Like the pandemic, no one could have predicted the onset of war in 2022. Just as things seemingly were getting better with vaccinations and travel, Ukraine was invaded by Russia on 24th Feb 2022. This rattled investors’ nerves and sapped confidence from the stock markets worldwide in the weeks that followed, and it extended the volatility that has roiled the markets.

Against this gloomy backdrop, prices of commodities and energy have soared as fears of potential disruption of oil supply swept the globe, which would likely raise construction costs.

As always, anyone that’s looking around in the property market in Singapore would have questions. How would this affect the property market in Singapore?

For the

...