SINGAPORE PROPERTY
·
SUBSCRIBERS
In a Covid year, new condos' price-income ratio widens
Ratio captures rising prices against first decline in household income in over a decade; mortgage rates are inching up globally
Add BT as a preferred source
Published Mon, Mar 15, 2021 · 09:50 PM
Singapore
LIKE several countries across the world, Singapore has seen private housing prices move higher in spite of a global pandemic.
Given this, fresh data shows that the gap between incomes and prices of private non-landed homes continued to widen in 2020.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
UOB aims to double wealth income to at least S$2.5 billion by 2030; Q1 profit slips 4%
Sony, Singapore’s GIC to pay almost US$4 billion for Bieber, Neil Young catalogue
