Monday, September 24, 2007

HDB median resale prices

1 rm $115,000
2 rm $132,000
3 rm $171,000
4 rm $241,000
5 rm $300,000
Exec $358,000

Ratio of of 5 rm price / annual salary ($78,000) = 3.8
Ratio of Condo price / annual salary = 18

Huge discrepancy!

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