Young people in Singapore are increasingly purchasing private properties for lifestyle and investment purposes [1, 2].
This trend signals a shift in the financial priorities of the city-state's younger generation, as dual-income couples without children move away from traditional housing paths toward private assets [3].
Data shows a 40% jump in home loans taken by borrowers under 35 years old between 2024 and 2025 [1]. This surge reflects a growing appetite for real estate as a vehicle for wealth accumulation among those entering their peak earning years.
Some buyers are targeting high-end luxury units to secure their financial future. For example, Ms. Teri Tan purchased a one-bedroom condominium unit at The Sail @ Marina Bay for approximately $1.25 million when she was 28 [2].
While many view these purchases as strategic investments, others point to gaps in the regulatory environment. Dr. Lorcan Sirr said, "Like, we don't even tax people who leave properties empty, for example" [4].
Couples with dual incomes and no children are particularly drawn to these properties [3]. Their ability to pool resources allows them to enter the private market earlier than previous generations, often prioritizing asset growth over the immediate need for larger family-sized homes.
“40% jump in home loans taken by loans borrowers under 35 years old”
The rise in private property acquisitions by young Singaporeans suggests a growing trend of 'asset-first' financial planning. By leveraging dual incomes to enter the private market early, these buyers are betting on real estate appreciation to secure long-term wealth, potentially increasing demand for smaller, high-value luxury units over traditional family housing.
