Singapore’s property market has witnessed a remarkable surge, with November sales reaching their highest level in over a decade. According to fresh data from the Urban Redevelopment Authority, developers sold 2,557 new private units last month—exceeding the previous six months combined and marking the strongest performance since March 2013. Industry observers attribute the figures to pent-up demand, lower interest rates, and prominent private residential launches.

Looking ahead, what are the trends that will shape private real estate in the new year? Christine Sun, Chief Researcher and Strategist at OrangeTee Group, provides expert insights into Singapore’s private residential property market.