Property prices in Singapore reached its peak in 2021 and prices continue to hike in 2022. Demand do not seem to dampen as overall generally many still believe that purchasing a property in Singapore is still a wise investment to hedge against inflation as evidently shown during the covid period with property prices breaking record after record. However, we cannot generalize that all properties will help to hedge against inflation due to tenure, depreciating lease, etc. Newer and freehold condos tend to hold well and prices usually appreciated in the short run for new leasehold condos, and in the long run for freehold condos due to scarcity of freehold land in Singapore. Lentor Modern

Source: The Straits Time

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