Emerging anew: A 5-year Singapore property market outlook
Singapore’s property market post-pandemic is looking positive. Our research reveals what investors can expect for various asset classes in the next five years.
- Tay Huey Ying
- Regina Lim
- Ong Teck Hui
- Angelia Phua
- Doreen Goh
- Michelle Tee
- Tan Jie Hui
Over the next five years, Singapore is set to average an economic expansion of around 3% per annum. Wage growth could more than double that of the last five years.
As the country develops itself into a hub for innovation, technology and sustainability, we are looking at another growth phase in the medium term.
Accordingly, our research suggests that the city-state’s property market could reap the benefits from this momentum.
Download the Singapore Market Outlook 2022 report for a closer look at how these key real estate demand drivers can benefit various property sectors in the next five years.