Wednesday, 26 Aug 2026 · Singapore Property news across the Asia-Pacific
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Property news across the Asia-Pacific Transactions, land tenders, REITs and official market data.

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Capital Markets Dreame winds down electric-vehicle venture, cuts staff from 1,000 to dozens Singapore
Dreame winds down electric-vehicle venture, cuts staff from 1,000 to dozens

Chinese vacuum cleaner maker Dreame is winding down its electric-vehicle venture, codenamed "Star Project", reducing its workforce from nearly 1,000 to a few dozen staff. The move reverses plans announced just over a year ago to build luxury EVs and expand into showrooms in the Middle East.

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Calculated by APACrealty from official datasets: Singapore government agencies on data.gov.sg, and Hong Kong's on data.gov.hk, each under its own open licence. Every report names the dataset it used and the period it covers.

Our data July 2026 HDB resale transactions jump 24.7% as median price rises to S$630,000

Resale flat transactions surged to 2,652 in July 2026, up 24.7 per cent from June. The median price rose 0.8 per cent to S$630,000, though median psf slipped 1.6 per cent to S$595 psf. Million-dollar sales accounted for 7.1 per cent of all transactions.

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