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In Your OpinionAuthor: The Straits Times
Synopsis: Every second Wednesday of the month, The Straits Times takes a hard look at Singapore's social issues of the day with guests. Podcasters: Lynda Hong Produced and edited by: Hadyu Rahim Executive producers: Ernest Luis & Lynda Hong A podcast by The Straits Times, SPH Media. Language: en-us Genres: News, News Commentary, Politics Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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S1E71: Fewer babies, slower boom? The future of Singapore’s real estate market
Episode 71
Tuesday, 14 April, 2026
Why Singapore’s low fertility rate last year could really redefine real estate from 2050.Synopsis: On Wednesdays, The Straits Times takes a hard look at Singapore's social issues of the day with newsmakers.Singapore is producing fewer babies. Its birth rate, measured by the total fertility rate (TFR), plunged to a record low of 0.87 in 2025, continuing the downtrend of 0.97 in 2023. The citizen population may start to shrink by the early 2040s. In February 2026, Deputy Prime Minister Gan Kim Yong stressed the need to therefore have a “carefully managed immigration flow to augment our low birth rate”.As the population shrinks, who would be the buyers in the property market in the future? To delve deeper into this, Lynda Hong hosts Mr Alan Cheong, executive director of consultancy at Savills Singapore. They also discuss how fewer buyers in the future would push the property market to be rental-based, rather than ownership-driven. They chat too, about the future of the Voluntary Early Redevelopment Scheme (Vers) and how rapid changing technology could change immigration policy. Highlights (click/tap above): 7:54 How shrinking family sizes have concentrated wealth for young buyers 15:38 The AI threat also applies to immigrant skills 20:09 How Vers could be implemented 24:10 Why Singapore may be leaning towards Generation Rent in the future 25:28 Why youth of the future may not have the same desire to own property later on 27:25 The looming divide between appreciating freeholds and plunging ageing leaseholds Read ST’s Opinion section: https://str.sg/w7sH Follow Lynda Hong on LinkedIn: https://str.sg/Gm2v Host: Lynda Hong (lyndahong@sph.com.sg) Produced and edited by: Teo Tong Kai Executive producers: Ernest Luis & Lynda Hong Follow In Your Opinion Podcast here and get notified for new episode drops: Channel: https://str.sg/w7Qt Apple Podcasts: https://str.sg/wukb Spotify: https://str.sg/w7sV Feedback to: podcast@sph.com.sg --- Follow more ST podcast channels: All-in-one ST Podcasts channel: https://str.sg/wvz7 Get more updates: http://str.sg/stpodcasts The Usual Place Podcast YouTube: https://str.sg/theusualplacepodcast --- Get The Straits Times app, which has a dedicated podcast player section: The App Store: https://str.sg/icyB Google Play: https://str.sg/icyX --- #inyouropinionSee omnystudio.com/listener for privacy information.
