Singapore’s Straits Times Index is expected to reach 3,950 by the end of 2025, according to a report by DBS. This growth is expected to be driven by strong performances from bank-heavyweight stocks, supported by stable bank earnings and slower interest rate cuts by the US Federal Reserve.
DBS also projected Singapore’s GDP to expand by 2.8% in 2025, but said global challenges like the U.S.-China trade tensions and inflation uncertainties could weigh on growth. Retail REITs are likely to remain supported by strong tenant spending, but there could be outflows influenced by market sentiment by late 2025.Grade A office spaces in Singapore’s CBD are expected to stay steady, benefiting from stable occupancy rates and declining costs.The growing Gen Z gender divide reshaping politics