Migrants key to Singapore private housing’s long-term health amid low births

[SINGAPORE] Amid wars raging, buyers snapped up 90 per cent of the units – 410 out of 455 in total – at GuocoLand’s River Modern in the River Valley area during the 99-year leasehold condo project’s launch on Mar 7. The average selling price was S$3,266 per square foot.

Aided by low interest rates, housing demand in safe haven Singapore is resilient. Still, while homebuyers appear unfazed by war, should they fear the acute shortage of babies?

In 2025, the resident total fertility rate per female hit a record low of 0.87 based on a preliminary figure. The total fertility rate was 1.24 in 2015, and 0.97 in 2024.