Household income is increasing year by year, should property price increase as well? 

Growing Median Household Income


 

 

 

 

 

 

 


No. of Households with Monthly Income $10,000 - $11,999 

 

 

 

 

 

 

 

 

 

 

 

No. of Households with Monthly Income $12,000 - $13,999 
(More OCR buyers)

 

 

 

 

 

 

 

 

 

 

 

No. of Households with Monthly Income $14,000 - $17,499 
(More OCR & RCR buyers)

 

 

 

 

 

 

 

 

 

 

No. of Households with Monthly Income $17,500 - $19,999
(More 
OCR & RCR buyers)

 

 

 

 

 

 

 

 

 

No. of Households with Monthly Income $20,000+
(More 
OCR, RCR & CCR buyers) 

 

 

 

 

 

 

 

 

 

 

 

 

Core Central Region (CCR)
– CCR consists of real estate in the postal District 9, 10, 11, Downtown Core and Sentosa.

Rest of Central Region (RCR)
– The area within the Central Region but outside postal district 9, 10, 11, Downtown Core and Sentosa (the Core Central Region)

Outside Central Region (OCR)
– The remaining 16 district in the 4 regions such as the West, East, North and North-East Regions.



Article credit: Singtat

Singapore

Household

Income

Year 

2005

Year

2016

~

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