Housing affordability
Chart of the day: SG is 53rd most affordable major housing market
Chart of the day: SG is 53rd most affordable major housing market
Singapore has a housing affordability median of 5.8, or severely unaffordable.
Three factors that will improve housing affordability in 2022
If housing affordability improves it will support SG’s covered bonds.
Housing affordability to slightly worsen as prices increase: Moody’s
However, it will remain “sound” as low interest rates will counter the impact of the price increases.
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