SINGAPORE PROPERTY
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
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
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee
