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Jee Sheong

From Novena to Sentosa, BlackRock’s property acquisitions in Singapore tell a bigger story. Discover how their billion-dollar strategy offers 3 key takeaways for local investors—and what it means for the market’s future.

June 6, 2025

$4 Billion and Counting: What BlackRock’s Moves Reveal About Singapore’s Property Market

With effect from the August 2023 Build-to-Order (BTO) Exercise, stricter penalties will be imposed on couples who do not select a flat when invited by the Housing and Development Board (HDB) to do so. A new priority category benefiting first-timer families applying for their first BTO flat was also introduced. In his Committee of Supply …