Property 2023 (Feb Issue)

Though overall leasing activity is poised to ease, the silver lining to weakening demand lies in the tight future supply

In a complex and dynamic market, here are some key factors that may help tilt things in your favour

Income-generating potential of retail assets will be boosted by return of tourism this year and beyond

Landed homes can only become more sought after as affluence increases in land-scarce Singapore. 

Higher property taxes and interest rates are likely to contribute to more increases in rents in 2023

Rents will rise in 2023, given inflation as well as strong demand for logistics and food factory space

House hunters willing to adjust their expectations may be able to meet their needs without busting their budgets

What’s the draw of these high-end homes? 

Transaction volumes and prices for such units on the rise as buyers search for cheaper alternatives