Housing prices are increasing here in Singapore amid a time of slowing growth and rising mortgage rates. Rental market is expected to continue its upward trend in 2023 due to rising costs and surging demand. Last month, The Business Times even described that 2023 would be “another year of pain for tenants” as higher property taxes and interest rates are likely to contribute to more increases in rents. On Money in the Market, Hongbin Jeong speaks to Ismail Gafoor, CEO of PropNex, to find out more about the current state of the property market and what the outlook is like.

Housing prices are increasing here in Singapore amid a time of slowing growth and rising mortgage rates. Rental market is expected to continue its upward trend in 2023 due to rising costs and surging demand. Last month, The Business Times even described that 2023 would be “another year of pain for tenants” as higher property taxes and interest rates are likely to contribute to more increases in rents. On Money in the Market, Hongbin Jeong speaks to Ismail Gafoor, CEO of PropNex, to find out more about the current state of the property market and what the outlook is like.

Take a step back, refocus, and Reset with Lynlee.

Take a step back, refocus, and Reset with Lynlee.

Airing weekdays from 1pm to 4pm, the show brings clarity to the stories shaping Singapore and the world — from current affairs and global developments to business trends and industry shifts. Through insightful conversations and fresh perspectives, Lynlee explores what’s driving the headlines and where things are heading next.

Featuring segments like Viewpoint, Industry Insight and Suite Talk, Reset goes beyond the noise to offer thoughtful analysis, real-world context and ideas that help you recalibrate for the rest of your day.

Take a step back, refocus, and Reset with Lynlee.
Airing weekdays from 1pm to 4pm, the show brings clarity to the stories shaping Singapore and the world &mdash; from current affairs and global developments to business trends and industry shifts. Through insightful conversations and fresh perspectives, Lynlee explores what&rsquo;s driving the headlines and where things are heading next.
Featuring segments like Viewpoint, Industry Insight and Suite Talk, Reset goes beyond the noise to offer thoughtful analysis, real-world context and ideas that help you recalibrate for the rest of your day.