More than half of Singaporeans in PropertyGuru poll may delay plans to buy home due to inflation fears

As interest rates rise, 68 per cent of HDB buyers and owners are opting to take up HDB loans, PropertyGuru’s study found. ST PHOTO: LIM YAOHUI
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SINGAPORE - More Singaporeans are re-evaluating plans to buy a home, a PropertyGuru poll found, with 55 per cent of those surveyed saying they may defer their purchase till property prices stabilise and inflation falls, and 24 per cent likely to shelve the idea altogether.

Nearly four in 10 Singaporeans also felt priced out of the market for the second half of 2022, compared with 25 per cent who felt somewhat or definitely unable to buy a property in the first six months of the year.

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