PLB Insights · Quarterly market report
Q42022 Q4 Market Report
This report reviews how inflation, interest rates, cooling measures and supply conditions shaped Singapore residential property prices and transaction volumes in 4Q 2022, with an outlook for 2023.

Research scope
Read inflation, supply and residential demand together.
The 4Q 2022 report places elevated prices and lower transaction volume within the wider inflation, interest-rate, cooling-measure and housing-supply context entering 2023.
Inflation
Review the case for persistent inflation and its property-market effects.
Interest rates
Track financing direction and the implications for affordability.
Housing supply
Read residential supply constraints against ongoing demand.
Segment outlook
Compare HDB, EC, private non-landed and landed signals.
Inside the report
The full research sequence.
Sections are preserved from the current report landing page and delivered through the existing PLB report workflow.
- 01
Executive Summary
- 02
Methodology
- 03
1.0 Macro
- 04
1.1 The Case for Sticky Inflation in Singapore
- 05
1.2 Interest-Rate Direction and Potential Effects on Real Estate
- 06
1.3 Supply-Side Concerns for Residential Real Estate
- 07
1.4 Overall Macro Situation
- 08
2.0 Micro
- 09
2.1 Resale HDB Prices and Volume
- 10
2.2 Executive Condominiums and Buyer Attention
- 11
2.3 Private Non-Landed Properties Consolidating Pandemic Gains
- 12
2.4 Landed Properties Amid the Slowdown
- 13
2.5 Opportunity Spaces for 2023 Q1 and Beyond
- 14
Conclusion
- 15
Caveats & Disclaimers
Full quarterly report
Get the evidence behind the 4Q 2022 view.
Complete the secure request and the existing report service will send the full quarterly report using the email address provided.
- Inflation and interest-rate context
- Residential supply and segment analysis
- 2023 opportunity-space outlook
Continue the research