Is the price trend for condos going down

In the Singapore residential property market for 2025, the condominium market is not expected to see a significant decline in prices. Here are some key points to consider:

- The condominium market is anticipated to benefit from potential interest rate cuts and improving economic conditions, which could lead to a reversal of the slower growth seen in 2024. Resale prices for condominiums are forecasted to grow, albeit at a slower rate of 3.9%.
- The luxury segment and properties near MRT stations are expected to drive demand, suggesting that prices in these areas may remain stable or even increase.
- There is a possibility of a resurgence in the Core Central Region (CCR) after the 2023 cooling measures, which could attract buyers back to this segment, potentially stabilizing or increasing prices in the CCR.

Overall, while there may be some fluctuations, the general trend does not indicate a significant drop in condo prices for 2025.