{"id":71852,"date":"2023-12-28T15:53:26","date_gmt":"2023-12-28T07:53:26","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=71852"},"modified":"2023-12-28T15:53:26","modified_gmt":"2023-12-28T07:53:26","slug":"singapore-property-market-review-2023","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/","title":{"rendered":"Singapore Property Market Review 2023"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><div class=\"page\" title=\"Page 2\">\n<div class=\"layoutArea\">\n<div class=\"column\">A pivotal moment in 2023 was the World Health Organisation\u2019s declaration on May 5th that COVID-19 no longer constituted a public health emergency of international concern. This declaration marked a turning point, paving the way for the property market to rebound from the challenges posed by the pandemic in the preceding years.<\/div>\n<\/div>\n<\/div>\n<h5><\/h5>\n<h4>2023 at a glance:<\/h4>\n<ul>\n<li>Government intervention stabilised property prices<\/li>\n<li>Million dollar flats are becoming a norm<\/li>\n<li>HDB resale volume returning to pre-Covid levels<\/li>\n<li>2024 Potential Supply<\/li>\n<\/ul>\n<h4>Expectations for 2024<\/h4>\n<ul>\n<li>Condo market growth to slow down<\/li>\n<li>New HDB classification to reshape the real estate landscape<\/li>\n<li>Challenging rental market ahead<\/li>\n<\/ul>\n<p>View or download the pdf file:<\/p>\n<p>[pdfjs-viewer url=&#8221;https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/12\/99co-Market-Report-2023.pdf&#8221; attachment_id=&#8221;71853&#8243; viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]<\/p>\n<div class=\"page\" title=\"Page 17\">\n<p>&nbsp;<\/p>\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p>&nbsp;<\/p>\n<p><em>The information, data, and predictions on this section of the review are provided for informational purposes only and are not guaranteed to be accurate, reliable, or complete. They are speculative, based on market trends and predictive modelling, and should not be relied upon for decision-making. 99.co is not responsible for any errors, omissions, or any losses or damages arising from the use of this information. Readers should conduct their own research and consult professional advisors before making any decisions. By continuing to read this review, you acknowledge and agree to use the information at your own risk.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A pivotal moment in 2023 was the World Health Organisation\u2019s declaration on May 5th that COVID-19 no longer constituted a public health emergency of international concern. This declaration marked a turning point, paving the way for the property market to rebound from the challenges posed by the pandemic in the preceding years. 2023 at a&hellip;<\/p>\n","protected":false},"author":99,"featured_media":71881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"no","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[57131],"tags":[],"persona":[],"class_list":{"2":"type-post","8":"entry","9":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Singapore Property Market Review 2023 - 99.co<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Singapore Property Market Review 2023\" \/>\n<meta property=\"og:description\" content=\"A pivotal moment in 2023 was the World Health Organisation\u2019s declaration on May 5th that COVID-19 no longer constituted a public health emergency of international concern. This declaration marked a turning point, paving the way for the property market to rebound from the challenges posed by the pandemic in the preceding years. 2023 at a&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/99dotco\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-28T07:53:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/12\/Article.png\" \/>\n\t<meta property=\"og:image:width\" content=\"3600\" \/>\n\t<meta property=\"og:image:height\" content=\"2025\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Felicia Tan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@99dotco\" \/>\n<meta name=\"twitter:site\" content=\"@99dotco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Felicia Tan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/\"},\"author\":{\"name\":\"Felicia Tan\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/dd47076fafcbc59b9e22e04839c8084c\"},\"headline\":\"Singapore Property Market Review 2023\",\"datePublished\":\"2023-12-28T07:53:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/\"},\"wordCount\":230,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/12\/Article.png\",\"articleSection\":[\"Property News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/\",\"name\":\"Singapore Property Market Review 2023 - 99.co\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/12\/Article.png\",\"datePublished\":\"2023-12-28T07:53:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#primaryimage\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/12\/Article.png\",\"contentUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/12\/Article.png\",\"width\":3600,\"height\":2025},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.99.co\/singapore\/insider\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Property News\",\"item\":\"https:\/\/www.99.co\/singapore\/insider\/property-news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Singapore Property Market Review 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#website\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/\",\"name\":\"\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.99.co\/singapore\/insider\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\",\"name\":\"99.co\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/08\/nnco_logo.webp\",\"contentUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/08\/nnco_logo.webp\",\"width\":192,\"height\":72,\"caption\":\"99.co\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/99dotco\/\",\"https:\/\/x.com\/99dotco\",\"http:\/\/instagram.com\/99.co\",\"https:\/\/www.linkedin.com\/company\/3625176\",\"http:\/\/pinterest.com\/99dotco\/\",\"https:\/\/www.youtube.com\/channel\/UCTFNrxXF9L1XZUlZNq07VKA\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/dd47076fafcbc59b9e22e04839c8084c\",\"name\":\"Felicia Tan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ff443e78a49802d462f52c1d8187ee967434d4d1c2bb42f56830fcb4285173f5?s=96&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ff443e78a49802d462f52c1d8187ee967434d4d1c2bb42f56830fcb4285173f5?s=96&r=g\",\"caption\":\"Felicia Tan\"},\"url\":\"https:\/\/www.99.co\/singapore\/insider\/author\/claire99-co\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Singapore Property Market Review 2023 - 99.co","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/","og_locale":"en_US","og_type":"article","og_title":"Singapore Property Market Review 2023","og_description":"A pivotal moment in 2023 was the World Health Organisation\u2019s declaration on May 5th that COVID-19 no longer constituted a public health emergency of international concern. This declaration marked a turning point, paving the way for the property market to rebound from the challenges posed by the pandemic in the preceding years. 2023 at a&hellip;","og_url":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/","article_publisher":"https:\/\/www.facebook.com\/99dotco\/","article_published_time":"2023-12-28T07:53:26+00:00","og_image":[{"url":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/12\/Article.png","width":3600,"height":2025,"type":"image\/png"}],"author":"Felicia Tan","twitter_card":"summary_large_image","twitter_creator":"@99dotco","twitter_site":"@99dotco","twitter_misc":{"Written by":"Felicia Tan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#article","isPartOf":{"@id":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/"},"author":{"name":"Felicia Tan","@id":"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/dd47076fafcbc59b9e22e04839c8084c"},"headline":"Singapore Property Market Review 2023","datePublished":"2023-12-28T07:53:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/"},"wordCount":230,"commentCount":0,"publisher":{"@id":"https:\/\/www.99.co\/singapore\/insider\/#organization"},"image":{"@id":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/12\/Article.png","articleSection":["Property News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/www.99.co\/singapore\/insider\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/","url":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/","name":"Singapore Property Market Review 2023 - 99.co","isPartOf":{"@id":"https:\/\/www.99.co\/singapore\/insider\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#primaryimage"},"image":{"@id":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/12\/Article.png","datePublished":"2023-12-28T07:53:26+00:00","breadcrumb":{"@id":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#primaryimage","url":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/12\/Article.png","contentUrl":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/12\/Article.png","width":3600,"height":2025},{"@type":"BreadcrumbList","@id":"https:\/\/www.99.co\/singapore\/insider\/singapore-property-market-review-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.99.co\/singapore\/insider\/"},{"@type":"ListItem","position":2,"name":"Property News","item":"https:\/\/www.99.co\/singapore\/insider\/property-news\/"},{"@type":"ListItem","position":3,"name":"Singapore Property Market Review 2023"}]},{"@type":"WebSite","@id":"https:\/\/www.99.co\/singapore\/insider\/#website","url":"https:\/\/www.99.co\/singapore\/insider\/","name":"","description":"","publisher":{"@id":"https:\/\/www.99.co\/singapore\/insider\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.99.co\/singapore\/insider\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.99.co\/singapore\/insider\/#organization","name":"99.co","url":"https:\/\/www.99.co\/singapore\/insider\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/logo\/image\/","url":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/08\/nnco_logo.webp","contentUrl":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/08\/nnco_logo.webp","width":192,"height":72,"caption":"99.co"},"image":{"@id":"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/99dotco\/","https:\/\/x.com\/99dotco","http:\/\/instagram.com\/99.co","https:\/\/www.linkedin.com\/company\/3625176","http:\/\/pinterest.com\/99dotco\/","https:\/\/www.youtube.com\/channel\/UCTFNrxXF9L1XZUlZNq07VKA"]},{"@type":"Person","@id":"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/dd47076fafcbc59b9e22e04839c8084c","name":"Felicia Tan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ff443e78a49802d462f52c1d8187ee967434d4d1c2bb42f56830fcb4285173f5?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ff443e78a49802d462f52c1d8187ee967434d4d1c2bb42f56830fcb4285173f5?s=96&r=g","caption":"Felicia Tan"},"url":"https:\/\/www.99.co\/singapore\/insider\/author\/claire99-co\/"}]}},"modified_by":"Felicia Tan","_links":{"self":[{"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/posts\/71852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/comments?post=71852"}],"version-history":[{"count":1,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/posts\/71852\/revisions"}],"predecessor-version":[{"id":81048,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/posts\/71852\/revisions\/81048"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/media\/71881"}],"wp:attachment":[{"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/media?parent=71852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/categories?post=71852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/tags?post=71852"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/persona?post=71852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}