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Key private property market trends to watch in 2024

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Looking ahead, the private residential market is expected to experience a modest price growth in 2024 due to market stability.

Looking ahead, the private residential market is expected to experience a modest price growth in 2024 due to market stability.

PHOTO: ST FILE

Christine Sun

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Singapore’s private residential market has reached a phase of stability.

The Covid-19 pandemic housing market boom has turned a corner, with the demand-supply imbalance beginning to reverse. Housing supply is now catching up with demand, with around 28,600 new homes completed in 2022 and 2023.

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