Can Singapore property prices come down in 2025

Based on current market trends and forecasts, it is unlikely that Singapore property prices will decline in 2025. Here are some key points:

- Private property prices are projected to rise by 4-7% in 2025, indicating a period of moderate but sustained growth rather than a decline.
- The market has transitioned from a phase of rapid price increases to a more balanced and sustainable growth phase, which suggests stability rather than a downturn.
- Factors such as falling interest rates, stable economic conditions, and an influx of new developments are expected to support price growth.
- Strong demand drivers, including HDB upgraders, new household formations, and foreign interest, continue to support the market.

Overall, the outlook for 2025 suggests that prices are more likely to rise moderately rather than fall.