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Daily Briefing: Singapore homes now less costly; 3 danger signs for property market
And here's what you don't know about Joint Singles Scheme.
- In 2016, the home price here was 4.8 times the median annual pretax household income. Find out more here.
- Looking back at the lessons of the past, it had been oversupply, speculative buying, lack of affordability, and lack of sustainable investment that have really deflated the market. Read more here.
- The longstanding HDB rule that singles below the age of 35 cannot own HDB flats is well known. But if you and a friend, sibling or partner are already 35 and above and would like to jointly own a flat, you have a few options, thanks to the Joint Singles Scheme. Find out more about that here.