Trade wars? Global tariffs? These might seem far removed from your home search — but in today’s interconnected economy, even international politics can have real effects on local property trends.
On April 9, 2025, the US introduced a 10% tariff on imports from countries like Singapore. While the short-term effects may be muted, depending on how this plays out globally, the ripple effect could be felt across everything from mortgage rates to homebuyer sentiment.
So what does this mean for your real estate journey?
Global Tensions, Local Decisions
Singapore’s open economy thrives on trade, and while it’s resilient, shifts in investor confidence and interest rates can impact buying power and long-term property values.
You might not be directly affected by tariffs, but the macroeconomic reactions — such as rising interest rates or changing foreign investment patterns — can influence everything from how fast your home sells to what kind of mortgage deal you can secure.
Key Trends to Watch
- Luxury slowdown? Cautious buyers may wait before committing to high-end condos.
- HDB stability: Public housing demand remains firm, though decision cycles may slow slightly.
- Global shifts = local opportunity: If multinationals reroute supply chains or relocate operations, Singapore could see increased demand in key districts.
Interest Rates in Focus
Mortgage rates in Singapore are linked to SORA, which often follows global trends. If US rates climb or remain volatile, SORA could rise — affecting monthly repayments for floating-rate home loans.
Now is a great time to review your mortgage, consider refinancing options, or lock in a fixed rate if you’re buying soon.
Thinking of Buying, Selling, or Holding?
There’s no “one-size-fits-all” answer. It depends on your timeline, financial goals, and the type of property you own or are eyeing. But don’t navigate it alone.
Talk to a Haohaoguo Agent Today
Whether you’re buying your first home, upgrading, or investing, our team at Haohaoguo can help you make smart, confident decisions in an uncertain market.
✅Get a personalised market assessment
✅Explore strategic buying/selling timing
✅Understand how global trends affect your specific neighbourhood
📞 Contact a Haohaoguo Agent now
Let’s talk about your property goals and how to stay ahead, no matter what the headlines say.
