The year 2024 could present a promising opportunity for first-timers looking to make a move in the private residential market. After a few years of price escalation, home prices have stabilised, providing for more predictable and potentially favourable buying conditions. 

The Government’s cooling measures have also effectively curbed the influx of foreign buyers and short-term investors — creating a conducive environment for genuine buyers, especially first-timers, to enter the market. 

With careful research and planning, first-time private-home buyers could take advantage of changing trends to find a home that meets their needs and budget. 

What are some key factors to consider?

Read the full article, written by Christine Sun, Chief Researcher and Strategist at Realion (OrangeTee & ETC) Group in the link below.