Are Singapore Property Prices Set To Drop In 2024? Here’s A “Surprising” Prediction

  • February 12, 2024
  • 5 min read
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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

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Kelvin Lim
Kelvin Lim
17 days ago

I find the author’s comment about locals replacing expats (“hooray”) naive and bigoted especially in a publication that focuses on the economic impact of various factors that affect the housing market in Singapore. I wonder how Singaporean landlords would feel about the loss of expat workers who are paying them a handsome income each month for the privilege of living in their second or third home? Funny that the author of this article also alluded to this point in a separate article the author wrote in December 2022 as well. You might want to consider your readership’s perspective a little more deeply in future. Unsubscribed.

Carl Pennington
Carl Pennington
17 days ago

Let’s see what happens to the Singapore property market if companies replace expats with locals. Who’s gets housing allowance these days anyway? Not very many! Get with the times, mate.

Pavel Kowalskis
Pavel Kowalskis
17 days ago

Assumption is wrong. Data incorrect. Expat package increased by 4% in most recent data. Number of foreign workers on EP increased 18.6% 2021 to 2023.

Xeno Phobic
Xeno Phobic
17 days ago

Hooray?! Why is it a hooray, Ryan? Care to elaborate? Or shall I call this xenophobic article out in other forums?

Stacked Homes
16 days ago
Reply to  Xeno Phobic

Hi, we were simply being sarcastic about it.

Xeno Phobic
Xeno Phobic
15 days ago
Reply to  Stacked Homes

Nice try…what’s there to be sarcastic about? Sarcasm is the use of words to convey the opposite of what is intended. So you are saying your preference is for expats to keep locals out of employment instead? My advice to you is to think carefully about using this type of language in your articles going forward as they have the potential to be inflammatory, and to your own readership (not a good business model). Or maybe you need an editor?

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