![](\"http:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/01\/Dr-Lee-Nai-Jia-e1513840594914.jpg?fit=3%2C3\")
\nPrivate home prices and transactions are expected to remain subdued in 2019.
\nExperts look into the crystal ball to give their outlook on the Singapore property market.
\nBy Romesh Navaratnarajah
\nRecent property cooling measures may have dampened market sentiment towards the end of 2018, but this year will see a slew of project launches as many en bloc properties sold in the last one year are expected to be launched for sale in the coming months.
\nDevelopers are expected to price their projects more affordably in light of the current sentiment, which will benefit home buyers. However, it remains to be seen if buyers will choose to wait on the sidelines or enter the market. We spoke to several property experts to give us their predictions for 2019.
\n1. Lewis Ng
\nChief Business Officer, PropertyGuru Group
\n\u201cThe Singapore property market is expected to see robust growth in 2019 and we expect to see at least 40 new project launches and more than 10,000 private residential units likely to be completed.
\n\u201cProperty cooling measures introduced in July have impacted the en bloc market, with only two en bloc deals worth $353 million completed in Q3 2018. Private home prices have also moderated, dropping by 0.1 percent in Q4 2018 \u2013 the first drop in six straight quarters. We can expect private home prices and transactions to remain subdued.
\n\u201cA strong economy and political stability will help boost Singapore\u2019s real estate sector as external shocks and global instability are likely to lead more foreign and institutional investors to consider parking their money in the city-state.
\n\u201cMortgage interest rates have also been rising. With the SIBOR closely pegged to the US Federal Reserve, mortgage interest rates for those with floating packages are likely to climb higher, increasing the burden on Singaporean homeowners.\u201d<\/p>\n