SG Home Prices May Double! Impacts on S-REITs & Daily Life?
A recent research report from DBS Bank has stirred heated debate: In 15 years, the average psf price of private homes could exceed S$4,000 — roughly double today’s level!
For context, according to URA data, the median psf for non-landed private homes in the first three quarters of this year was just S$2,139.
That means — a 1,000 sq ft condo that costs S$2.14 million today could reach S$3.5–4.05 million in 15 years!
What’s your take?
1️⃣ I believe it — Singapore property only goes up.
2️⃣ Sounds far-fetched — doubling in 15 years is too much.
3️⃣ Doesn’t matter to me, I’m investing in REITs.