The Lion City sits in the lower half of Demographia's International Housing Affordability rankings, as the 53rd most affordable housing market out of the 92 surveyed.
Singapore has a housing affordability median of 5.8. A median of 5.1 and above is severely unaffordable, while a median of 3.0 and under is affordable.
"Singapore's median multiple rose from 4.6 in 2019, to a severely unaffordable 5.8 in 2021, reflecting the impacts of the pandemic shock," Demographia's report read.
股票和信托待关注
$REX国际 (5WH.SG)$:The senior secured bond of its 91.7 per cent-owned subsidiary, Lime Petroleum, has been fully subscribed, Rex announced on Wednesday. The bond, worth 95000万 Norwegian krones (S$13420万), will be used to refinance an existing senior secured bond, as well as further acquisitions on the Norwegian Continental Shelf. Shares of Rex International ended Tuesday up 3.6 per cent or S$0.01 at S$0.285.