[OC] Housing has become increasingly unaffordable in Singapore, more so than in other high-cost citiesearthlymonarch OP t1_ivyb4ak wrote
Reply to comment by lo_fi_ho in [OC] Housing has become increasingly unaffordable in Singapore, more so than in other high-cost cities by earthlymonarch
I think the resale prices also follow the overall price trajectory in the housing market, because shortages in BTO units are pushing more people into the resale market. The August 2022 BTO exercise closed with 39,136 applications for the 4,993 units. I don't think the high prices - whether through BTO or resale - is going to be a short-term issue (as highlighted in the chart subtitle).
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