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Singapore-Market-Outlook-2023 Singapore-Market-Outlook-2023

Singapore Market Outlook 2023

06/12/2022

Singapore’s economy is poised to grow by 3.7% y-o-y in 2022, as economic indicators remain healthy given a return to pre-pandemic normalcy. Unemployment rates remain low, and wages and consumer spending continue to increase.  While economic indicators look healthy, a slew of well-documented headwinds will temper market sentiments into 2023. This includes an unclear trajectory of inflation and interest rates, and global geopolitical tensions. While there are signs of easing inflation, global monetary policy direction remains uncertain. 

How is the market outlook for Singapore’s property? Download this report as we explore the impact on office, industrial, retail, private residential, hotels and investment market.

Authors

Leong-Deyang
Deyang Leong

Senior Director
Singapore, Singapore


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Wong-Xian-Yang
Xian Yang Wong

Head of Research Singapore & SEA
Singapore, Singapore


+65 62320885

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Ong Brenda
Brenda Ong

Executive Director
Singapore, Singapore


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Singapore Market Outlook 2023

Singapore’s economy is poised to grow by 3.7% y-o-y in 2022, as economic indicators remain healthy given a return to pre-pandemic normalcy.
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