16 October 2025 – At the RICS REDAS Conference 2025, Mr Suan Teck Hin, Executive Director and Head of Research at UOB, shared his outlook on Singapore’s property market, interest rate trends and liquidity conditions.

Stable Interest Rates and Strong Liquidity

Interest rates in Singapore have eased in recent months, supported by healthy liquidity within the financial system. The overnight SORA rate fell below 1 percent earlier this year, reflecting continued investor confidence in Singapore’s stable economic fundamentals.

Mr Suan noted that Singapore’s rates have largely adjusted to global market movements and are likely to remain steady in the near term. Stable borrowing costs help support business operations, investment planning and housing affordability across the market.

Housing Demand Supported by Fundamentals

Housing demand remains underpinned by sound fundamentals such as income growth, employment and household formation. UOB’s research shows that Singapore’s housing price index continues to move in line with the overall economy.

Government measures have helped guide the market toward sustainable growth, ensuring that housing remains accessible while the broader economy continues to expand at a measured pace.

Marriage and family formation trends also contribute to stable long-term housing needs. Each new household creates natural demand for housing and supports continuity in the property cycle.

Household Wealth and Financial Resilience

Singapore households continue to maintain strong balance sheets, with assets exceeding liabilities by a wide margin. A significant share of household wealth is held in cash, CPF savings and financial assets, providing flexibility and confidence to consumers. This financial strength has supported steady housing activity despite shifts in global conditions.

Key Takeaways for the Industry

Mr Suan’s presentation reflected a generally steady market environment,  characterised by ample liquidity, stable policy settings and resilient household finances.

For the real estate and built environment community, these insights reinforce the importance of long-term planning, prudent investment and continued collaboration across the ecosystem.

REDAS will continue to facilitate dialogue and knowledge-sharing among members and partners to support a resilient, well-informed and forward-looking real estate industry.

For more information, check out media coverage by Business Times & The Edge.