Property
Will Property Prices in Opposition Constituencies REALLY Drop or Appreciate Less?
By Seedly  •  July 18, 2020
When the results of the Singapore General Elections 2020 were announced. It’s no surprise that PAP is back in Parliament as the supermajority — albeit with lesser seats. And many felt that their collective voices were heard when the Workers’ Party added the recently formed Sengkang GRC (Group Representation Constituency) to their ranks. But what struck me the most, was this remark which my grandmother made, “The people living in Sengkang siao liao. Property value sure drop.” (she said this in Hokkien)
Spongebob Narrowing Eyes and Thinking
Source: SpongeBob SquarePants | Giphy
Which got me thinking… Why is there this myth that properties in opposition-held constituencies don’t get developed as much? And will the value of properties in opposition GRCs and SMCs really drop?

TL;DR: Will Property Prices in Opposition Constituencies Drop?

Seedly Opposition Party Constituency SMC GRC Property Price Drop Appreciate Less NO. In fact, the median HDB resale prices all show an uptrend between 2007 to 2019. No matter which constituency or town your 4-Room HDB flat is in....
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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