Source: URA, SingStat
Last Update: 3Q2021
Key Observations
- Rate of income growth has outpaced both HDB and Private Non Landed prices since 2010.
- The introduction of the Total Debt Servicing Ratio (TDSR) resulted in negative growth for both residential sectors.
- Jul’18 Cooling Measures was only a temporary brake, with prices shooting up again in recent quarters, especially for the HDB sector. Hence, resulting in cooling measures in Dec 2021.
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