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09

Singapore Luxury Homes Most Affordable Among Global Peers: Chart

By Tony Seruga

Want a luxury home? Move to Singapore. The island’s prime residential homes are the most affordable among global cities after the city-state’s top-end housing prices dropped 20 percent in the past five years, according to Jones Lang LaSalle Inc. The average home-price-to-income ratio of 5.6 times in Singapore last year was several times lower than in places such as Hong Kong, Sydney and Tokyo…

Singapore Luxury Homes Most Affordable Among Global Peers: Chart

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