Why Are $2M Homes Selling Fast in Singapore? Here’s What’s Really Happening

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Are you wondering why suburban condos are now selling for over $2 million? In this video, I break down the hidden data behind Singapore's property surge that the media isn't showing you.

Five years ago, I passed on a 5-bedroom Treasure at Tampines unit for $2 million because it seemed too expensive. Fast forward to today, and buyers are spending $3-5 million in Tampines North without hesitation. What changed?

Our analysis reveals the household income and wealth data that explains exactly why these prices aren't just sustainable – they're likely to keep climbing. I'll share with you:
• The real supply-demand dynamics driving the market
• How Singapore's household income by decile translates to property affordability
• Why approximately 400,000 households can afford $2M+ properties
• The $600 billion in liquid cash Singaporeans are holding• Forward projections that indicate where prices are headed next

If you're an investor, upgrader, or simply curious about property trends, this data-backed analysis will help you understand market fundamentals beyond the headlines.

Let me break down the numbers for you and show you exactly what's happening – and what it means for your property decisions going forward.

Comment, like, subscribe and let's navigate this property market together!
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TIMESTAMPS

0:00 Start
0:42 New Home Sales February Data
6:15 Parktown Units Selling Above $2M
10:08 Singapore Household Resident Income by Decile Breakdown
14:21 Singapore Household Balance Sheet Analysis
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