Is Singapore Facing a Housing Oversupply?

Authored by Raymond Tiah

What’s the Buzz About Singapore’s Housing Market?

Singapore’s housing market is abuzz with speculation—will a population growth of 500,000 by 2030 lead to too many homes? 

Let’s break it down and see what the numbers reveal about the balance between supply and demand.

Why Should You Care About These Trends?

These insights matter whether you’re buying or selling an HDB or condo. Understanding how supply and demand affect property prices could help you make your next move—upgrading to your dream home or making a profitable investment.

How Does This Impact Your Property Decisions?

Here’s the breakdown:

• Singapore needs 161,000 new homes by 2030.

• Private and executive condos account for 10,000 units annually (60,000 over six years).

• New BTO flats will meet the rest.

The market keeps pace with demand, so oversupply isn’t a concern. This stability could mean steady property prices and attractive opportunities for buyers and sellers.

Take Action:

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