Property
With Singapore’s Population At 6.04 Million, Who Wins And Who Loses In The Property Market?
By Stacked Homes  •  October 2, 2024
There’s been quite the uproar about Singapore’s population reaching a historic high of 6.04 million, mostly driven by non-residents (their number rose by around five per cent over the previous year). This is a sore spot among many Singaporeans, who already feel our tiny red dot is too packed, and that there’s too much competition for resources: chief among them is living space. There’s also an assumption that property owners and landlords may “win” from this, but it’s not quite as clear-cut: Let’s start with the obvious: Singapore does feel a lot more crowded Source You may have read the commentary that we can mitigate the density with certain architectural elements. I don’t think so, and I think the average Singaporean is going to feel the squeeze. The linked commentary mentions Pinnacle @ Duxton, which houses some 8,000 people on 2.5 hectares of land. That’s quite the achievement, and I agree projects like Pinnacle manage to avoid feeling crowded. But...
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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