Some Singaporeans may have tuned into the NDP Rally expecting more announcements about housing affordability. Instead, the Prime Minister spent much of his 2025 address on global politics and geopolitical shifts. Nonetheless, the Prime Minister did acknowledge that housing is an ongoing concern, saying that:
“Besides jobs, we will continue to focus on areas that matter to young Singaporeans, including housing and parenting. We have made several major moves over the past year. We have built more HDB flats with higher subsidies.”
The PM also noted that Singapore will be “super-aged” by 2026. This is a UN definition, where at least one in five citizens is 65 or older. This is an issue that affects several areas beyond just housing, but it also has significant implications for the property market. Let’s take a look at what we can expect:
Key property changes to look out for:
...
