Property Prices in Singapore

Index Info
Price to Income Ratio: 21.00
Mortgage as Percentage of Income: 145.24%
Loan Affordability Index: 0.69
Price to Rent Ratio - City Centre: 34.03
Price to Rent Ratio - Outside of Centre: 32.20
Gross Rental Yield (City Centre): 2.94%
Gross Rental Yield (Outside of Centre): 3.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,625.82 S$ 2,100.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,651.57 S$ 1,800.00-3,600.00
Apartment (3 bedrooms) in City Centre 7,358.00 S$ 4,800.00-11,000.00
Apartment (3 bedrooms) Outside of Centre 5,070.00 S$ 3,500.00-7,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,644.72 S$ 2,099.78-3,499.97
Price per Square Feet to Buy Apartment Outside of Centre 1,778.91 S$ 1,393.53-2,199.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,669.64 S$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.43 2.50-4.85

These data are based on 519 entries in the past 18 months from 86 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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