Is the Singapore Property Market Going Up or Down
Which direction is the Singapore property market heading? Are property prices going up or down? When is the best time to buy Singapore property?
Land is a precious asset in Singapore as the city-state has a limited supply of land. Generally, property prices are on the upward trend except when there are global market shocks or financial crises. In the last five years, there has been a 10 per cent price increase every year on average.
Refer to the Singapore property price index by REDAS.