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ARTICLE · 03 MARCH 2023

Seeking Luxe Real Estate

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2022 has been described as the year of the crypto crash, when virtual currencies suddenly lost their lustre, even before many could wrap their heads around what they were.

SingaporeReal Estate and Construction
Kenneth Szeto
Kenneth Szeto
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The Singapore real estate market is likely to remain buoyant in 2023.

2022 has been described as the year of the crypto crash, when virtual currencies suddenly lost their lustre, even before many could wrap their heads around what they were. The stock market didn't fare well either, as tech stocks plummeted, with the Nasdaq Composite index falling by a third.

However, brick-and-mortar real estate in Singapore has not only weathered the crypto storm in the background, but has also gone on to scale greater heights, notwithstanding factors like the Ukraine war, post-pandemic inflation and worldwide supply chain crunches.

Various market watchers and analysts appear to agree on a number of trends in the Singapore real estate market.

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