A home is still affordable in Singapore unless you expect a luxury house

A closer look at metrics that measure affordability reveals some surprising statistics.

Housing activities increased steeply after restrictions were eased in June 2020. PHOTO: ST FILE
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The Singapore residential property market has defied gravity over the past two years.

Despite the circuit breaker halting most activities from April to June 2020 and severely impacting most sectors across the economy, the property market chugged on. 

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