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Market Strength

Are households financially strong enough to keep carrying — and buying — property?

What Singapore households own set against what they owe, quarter by quarter — cash, CPF and financial assets stacked against total debt.

2 charts · SingStat

Click the i icon on any chart to see what it shows and why it's in the report.

Household CPF + cash vs debt

What does this chart do? What it shows Households’ liquid and CPF assets (currency, deposits and CPF balances) set against their total liabilities over time. Why it's in the report A large cash and CPF buffer relative to debt shows households can absorb rate rises and income shocks without distress selling. Toggle full width Full screen Export as image

Source: Household Sector Balance Sheet, SingStat

Financial assets vs debt

What does this chart do? What it shows Total household financial assets versus total household debt for the whole resident sector (aggregate totals, not per-capita). Why it's in the report Financial assets far exceeding debt means the household sector is a net creditor, not over-borrowed. Toggle full width Full screen Export as image

Totals for the household sector (not per-capita).

Source: Household Sector Balance Sheet, SingStat

Disclaimer: The property transaction and rental data displayed on SellMyHouse.sg are aggregated from publicly available sources (including data.gov.sg and URA) and are intended for general informational and educational purposes only. While we strive to keep the information updated and accurate, SellMyHouse.sg makes no representations or warranties of any kind, express or implied, regarding the completeness, accuracy, reliability, or suitability of the data. These figures are indicative estimates derived from publicly available data — not a formal valuation or financial advice.

Any property estimates, historical trends, or calculated averages shown are automated approximations and do not constitute formal valuations, financial, legal, or real estate advice. Users should independently verify all transaction details and consult with a licensed real estate professional or qualified advisor before making any financial decisions or property commitments. SellMyHouse.sg shall not be held liable for any loss or damage arising from the use of or reliance on this information.

The other four questions

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Prices through the Asian Financial Crisis, SARS, the global financial crisis and Covid. What fell, how far, and how long recovery took. 2 charts · URA, HDB and SingStat

How deep and capable is the pool of buyers driving demand?

Who is able to buy: household income by decile and what each decile can borrow, the housing stock by dwelling type, new-launch and resale transaction volumes, and the flats reaching MOP each year. 6 charts · SingStat, URA, HDB and MAS

How scarce is the supply of land and new homes?

Unsold private housing inventory by market segment and launch status, and government land sales on the Confirmed and Reserve Lists. 4 charts · URA and HDB

Do rental returns still reward owning Singapore property?

Rents against the rental index, vacancy, gross yields on HDB and condo, and where SORA sits against them. 4 charts · URA, HDB and MAS