Singapore housing prices seriously unaffordable: survey

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Singapore housing prices seriously unaffordable: survey

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24-01-2019, 10:30 PM

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Singapore housing prices seriously unaffordable: survey

An honorable member of the Coffee Shop Has Just Posted the Following:

The survey results showed that the median house price is 4.6 times the median household income.

House prices in Singapore are considered “seriously unaffordable”, with a median multiple of 4.6, which means that the median house price is 4.6 times the city-state’s median household income, according to an annual survey.

Conducted by urban planning policy consultancy Demographia in Q3 2018, the 15th Annual Demographia International Housing Affordability Survey (2019) covered 309 cities in...

Singapore housing prices seriously unaffordable: survey

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