Research

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.

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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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