Your search results

Top 5 Reasons : Why Investing In Singapore’s Property Market Is Recession-Resistant

Posted by Jayson Ang on August 15, 2024

| 0

Singapore’s property market has long been considered a safe haven for investors, even during times of economic uncertainty. The city-state’s unique combination of political stability, low crime rates, and a robust economy make it an attractive destination for both local and foreign investors.

We will explore the top five reasons why investing in Singapore’s property market is recession-resistant, providing a solid foundation for long-term growth and wealth creation.

1. Political Stability and Low Crime Rates:

One of the key factors contributing to the resilience of Singapore’s property market is its political stability and low crime rates. Investors are drawn to the nation’s strong governance, which ensures a stable environment for businesses and investments to thrive. This stability translates into a secure and predictable real estate market, making it an attractive option for investors during times of economic turbulence.

2. Strong Demand for Housing:

Singapore’s high home ownership rate of nearly 90% as of 2021 is a testament to the strong demand for housing in the city-state. With a growing population and limited land space, there is a constant need for new residential developments. This demand helps to support property prices, even during a recession, as people continue to seek quality housing options.

3. Attraction of Foreign Investment:

Singapore’s property market is known for attracting foreign investors, who see the nation as a safe and stable place to park their assets. In the first eight months of 2022, buyers from China accounted for about one-fifth of the 425 luxury condos sold in Singapore. As global economies face uncertainty, more foreign capital may flow into Singapore’s real estate market, further bolstering its resilience during a recession.

4. Limited Supply of New Developments:

Due to Covid-19 disruptions, net new housing in Singapore has fallen below the 10-year average. As of the third quarter, 78% of planned private residential units were under construction, down from 90% in the same quarter in 2021. This limited supply of new developments helps to maintain property prices, as demand continues to outpace supply.

5. Diversified Economy:

Singapore’s diversified economy, which includes strong export-oriented sectors such as manufacturing, trade, and finance, helps to cushion the impact of a recession on its property market. While the city-state may not be immune to global economic downturns, its diverse economic base provides a level of stability that supports the real estate sector during challenging times.

In conclusion, Singapore’s property market has proven to be recession-resistant due to a combination of factors, including political stability, strong demand for housing, foreign investment, limited supply of new developments, and a diversified economy. These factors make investing in Singapore’s property market an attractive option for those seeking long-term growth and wealth creation, even during times of economic uncertainty.

Should You Buy, Sell or Wait?

If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?

It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.

I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.

I can help you by:

Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.

You May Also Like …

All Buying Tips Opinion

Should You Splash Your Cash on a Condo Despite the Sky-High PSF?

Jayson Ang – December 2, 2023 –

TLDR The blog post discusses various aspects of investing in condos in Singapore, covering topics such as leasehold versus freehold...

Mandarin Top 5

5 Secrets To Successful Property Investing In Singapore

Jayson Ang – March 29, 2024 –

Investing in property is a popular option in Singapore, with many investors seeing it as a lucrative way to build...

Mandarin Top 5

The Top 5 Features to Look for When Buying a Luxury Property in Singapore – Expert Insights!

Jayson Ang – September 22, 2024 –

Singapore, a thriving financial hub and one of the world's wealthiest nations, has become an attractive destination for luxury property...

Buying Tips Mandarin Top 5

Sentosa’s Sizzling Property Market: 5 Reasons Chinese Investors are Flocking to Singapore’s Premier Island

Jayson Ang – June 20, 2023 –

Sentosa's Sizzling Property Market: 5 Reasons Chinese Investors are Flocking to Singapore's Premier Island Here are the top 5 reasons...

All Blog Posts Buying Tips

Uncover the Secrets of Buying Older Properties – What They Won’t Tell You!

Jayson Ang – December 30, 2022 –

TLDR When considering the appeal of older properties in hipster neighborhoods in Singapore, it's crucial to understand the benefits and...

Mandarin Top 5

5 Singapore Property Trends to Watch in 2023: Expert Weigh In

Jayson Ang – May 20, 2023 –

5 Singapore Property Trends to Watch in 2023: Expert Weigh In Top 5 Singapore Property Trends to Watch in 2023...

Mandarin Top 5

5 Reasons : Why Investing In Conservation Shophouses In Singapore Can Be A Unique Opportunity

Jayson Ang – June 14, 2024 –

Conservation shophouses are a unique and valuable investment opportunity in Singapore. These historic buildings are a key part of the...

All Buying Tips Selling Tips

Could It Be Wise to Sell Your Property After Just 3 to 4 Years?

Jayson Ang – February 5, 2024 –

TLDR In this blog post, the writer delves into the Singapore property market, particularly focusing on the effectiveness of quick...

Mandarin Top 5

Top 5 Reasons to Invest in Commercial Property in Singapore – Expert Insights!

Jayson Ang – March 23, 2025 –

Singapore, a thriving business hub in Southeast Asia, offers a robust real estate market with diverse investment opportunities. While residential...

All Blog Posts Buying Tips

Get Into Core Central Region Before Big Price Adjustments

Jayson Ang – February 13, 2023 –

TLDR Jayson Ang discusses the essential factors to consider when seeking a property for investment. By analyzing the safe entry...

All Buying Tips Reports

2024 Residential Property Market Outlook

Jayson Ang – December 22, 2023 –

TLDR The market outlook for 2024 suggests continued uncertainties affecting housing demand and risk appetite due to geopolitical tensions, macroeconomic...

All Buying Tips

4 Fresh Trends among Young Homebuyers Could Shake Things up in Singapore’s Real Estate Scene

Jayson Ang – March 18, 2024 –

TLDR Younger generation in Singapore is reshaping house hunting by showing a preference for quality of life over location. Millennials...

Mandarin Top 5

Top 5 : How Does Investing In Luxury Condos In Singapore Compare To Investing In Other Real Estate Asset Classes In Terms Of Long-Term Capital Appreciation?

Jayson Ang – December 9, 2024 –

Investing in real estate has long been considered a reliable way to build wealth and diversify one's investment portfolio. In...

All Blog Posts Buying Tips

Buying HDB Resale : How to Minimise COV

Jayson Ang – January 20, 2023 –

TLDR Understanding Cash Over Valuation (COV) is crucial when buying a resale HDB flat in Singapore. COV is the additional...

Mandarin Top 5

Top 5 Dessert Places in Singapore

Jayson Ang – July 2, 2024 –

Singapore, a melting pot of cultures and culinary delights, is known for its mouth-watering food scene. From hawker centers to...

Mandarin Top 5

Beyond Marina Bay Sands: Uncovering Singapore’s 5 Little-Known Secrets

Jayson Ang – July 29, 2023 –

Beyond Marina Bay Sands: Uncovering Singapore's 5 Little-Known Secrets Singapore is a small country with a rich history and culture....

All Buying Tips Opinion

HDB Owners Missing Out on the “Ultimate Upgrade” to Landed Living

Jayson Ang – October 3, 2024 –

TLDR Over the past two decades in Singapore, the trend of HDB residents upgrading to landed properties has fluctuated. While...

All Buying Tips Opinion Selling Tips

Market Mistakes in Property Investment: Key Lessons and Strategies for Success

Jayson Ang – July 16, 2024 –

TLDR In property investment, common mistakes include lack of research, overleveraging, and neglecting due diligence. To succeed, conduct thorough market...