The forecast of Singapore home prices doubling in 15 years is eye-catching but feels bold given the broader economic landscape。。。
Rising property prices could boost S-REITs' rental income and asset values, but higher prices may raise acquisition costs, and rising interest rates could squeeze margins
Homeownership may become less affordable, increasing reliance on rentals and widening the wealth gap between owners and non-owners
Investing in REITs provides exposure to the property market with lower capital requirements, but be mindful of interest rate hikes and macroeconomic shifts that could cause volatility
The property market has been a reliable investment due to strong demand and limited land supply, but while a 100% price increase in 15 years is bold, cooling measures could help moderate extreme price hikes
Tag :@Huat99 @Snowwhite
DBS Forecast SG Home Prices May Double! Time to Buy Property or REITs?
@Tiger_SG：A recent research report from DBS Bank has stirred heated debate: In 15 years, the average psf price of private homes could exceed S$4,000 — roughly double today’s level! For context, according to URA data, the median psf for non-landed private homes in the first three quarters of this year was just S$2,139. That means — a 1,000 sq ft condo that costs S$2.14 million today could reach S$3.5–4.05 million in 15 years! 😱Many people’s first reaction is: “If I don’t buy now, I’ll never be able to afford it later!” Others are skeptical: “Is this forecast realistic? Can prices really rise that long?” 🔍 Why is DBS confident about a “price doubling” scenario? The report is built on three main pillars: 1️⃣ Stable population growth and steady inflow of foreign talent Singapore’s population has surpassed 6.11 million, with foreigners and PRs still increasing. The government plans to add 130,000 new homes over the next 10–15 years — but demand could outpace supply. 2️⃣ Rising household income DBS expects median income to rise steadily alongside economic growth. “Affordability” will remain the keyword supporting future housing demand. 3️⃣ Strong policy and regulatory stability Continued cooling measures to curb speculation, plus ongoing urban renewal and infrastructure upgrades, will help sustain long-term value. But even DBS admits: “A 15-year forecast carries high uncertainty. Any shift in population, economy, or policy could reverse the trend.” In fact, from 2000 till now, Singapore property prices have risen about 1.6x, but not every cycle moves in a straight line — it’s still a slow bull with volatility. What about S-REITs? If home prices skyrocket, is that good or bad for them? At first glance, property appreciation seems positive — but the reality is more nuanced. Home prices doubling ≠ REIT prices doubling. The key to REIT performance lies in rental cash flow growth and interest rate control. Join the Discussion What’s your take? 1️⃣ I believe it — Singapore property only goes up. 2️⃣ Sounds far-fetched — doubling in 15 years is too much. 3️⃣ Doesn’t matter to me, I’m investing in REITs. Leave your comments to win tiger coins~ ——————————————————————— Grow Your CPF/SRS/CDP in Cash Boost Account Grow your retirement with CPF/SRS in Tiger Cash Boost Account. Sell CDP securities instantly. Professional. Convenient. Diversified. Manage your investments all in one place. Cash Boost Account, SGD 688 Cash Vouchers* up for grabs!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
