Singapore Residential Outlook 2021 Report

December 15, 2020
Notwithstanding the unprecedented pandemic and the economic recession which put job security and household income under pressure, Singapore residential property market has remained remarkably resilient.
This report highlights the drivers behind the resilience of Singapore’s private residential property market and presents our assessment of the outlook for the market in 2021.

Top reasons why residential market remains resilient

Ability to manage COVID 19
Budget measures contribute to confidence among homebuyers
Prices remain affordable
Low interest rate environment
Bright spots in the economy
There is still long-term confidence

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