03 Jan '13, 10am

How many Singaporeans can afford a

Quote: Originally Posted by chestnut Have you read the effects of immigration??? This is an add on the number of Singaporeans who can afford... You combine the both, the results are crazy!!!! of course ...immigrants normally are baby boomers ... they need a home urgently, be it rental or purchase we took in about 500k SPRs/SCs over the last 10y .. may be about 100k new families, out of those probably 50k can afford at least an MM barring Blackswan, it is almost certain HDB resale price index will hit 223 (up another 12% form current level) in next 2y, 276 in another 5y

Full article: http://forums.condosingapore.com/showthread.php?p=351299#...

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