Should property be your biggest investment?
August 14, 2026
Below is a summary of Providend’s podcast, “Should property be your biggest investment? What 35 years of Singapore data reveals”:
1. As an investment, Singapore properties have strong returns in the past 35 years.
CAGR of property and equity index returns (1990 to 2025):
– Private residential: 4.8%
– Landed: 5.2%
– Non-landed: 4.6%
– HDB resale: 6.2%
– MSCI All Country World Index in SGD: 4.8%
2. CAGR of property index is different from the return of owning a physical property.
The latter can underperform or overperform an index. Location, lease tenure, development quality, age, competition from new projects and supply-and-demand all matter.
Besides, owners need to pay the following:
– Buyer and seller stamp duties
– Mortgage interest
– Property tax
– Renovation
– Maintenance
– Agent fees... read more