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A boring Dragon Year for the housing market could be ideal for locals looking to rightsize

Leslie Yee
Published Mon, Mar 4, 2024 · 02:37 PM
    • The consensus from the panel at the BT Property Outlook Seminar held on Feb 24 was that the housing market will be stable in the Dragon Year.
    • The consensus from the panel at the BT Property Outlook Seminar held on Feb 24 was that the housing market will be stable in the Dragon Year. PHOTO: YEN MENG JIIN, BT

    THERE was much energy and passion among panel members at the recently held BT Property Outlook 2024 Seminar. And the audience participation was great.

    However, amid all the buzz from the event, my key takeaway was that the Dragon Year could be boring for Singapore homes.

    Private home and Housing and Development Board (HDB) resale flat prices might be relatively stable in 2024, with prices possibly inching up in the low single digits.

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