Will Property Prices Drop in 2025?
Will Property Prices Drop in 2025? The Truth Behind the Market Trends 🏠📉
Are you worried about the property market in 2025? You’re not alone. Many of my friends and clients have expressed concerns about a potential price drop, especially after seeing continuous increases over the last 8 years. In this video, I take a deep dive into the four critical market fundamentals that influence property prices: Supply, Demand, Income & Interest Rates.
1. Supply Trends: What’s currently happening in the housing market? Are there enough homes available, or is there an Over-Supply?
Source: https://www.ura.gov.sg/Corporate/Media-Room/Media-Releases
2. Demand Trends: How does an increasing population impact property prices, and will population trends continue to drive demand in the coming years?
Source: https://www.singstat.gov.sg/find-data/search-by-theme/population/population-and-population-structure/latest-data
3. Income Trends: With rising incomes, are people still able to afford homes at these high prices? I explore how this affects the sustainability of rising property values.
Source: https://www.singstat.gov.sg/find-data/search-by-theme/households/household-income/latest-data
4. Interest Rates: Interest rates have been a huge factor in the market’s growth. What happens if rates change in 2025? I discuss potential interest rate shifts and their effects on property prices.
Source: https://tradingeconomics.com/singapore/interest-rate
📌 Still unsure about what to do? If you’re feeling stuck and can’t decide whether to buy, sell, or hold off, get in touch with me. I’m here to help you navigate the complexities of the property market and find the right strategy for your goals.
Kelvin Sin | 9722 2222
Website: Livefree.sg
Social Media: Livefree.sg
Reach out today, and let’s make sure you’re prepared for whatever comes next.