22 Mar '12, 7am

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Housing and Development Board (HDB) resale homes in Singapore are more unaffordable than private homes, PropertyGuru can exclusively reveal. They are also classed as being ‘severely unaffordable’. Using a globally-recognised formula where the Median Multiple (median house price divided by the annual median household income) is used to calculate housing affordability, HDB resale flats are also classed as being severely unaffordable using a scale which was most recently published in the 8th Annual Demographia International Housing Affordability Survey. Housing affordability is evaluated based on the quotient deduced from the given formula, where a result of 3.0 and below would imply that houses are affordable, 3.1 to 4.0 (moderately unaffordable), 4.1 to 5.0 (seriously unaffordable), and 5.1 and over (severely unaffordable). Given that the international report centred on the...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

HDBs more unaffordable than private homes - Pro...

propertyguru.com.sg 22 Mar '12, 7am

Housing and Development Board (HDB) resale homes in Singapore are more unaffordable than private homes, PropertyGuru can e...

HDBs more unaffordable than private homes - Pro...

propertyguru.com.sg 22 Mar '12, 7am

Housing and Development Board (HDB) resale homes in Singapore are more unaffordable than private homes, PropertyGuru can e...

Incoming rebuttal from Khaw Boon Wan in 3..2.. ...

propertyguru.com.sg 22 Mar '12, 5am

Housing and Development Board (HDB) resale homes in Singapore are more unaffordable than private homes, PropertyGuru can e...

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We've been members of our local chapter of the USGBC for well over 5 years, with prior experience in green real estate. Re...

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propertyguru.com.sg 23 Mar '12, 9am

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todayonline.com 23 Mar '12, 9pm

SINGAPORE - The Housing and Development Board (HDB) has slammed an article published on property portal PropertyGuru, whic...

HDBs more unaffordable than private homes - Yah...

sg.news.yahoo.com 23 Mar '12, 5pm

Housing and Development Board (HDB ) resale homes in Singapore are more unaffordable than private homes, PropertyGuru can ...

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todayonline.com 22 Mar '12, 11pm

The prime and mass-market private housing segments in Singapore are facing starkly different fortunes. According to recent...

PropertyGuru report is based on incomplete data...

sg.news.yahoo.com 23 Mar '12, 10am

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thefinance.sg 21 Mar '12, 12pm

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straitstimes.com 23 Mar '12, 12am

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justluxe.com 23 Mar '12, 6pm

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