Unlocking Potential in the Singapore Real Estate Market
The Singapore real estate market was valued at USD 59.08 billion in 2024 and is forecast to reach USD 85.96 billion by 2030, representing a compound annual growth rate (CAGR) of 6.5% between 2025 and 2030. This expansion reflects a confluence of affordable‑housing policies, industrial and logistics demand, evolving office‑space preferences, and a revitalized hospitality sector. Affordable Housing Initiatives Singapore’s government continues to prioritize public housing through the Housing Development Board (HDB), maintaining one of the world’s highest homeownership rates at over 80 percent for citizens. By deploying subsidies, grants, and Build‑To‑Order (BTO) projects, authorities have made flats accessible to lower‑ and middle‑income families. However, this success has had two effects: while it broadens access, it also drives secondary price inflation. Homeowners who sell newly subsidized HDB flats often channel their gains into private residential purchases,...