The real estate market in Singapore could experience varying outcomes in the next 12 months due to the uncertain macroeconomic outlook, according to CBRE’s Singapore Market Outlook 2025 report released on January 23.
The easing of inflation and interest rates may provide some relief to the property market in 2025. However, Moray Armstrong, managing director of advisory services at CBRE, expresses concern that expectations of slower economic growth in 2025 could have a negative impact on property demand.
As international investors look to purchase property in Singapore, they must be aware of the regulations and limitations surrounding ownership. While the purchase of condos is generally easier for foreigners, landed properties have more stringent ownership requirements. Additionally, foreign buyers must pay the Additional Buyer’s Stamp Duty (ABSD) of 20% for their initial property purchase. However, despite this extra expense, the steady and promising growth of the Singapore real estate market remains …
