Will Singapore’s property prices always rise, or is that a myth?

With short-term demand-drivers remaining robust, many people subscribe to the belief that property prices can only go up, but demand trends shaped by demographic shifts and deeper market forces suggests a more complex reality. Professor Sing Tien Foo, Provost’s Chair Professor from the Department of Real Estate at the NUS Business School, weighs in on various demand factors, the importance of adjusting the housing supply to align with shifting demographic patterns, and the need for property markets to be resilient enough to avert unforeseen dips in housing prices in the long term.