What is the population projection for Singapore by 2040?

The projected population for Singapore by 2040 is around 6.2 to 6.3 million. This projection takes into account current trends in birth rates, life expectancy, and net migration. Without immigration, the citizen population would shrink, but current policies continue to manage inflows of new citizens and permanent residents to maintain sustainable growth. An ageing population remains a key demographic feature, with a larger proportion of residents aged 65 and above by 2040. This has significant implications for both housing demand and the types of property required, particularly senior-friendly and multi-generational homes. These projections are essential for long-term property planning, infrastructure investment, and understanding future trends in Singapore's real estate market.