Singapore average household income $6260 per mth, $78,000 per yr
2005 ave PSF $500-700 ave selling price $995,000 condo units sold: 14,000
2006 ave PSF $600-800 ave selling price $1,420,000 condo units sold: 20,600
Ave selling price / household income = 18x
Comparison skewed bcos household price does not include HDB prices
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