Property Prices in Singapore

Index Info
Price to Income Ratio: 18.10
Mortgage as Percentage of Income: 125.75%
Loan Affordability Index: 0.80
Price to Rent Ratio - City Centre: 31.83
Price to Rent Ratio - Outside of Centre: 28.89
Gross Rental Yield (City Centre): 3.14%
Gross Rental Yield (Outside of Centre): 3.46%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,769.12 S$ 2,500.00-5,500.00
Apartment (1 bedroom) Outside of Centre 2,665.81 S$ 1,800.00-4,000.00
Apartment (3 bedrooms) in City Centre 7,189.53 S$ 4,800.00-10,500.00
Apartment (3 bedrooms) Outside of Centre 4,963.74 S$ 3,500.00-7,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,496.96 S$ 1,499.99-2,999.98
Price per Square Feet to Buy Apartment Outside of Centre 1,585.50 S$ 999.99-2,136.75
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,071.03 S$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.48 2.60-4.80

These data are based on 472 entries in the past 18 months from 97 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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