Relatively cheaper than in 1996 boom year, data from two reports say
| By Joyce Teo, Property Correspondent | ||
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Shoes left outside the Caspian condo showroom in Jurong West by potential buyers testify to the demand for private homes despite the downturn. Thanks to the boom years, wage growth has outpaced property price growth for many, making private homes more affordable. — ST FILE PHOTO
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PRIVATE home prices may be on the rise again but new data suggest home buyers swept up in the latest frenzy are not necessarily overstretching themselves.
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Buyers are finding condominiums far more affordable relative to their income now than they did during the mass market property boom of 1996, Continue reading
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