The resale HDB market is expected to maintain stability. While resale HDBs remain a preferred choice for homebuyers, transaction volume and prices may be constrained by various limiting factors. The government will continue to regulate the market and take appropriate measures to ensure its sustainable development.

The proportion of units in mature HDB estates reaching the minimum occupancy period will further increase. This implies that more units in mature HDB estates will qualify for resale. As more units enter the market, it may have a certain impact on resale prices.

New HDB zoning policies will alter homebuyers' choices and demand in the resale market. Some areas with pre-purchase HDBs will require a longer minimum occupancy period. This could lead to an increase in pre-purchase HDB prices in these areas, and in the long term, these areas may have higher capital appreciation potential.

The luxury property market may encounter certain challenges. The Singapore government has implemented a series of measures, such as Additional Buyer's Stamp Duty (ABSD), to restrict investment purchases and prevent market overheating. This may have an impact on transaction volume and prices in the luxury property market.

Government policies will continue to play a crucial role in shaping the real estate market. The government will remain vigilant in ensuring the market's stable development, safeguarding the interests of homebuyers and investors, and taking appropriate measures to control market fluctuations and risks.