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Yi Qian

Foreign demand for SG property plunged 71% in 2024 after ABSD hike. Discover key trends & 2025 Q1 rebound in new sale and resale transactions.

April 4, 2025

Foreign Demand Plunged in 2024—New Sales Down 71% to 91 Units, But 2025 Opens Strong With 30 New Sales and 26 Resales in Q1

With effect from the August 2023 Build-to-Order (BTO) Exercise, stricter penalties will be imposed on couples who do not select a flat when invited by the Housing and Development Board (HDB) to do so. A new priority category benefiting first-timer families applying for their first BTO flat was also introduced. In his Committee of Supply …