Why Buy Now?

How will the real estate market shift in 2025?

IF INTEREST RATES ⬇️, WILL IT CAUSE HOME LOAN MORTGAGE RATE TO ⬇️?

IF MORTGAGE INTEREST RATES ⬇️, WILL DEMAND FOR PROPERTY ⬆️?

Transaction numbers dropped after the ABSD was raised in 2021's cooling measures and again in 2023's raising of ABSD for foreigners from 30% to 60%. Even though transaction volumes were steadily lower, the prices remained resilient with new launches seeing a drop in price due to foreigner ABSD increase. This 2023 cooling measure has led to a huge increase in foreigners applying for Singapore PR status in 2024 to save on ABSD. I expect to see a lot more Singapore PRs being approved soon and entering the real estate market in 2025 and beyond

As above, even with higher interest rates + demand ⬇️ due to cooling measures, prices continue to ⬆️ as sellers are unwilling to lower prices (especially resale). New launch prices saw a slight ⬇️ in 2024

IF PROPERTY DEMAND ⬆️, WILL SELLERS / DEVELOPERS PRICE ⬆️ OR ⬇️?

Prices as at 31 May 2024

IF PRICES ARE EXPECTED TO ⬆️, DO YOU WANT TO ENTER NOW OR LATER?

“Property market bears expect slower population growth, an ageing population, and a structural growth slowdown to weigh on the long-term property market outlook. We disagree and believe home prices will double by 2030. That implies a 5 to 6 percent increase per annum and would mark a reversal from a long downtrend in home prices." - Morgan Stanley (2017)

New condo launches in OCR were selling average $1,300 psf in 2017 and is expected to hit around $2,700 psf by 2030

EVEN HDB FLAT PRICES ARE ALSO ⬆️
1,000 UNITS OF MILLION DOLLAR FLATS EXPECTEDTO BE TRANSACTED IN 2024