Buying condos before 35: Report finds young S'poreans make up growing share of new private property buyers

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Buying condos before 35: Report finds young S'poreans make up growing share of new private property buyers
SingaporeYoung BuyersPrivate Property
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A report reveals that more young Singaporeans between the ages of 26 and 35 are buying new private property, attributed to rising incomes and young buyers wanting to get around age and income limits to get new public flats.

Ms Chen Min, 23, recalled slogging her way through 2023 by juggling multiple part-time jobs and her bakery business, just so she could afford to buy a one-bedroom shoebox condominium apartment that was not meant for her own living purposes.

A real estate expert noted that property prices have risen in tandem with income as well, so there are other reasons driving this trend.

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Singapore Young Buyers Private Property Rising Incomes Public Flats

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