Private property market prices in Singapore may be levelling off at a new support level after five years of cooling measures that have been very effective at stalling the market.
However, it appears the effectiveness of the measures has levelled off. Barring major catastrophes such as war, epidemics or financial crises, private property prices are expected to hold up, unless more resale supply is introduced or the Government removes the cooling measures.
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Fundamentals of supply and demand
National Population and Talent Division
Objectives in increasing Population
Population size of Singapore Permanent Residences SPRs
Private property market prices levelling off
Private residential PPI versus GDP growth
Singapore Property market
Singapore property market cooling measures
Singapore property Market Cycle
Supply and Demand of Private Residential Condo