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COMMENTARY

Property prices inflecting, on track to double by 2030

A combination of demand and supply factors will help to support medium-term home price appreciation

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The better domestic economic outlook will shore up sentiment among prospective homebuyers, supporting an inflection in home prices in 2018. Home sales volume is expected to rebound in 2017, and the rise in transaction volume will be a positive signal for home prices to follow in 2018.

PROPERTY market trends matter for the economy and stock market in Singapore. Given the high home ownership rate in Singapore, housing is the most important asset class for most people, with residential property comprising 45 per cent of gross household assets in 2016. With the economy and

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