Chart of the day: SG is 53rd most affordable major housing market

Singapore has a housing affordability median of 5.8, or severely unaffordable.

The Lion City sits in the lower half of Demographia's International Housing Affordability rankings, as the 53rd most affordable housing market out of the 92 surveyed.

Pittsburg, Pennsylvania in the US is the most affordable housing market in the 2022 rankings, while Hong Kong is the least affordable.

Singapore has a housing affordability median of 5.8. A median of 5.1 and above is severely unaffordable, while a median of 3.0 and under is affordable.

"Singapore’s median multiple rose from 4.6 in 2019, to a severely unaffordable 5.8 in 2021, reflecting the impacts of the pandemic shock," Demographia's report read.

It added that the HDB's goal objective of encouraging Singaporeans to own their own homes has been achieved in 2020, when the country hit an 88% home ownership rate.

The study rates middle-income housing affordability in eight nations: Australia, Canada, China, Ireland, New Zealand, Singapore, the United Kingdom, and the United States.

Follow the link s for more news on

Housing affordability

Housing and Development Board

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia