Private property market to stay resilient in 2023, city fringe to outperform

28 Dec 2022

SINGAPORE’S private residential market will remain resilient in 2023, with the city fringe, or Rest of Central Region (RCR), leading the way in price performance and new launches, say analysts.

The supply of homes is likely to increase. Yet, market analysts believe pricing will be supported by the quality of projects up for sale next year. Demand is likely to come from those looking to upgrade their homes, as well as foreigners drawn to Singapore’s safe and hospitable environment.

This expected resilience in property prices could make Singapore an outlier among major global cities, as the likes of London and Hong Kong grapple with falling prices in reaction to central banks aggressively hiking interest rates. ..


Major launches in 2023

Click on each project name to find out more and register.

12, 4 and 6 Mount Emily RoadMount Emily RoadCCRFreehold18
28 Shenton WayShenton WayCCR99-year leasehold215
3Blossoms by the ParkSlim Barracks RiseRCR99-year leasehold275
4Gems VilleLorong 13 GeylangRCRFreehold24
5Jalan TembusuJalan TembusuRCR99-year leasehold638
6Lentor Hills ResidencesLentor Hills RoadOCR99-year leasehold598
7Marina ViewMarina ViewCCR99-year leasehold748
8Newport ResidencesAnson RoadCCRFreehold256
9Sceneca ResidencesTanah Merah Kechil LinkOCR99-year leasehold268
10Terra HillYew Siang RoadRCRFreehold270
11The Botany at Dairy FarmDairy Farm WalkOCR99-year leasehold386
12The ContinuumThiam Siew AvenueRCRFreehold807
13The Hill@One-NorthSlim Barracks RiseRCR99-year leasehold142
14The Reserve ResidencesJalan Anak BukitRCR99-year leasehold73
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