Singapore, 12 Jul 2021 The median monthly household has increased by 3.3% annually, and there are more households who live in condos and other apartments than a decade ago.
According to data from the Department of Statistics, Singapore’s household incomes have increased in real and nominal terms over the past 10 years, as reported by The Business Times (BT).
"The younger generation is more educated, and many of them are university graduates." According to BT, more and more people may want to live in condos because of the lifestyle, facilities, and long-term investment return. Christine Sun, Senior Vice President of Research and Analytics at OrangeTee & Tie said that.