- Long-term price uptrend: Singapore’s residential property market has risen steadily over the past ~50 years
- Public housing appreciation: HDB resale prices have mirrored this long-term rise, increasing several-fold over the past two decades and producing a growing number of million-dollar resale flats in recent years.
- Active government intervention: The market has been actively managed through more than 10 rounds of cooling measures, including LTV limits, ABSD, TDSR, SSD, and controlled land supply, to curb speculation and ensure financial stability.
- Mortgage rate cycles: Mortgage rates have largely followed global interest rate cycles—spiking during crises, falling to ultra-low levels after 2008, rising again in 2022–24, and easing in 2025.
Singapore’s property market continues to attract attention as prices remain elevated and demand stays resilient despite affordability pressures.
Here are some facts to give you a quick update on how Singapore’s property market has evolved historically: