Singapore Prime Homes Most Affordable Among Global Peers: Chart

Want a luxury home? Move to Singapore. The island’s prime residential homes are the most affordable among global cities after the city-state’s top-end housing prices dropped 20 percent in the past five years, according to Jones Lang LaSalle Inc. The average home-price-to-income ratio of 5.6 times in Singapore last year was several times lower than in places such as Hong Kong, Sydney and Tokyo.

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