What is the best property to buy now

When considering what to buy in the Singapore property market currently, several factors and trends should be taken into account:

Market Growth

The Singapore residential property market is expected to see modest growth in 2025, driven by strong local demand, government policies, and foreign investment. Private property prices are forecasted to rise by 3% to 4% due to a significant drop in new completions, leading to a supply crunch that increases demand.

Regions and Property Types

• Core Central Region (CCR): This area, comprising traditional prime districts, is expected to see upward pressure on prices due to limited supply. High-end, luxurious, and mostly freehold properties are popular here.
• Rest of Central Region (RCR): This mid-tier region is gaining popularity due to urban development and infrastructure improvements. It offers a balance between price and amenities.
• Outside Central Region (OCR): This area dominates three-quarters of Singapore and includes mass-market properties, often 99-year leasehold. It is attractive to young couples and families due to larger unit sizes and more facilities.

New Launches

Several new condo launches are scheduled for 2025, such as The Orie Condo in Toa Payoh and Elta Condo in Clementi. These developments offer modern living with good connectivity and access to amenities.

Sustainability and Green Initiatives

Properties with sustainable and green features are gaining traction, driven by government initiatives and growing demand for eco-friendly homes. This could be a consideration for long-term investment and lifestyle.

Rental Market

Average rents for private condominiums in prime districts are expected to range from SGD 4,000 to SGD 7,000 per month, with rental yields generally between 2.5% to 3.5% annually. This makes rental properties a viable option for investors.

Given these trends, here are some considerations:
- If you are looking for luxury and high-end properties, the CCR might be the best option, despite higher prices.
- For a balance between price and amenities, the RCR could be more appealing.
- If you are on a budget or looking for larger units, OCR properties might be the way to go.
- New launches in 2025 offer modern amenities and good connectivity, making them attractive for both living and investment.

To make an informed decision, you can use tools available on EdgeProp Singapore, such as the Fair Value tool, En Bloc Calculator, and market trends tracker, to analyze past transactions, price trends, and other relevant data.