What is the outlook for property in 2025?

As of April 2025, average sales prices for new condominiums in District 5 have risen by 39%, slightly outpacing the islandwide growth of 30%. This steady increase suggests the possibility of further capital appreciation, particularly for properties in tech-driven areas like One-North. The workforce there grew significantly from 24,000 in 2014 to 50,000 by 2019, reflecting strong demand for housing. While these figures point to a positive outlook, prospective buyers and investors may still wish to monitor broader market fluctuations and consider the implications of leasehold properties before making decisions.