at WEF event

Tianjin – With global rules weakening and economic nationalism on the rise, Singapore is proposing a workaround of getting like-minded countries to cooperate on specific issues, while leaving the door open for others to join in the future.

“This is what we call a flexible multilateralism,” Prime Minister Lawrence Wong said in a dialogue at a World Economic Forum (WEF) event in Tianjin, China, on June 25.

https://www.businesstimes.com.sg/singapore/trade-will-always-still-exist-though-patterns-will-change-and-evolve-says-pm-wong-wef

https://www.straitstimes.com/asia/multilateralism-will-need-to-evolve-to-become-more-flexible-says-pm-wong-at-wef

https://www.zaobao.com.sg/news/singapore/story20250626-6968663

 

 

Business News

 

DBS targets hiring 40 private bankers for North Asia market

DBS Group, Singapore’s largest lender, is targeting hiring about 40 private bankers this year in Hong Kong and Singapore to cater to wealthy clients in North Asia.

https://www.businesstimes.com.sg/companies-markets/banking-finance/dbs-targets-hiring-40-private-bankers-north-asia-market

 

Keppel partners AIIB for up to US$1.5 billion in Asia-Pacific green infrastructure deals

Asset manager Keppel has partnered Asian Infrastructure Investment Bank (AIIB) to facilitate up to US$1.5 billion worth of sustainable infrastructure investments and financing opportunities in the Asia-Pacific.

https://www.businesstimes.com.sg/companies-markets/keppel-partners-aiib-us1-5-billion-asia-pacific-green-infrastructure-deals

 

 

Global Economy / Real Estate News

 

Oil price rollercoaster hammers South-east Asia’s top energy counters

https://www.businesstimes.com.sg/international/asean/oil-price-rollercoaster-hammers-south-east-asias-top-energy-counters

 

Oil rebounds on signs of strong US demand

https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-rebounds-signs-strong-us-demand

 

US Federal Reserve’s Powell says tariff-driven inflation remains a big question

https://www.businesstimes.com.sg/international/us-federal-reserves-powell-says-tariff-driven-inflation-remains-big-question

 

China’s property slump could extend into 2027 with further price drops: Goldman Sachs

https://www.scmp.com/business/china-business/article/3315783/chinas-property-slump-could-extend-2027-further-price-drops-goldman-sachs?module=top_story&pgtype=section

 

Dubai and Abu Dhabi vie to attract Chinese luxury property buyers

https://www.scmp.com/business/article/3315807/dubai-and-abu-dhabi-vie-attract-chinese-luxury-property-buyers?module=top_story&pgtype=section

 

Hong Kong intervenes to defend FX peg as local currency drops

https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/hong-kong-intervenes-defend-fx-peg-local-currency-drops

 

Hong Kong developer sought loans backed by Picasso, Warhol art

https://www.businesstimes.com.sg/lifestyle/hong-kong-developer-sought-loans-backed-picasso-warhol-art

 

Hong Kong tops global list for priciest homes despite property slump: Deutsche Bank

https://www.scmp.com/business/article/3315763/hong-kong-tops-global-list-priciest-homes-despite-property-slump-deutsche-bank?module=top_story&pgtype=section

 

Bank of Korea warns of housing, debt risks as easing continues

https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-korea-warns-housing-debt-risks-easing-continues

 

Macau luxury property The 13 Hotel sells for HK$600 million to a local buyer

https://www.scmp.com/business/article/3315826/macau-luxury-property-13-hotel-sells-hk600-million-local-buyer?module=top_story&pgtype=section

 

BOT holds rate, raises growth forecast despite risks

https://www.businesstimes.com.sg/international/bot-holds-rate-raises-growth-forecast-despite-risks

 

Aviva hunts partner as it seeks to expand Spanish housing bet

https://www.businesstimes.com.sg/property/aviva-hunts-partner-it-seeks-expand-spanish-housing-bet

 

Sembcorp unit’s acquisition of 49 MW Vietnam hydropower asset delayed

https://www.businesstimes.com.sg/companies-markets/sembcorp-units-acquisition-49-mw-vietnam-hydropower-asset-delayed

 

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