24 Sep '14, 7am

#singapore #property S’pore among least affordable cities for young graduates: Singapore is o... @valuepropertysg

#singapore #property S’pore among least affordable cities for young graduates: Singapore is o... @valuepropertysg

Comment E-mail to friend Bookmark & Share Singapore is one of the least affordable cities in the world for young professionals according to Knight Frank’s Cost of Living Index. The city-state was ranked 16th on the list of 20 global cities monitored by Knight Frank, and published in its inaugural Global Cities 2015 report. The report stated that young graduates based in Singapore have one of the lowest levels of disposable income, with around 10 percent of their net salaries left at the end of every month. Frankfurt was rated as most affordable on the list, with young professionals in the German city having 60 percent of their income remaining after expenses. In 20th place, Hong Kong emerged as the least affordable city, with a 4.61 percent income deficit recorded for a Hong Kong graduate. All Asian cities fell below the top 10 among the global cities tracked. Knight Frank...

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

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