The Government has introduced new cooling measures on 15 Dec 2021. Here are the prediction of the Property Market Outlook in 2022.
Increase in HDB flat supply to moderate and achieve a sustainable growth for the HDB resale price increase.
GLS confirmed list increase in confirmed list residential units by 40% to address dwindling stock of new homes especially in Mass Market, OCR and City Fringe, RCR regions.
Outlook predictions on home prices: Muted organic growth in 2022
Private residential home prices expected to grow 3 5% in 2022
HDB Resale home prices expected to grow by 6 8% in 2022
Outlook predictions on Sales Volume: Moderated Sales in 2022
Projected HDB Resale volume for 2022 will remain unchanged at 30,000 units
Projected Private Resale volume for 2022 will drop by 20 25% to 14,000 16,000 units
Projected Private new sale volume for 2022 will drop by 20 25% to 9,000 10,000 units
