https://www.todayonline.com/singapo...ing-share-new-private-property-buyers-2349646
Over the span of the past nine years, the share of new private-home buyers aged 26 to 35 surged from 9 per cent of all new private-home sales in the country in 2015 to 35 per cent in 2023.
For those under 25 such as Ms Chen, they represent 3 per cent of all new private-home buyers last year. Before 2021, such a demographic group of young home buyers was virtually non-existent.
As a result, the median age of new private-home buyers has “distinctly exhibited a downward trend” — falling from 45 in 2015 to 39 in 2022 and 2023.
Over the span of the past nine years, the share of new private-home buyers aged 26 to 35 surged from 9 per cent of all new private-home sales in the country in 2015 to 35 per cent in 2023.
For those under 25 such as Ms Chen, they represent 3 per cent of all new private-home buyers last year. Before 2021, such a demographic group of young home buyers was virtually non-existent.
As a result, the median age of new private-home buyers has “distinctly exhibited a downward trend” — falling from 45 in 2015 to 39 in 2022 and 2023.