Property Prices in Singapore

Index Info
Price to Income Ratio: 17.90
Mortgage as Percentage of Income: 124.55%
Loan Affordability Index: 0.80
Price to Rent Ratio - City Centre: 31.55
Price to Rent Ratio - Outside of Centre: 29.81
Gross Rental Yield (City Centre): 3.17%
Gross Rental Yield (Outside of Centre): 3.35%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,692.87 S$ 2,300.00-5,500.00
Apartment (1 bedroom) Outside of Centre 2,711.32 S$ 1,800.00-4,000.00
Apartment (3 bedrooms) in City Centre 7,059.60 S$ 4,800.00-10,500.00
Apartment (3 bedrooms) Outside of Centre 4,988.02 S$ 3,500.00-7,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,427.58 S$ 1,449.99-2,999.98
Price per Square Feet to Buy Apartment Outside of Centre 1,654.68 S$ 1,218.88-2,136.75
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,138.11 S$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 2.60-4.75

These data are based on 460 entries in the past 18 months from 93 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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