Industry Knowledge and Other Information
Snippets of information / knowledge
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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