Monthly Archives: July 2010

Risks involved in market swings

The high-end properties as well as the mid to high-end properties risks largely depends on the demonstrated price volatility during market swings. The mass market condominiums are presently facing the challenge of a market affordability risks. Continue reading

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Relationship of household income to demand

A household comprise of two persons could comfortably stay in a condominium that has an area of about 800 to 1,100 square feet. The conservative estimate of maximum affordable property level of $1m to $1.1m could present a $909 psf to $1,375 psf household affordability level largely depending on the size of the unit purchased. Continue reading

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Housing and equity in Singapore

The monthly average income of an individual in Singapore is about $4,000 in 2010. In 2008, the average income was about $3,977 per person. In 2009, the average income per person was about $3,872. Assuming that both spouses are working in a certain household, the average income would be an estimated $8,000 per household. Continue reading

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