23 Feb '16, 6am

Singapore homes seriously unaffordable: report

Singapore’s market cooling measures have been effective in reducing the prices of HDB flats and private homes over the past few years, but housing costs here are still seen as too high, revealed findings published by a global report last month. According to the 12th Annual Demographia International Housing Affordability Survey , Singapore has a “seriously unaffordable” rating of 5.0, no change from last year’s survey. The report used the median multiple indicator, which is the median house price divided by gross annual median household income, to rate housing affordability across 367 cities in nine countries. A grade of 3.0 and below is considered affordable, 3.1 to 4.0 (moderately unaffordable), 4.1 to 5.0 (seriously unaffordable) and 5.1 and over (severely unaffordable). Despite being seen as expensive, the report noted that “Singapore has been far more successful in con...

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

Tweets

#singapore #property Singapore homes seriously ...

propertyguru.com.sg 22 Feb '16, 10pm

Singapore’s market cooling measures have been effective in reducing the prices of HDB flats and private homes over the pas...

#PGAChamps

sunshinetour.com 25 Feb '16, 5am

Menu Home Schedule Tour Schedule Television Schedule Players Player Profiles Players Area, Entries & Exemptions Secure Mem...

#singapore #property ECs offer good profits: re...

propertyguru.com.sg 25 Feb '16, 5am

View of the Bishan Loft executive condominium. While demand for executive condominiums (ECs) have slowed down since 2014, ...

These billionaire homes truly know the meaning of luxury. #Homes #Luxury #Mortgages

These billionaire homes truly know the meaning ...

forbes.com 21 Feb '16, 6pm

Billionaires have been trading multimillion-dollar real estate with tremendous zeal in recent years, slapping down record ...

also, nice summary blog post on report from @cafcp

also, nice summary blog post on report from @cafcp

cafcp.org 23 Feb '16, 2pm

A new joint report from California Energy Commission and Air Resources Board puts forward findings that represent analyses...

Global Corruption Report: Sport - Transparency International:

Global Corruption Report: Sport - Transparency ...

transparency.org 23 Feb '16, 6am

Sports organisations to be open about how they operate, the money they make and how they spend it. Cities and countries wh...

75% rise in #Singapore #property listed for auc...

selectproperty.com 22 Feb '16, 5pm

Market volatility in the Far East triggered a significant uplift of investors in Singapore putting their assets under the ...

New report shows benefits of water heaters for ...

renewableenergyfocus.com 22 Feb '16, 10am

Prepared for the National Rural Electric Cooperative Association (NRECA), the Natural Resources Defense Council (NRDC) , a...

#singapore #property Over 400 applications for ...

propertyguru.com.sg 22 Feb '16, 3am

Prospective buyers looking at a model of Wandervale. (Photo: Sim Lian Group) The Wandervale executive condominium (EC) by ...

New: Singapore Property Weekly Issue 248 now out

propwise.sg 22 Feb '16, 2pm

Top Weekly Non-Landed Residential Resale Property Transactions for the Week of January 27 – February 2 5 Things You Must K...

Too many malls in Singapore?

propertyguru.com.sg 19 Feb '16, 1am

With over a hundred malls currently operating in the city-state and several more expected to rise in the near term, is Sin...

Too many malls in Singapore? >>> Too many and t...

propertyguru.com.sg 19 Feb '16, 6am

With over a hundred malls currently operating in the city-state and several more expected to rise in the near term, is Sin...

#singapore #property 5 tips when navigating Sin...

propertyguru.com.sg 28 Feb '16, 10pm

Developers are bracing for a tougher market ahead as many unsold units remain, while tenants are calling the shots amid a ...

Nearly 80% more Singapore homes put up for auction last year by banks and distressed owners

Nearly 80% more Singapore homes put up for auct...

straitstimes.com 18 Feb '16, 9am

SINGAPORE - The economic slowdown and the tough leasing market led to a jump in the number of residential properties put u...

MUJI Singapore reduce prices on 321 household products

MUJI Singapore reduce prices on 321 household p...

greatdeals.com.sg 24 Feb '16, 9am

Confused? Here’s the bottom line: Simply make your purchases starting now till 17 March to ensure you get the best prices ...