Growing difficulty in owning a private landed home does not imply a lower standard of living
Landed home prices are up sharply and their share of private housing stock is declining
Add BT as a preferred source
IS LIFE getting harder for young professionals here? With costly car ownership, many people give up on owning a car.
On the housing front, upgrading from a Housing and Development Board (HDB) Build-To-Order flat to a condominium is challenging. And owning a landed home can be beyond the reach of even high-income earners.
Yet, in the early years after Singapore’s independence, numerous local accountants, civil servants, doctors, engineers, lawyers and teachers bought private landed homes, sometimes on single incomes.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
The factors that make South-east Asia’s top conglomerates stand out
