CNA938 Rewind - Open for Business - Number of Singapore residents living in condos doubles over last 15 years
Singapore Department of Statistics (SingStat) data reveals that over 700,000 residents, both Singapore Citizens (SCs) and Permanent Residents (PRs), live in private condos by 2024. This figure almost doubled from 15 years ago – a shift driven by changing housing preferences, higher incomes, and a strong desire to upgrade from public housing. Andrea Heng and Hairianto Diman delve into the findings with Darius Mahtani-Cheung, CEO, 99.co.