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Real Estate

Singapore Property Is Unaffordable, Six Out of 10 People Say

  • City-state’s real estate market defies gravity, fueling angst
  • Rising rates are having a limited impact on market: analyst
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Housing’s Global Slump Is Deepening From Rate-Hike Pain

Singapore is defying a global property downturn, fueling concerns about affordability within the city-state. 

Nearly six in 10 people who want to rent or buy said they find property becoming more unaffordable, according to a poll of 790 respondents conducted in July by 99 Group, which operates online home rental portals.