Property Market in 2024 - What Can We Expect?

Video description from @alanweeproperty

Property Market in 2024 - What Can We Expect?

What can we expect to see in the property market in 2024. Are we going to see another bullish market? Are our HDB flats going to retain their value, and what about non-residential market in general?

I will focus mainly on HDB resale prices, market rental, private property prices, and commercial and industrial space.

Alan Wee
CEA Reg No. R024730A
https://wa.me/+6592973150
www.AlanWeeProperty.com (Resale)
www.AlanWee.com (New Homes)
youtube.com/@alanweeproperty
FB: www.facebook.com/AlanWeeProperty
I am a licensed housing agent with ERA Realty Network Pte Ltd.

References:

https://www.businesstimes.com.sg/property/15-month-wait-out-period-moderate-hdb-resale-flat-demand-ensure-affordability-desmond-lee

https://www.straitstimes.com/singapore/politics/1284-private-home-owners-appealed-to-waive-15-month-wait-out-period-to-buy-hdb-flat-desmond-lee

https://www.hdb.gov.sg/about-us/news-and-publications/letters-to-the-media/15-month-wait-out-scheme-prioritises-public-housing-for-those-with-genuine-needs

https://www.straitstimes.com/singapore/politics/wait-out-period-waived-for-220-private-home-owners-to-buy-hdb-resale-flats-desmond-lee#:~:text=In%20the%20past%20three%20years,or%20HDB%20upgraders%2C%20he%20added.
https://www.mnd.gov.sg/newsroom/press-releases/view/housing-supply-further-ramped-up-in-1h2024-government-land-sales-(gls)-programme-with-highest-housing-supply-on-confirmed-list-since-2h2013
https://www.todayonline.com/singapore/property-cooling-measures-absd-foreigner-tax-double-singapore-buyers-2159551
https://www.ura.gov.sg/Corporate/Media-Room/Media-Releases/pr23-39#:~:text=Prices%20of%20private%20residential%20properties,decline%20in%20the%20previous%20quarter.&text=Prices%20of%20landed%20properties%20decreased,increase%20in%20the%20previous%20quarter.
https://www.dbs.com.sg/personal/rates-online/home-loans.page
https://www.businesstimes.com.sg/property/fragrance-group-boss-bags-two-industrial-buildings-s101-million
https://www.channelnewsasia.com/singapore/singapore-next-general-election-2024-pap-leadership-transition-3898556
https://www.singstat.gov.sg/
https://www.todayonline.com/singapore/spore-rent-prices-surge-2007-project-delays-demand-increase-2098291
https://www.edgeprop.sg/property-news/singapore%E2%80%99s-maturing-co-living-sector-draws-more-investor-interest
https://www.ura.gov.sg/Corporate/Guidelines/Development-Control/DC-Connect/Co-living-spaces
https://www.channelnewsasia.com/singapore/more-state-owned-buildings-be-converted-co-living-spaces-meet-housing-demand-trends-singapore-singles-first-homes-lifestyle-3707166
https://www.jll.com.sg/en/trends-and-insights/research/coliving-in-singapore-here-to-stay
https://www.businesstimes.com.sg/singapore/private-hire-demand-unlikely-be-main-driver-high-coe-prices-chee-hong-tat
https://www.straitstimes.com/singapore/transport/easy-financing-and-private-hire-fleet-expansion-driving-up-coe-demand
https://www.straitstimes.com/singapore/housing/j-den-condo-on-site-of-former-jcube-mall-sells-88-per-cent-of-units-on-launch-weekend
https://www.straitstimes.com/singapore/more-than-70-of-units-at-the-reserve-residences-in-bukit-timah-sold-during-launch-weekend
https://www.ura.gov.sg/Corporate/Media-Room/Media-Releases/pr23-49
https://www.businesstimes.com.sg/property/singapores-s30-million-shophouses-are-blazing-hot-properties