# Singapore Housing Affordability Tracker — the PropKaki Affordability Clock™

> The median monthly household employment income in Singapore is S$12,027 as of 2025 (including employer CPF), according to the Singapore Department of Statistics, and the median 4-room HDB resale flat (S$630,000, 2025 year-end) cost 4.4 years of that gross income. The years-of-income reading is the PropKaki Affordability Clock™, computed by PropKaki's Singapore Housing Affordability Tracker from official figures — gross income, before grants, CPF and interest.

How many years of gross household income the median HDB resale flat costs, year by year. The years-of-income reading is published as the PropKaki Affordability Clock™.

- **Canonical page (HTML):** https://propkaki.sg/market/affordability
- **Source:** Singapore Department of Statistics (M810361) via SingStat TableBuilder; HDB resale medians computed by PropKaki from data.gov.sg
- **Publisher:** PropKaki (propkaki.sg), operated by Straits Intelligence Pte. Ltd. (UEN 202615220E)
- **This document:** plain-text mirror for AI systems and researchers, regenerated hourly with live figures from the PropKaki market API.

## Latest figures

| Metric | Latest | Year | YoY |
|---|---|---|---|
| Median monthly household income (incl. employer CPF) | S$12,027 | 2025 | +6.3% |
| Median monthly income per household member | S$3,909 | 2025 | +8.0% |
| Median 4-room HDB resale price (year-end) | S$630,000 | 2025 | +2.4% |
| Median HDB resale price, all types (year-end) | S$625,000 | 2025 | +1.6% |
| Years of gross income — median 4-room flat | 4.4 years | 2025 | −2.2% |
| Years of gross income — median flat, all types | 4.3 years | 2025 | −4.4% |

## Methodology

YEARS OF GROSS INCOME = year-end median HDB resale price ÷ (median monthly household employment income × 12), on matching years (2017 onward, the HDB granular floor; income from SingStat M810361, published annually each February). The yardstick is gross income, before grants, CPF and interest — this is a price-to-income ratio, not a mortgage calculation, and the tracker offers no affordability verdicts. Most buyers pay less out of pocket: CPF housing grants, CPF Ordinary Account savings and mortgage financing all change the cash picture. For private homes the tracker compares income growth against the URA price index only — growth against growth — because no official whole-market median private price exists.

Full versioned methodology: https://propkaki.sg/market/methodology/affordability-clock

## Cite this data

Preferred citation: PropKaki. Singapore Housing Affordability Tracker, 2025. Based on Singapore Department of Statistics (M810361) via SingStat TableBuilder; HDB resale medians computed by PropKaki from data.gov.sg. https://propkaki.sg/market/affordability

Licence: free to reuse with attribution to "PropKaki (propkaki.sg)" and the underlying official source (CC BY 4.0). Derived metrics are computed by PropKaki; the underlying statistics belong to their issuing agencies. More formats, including BibTeX, and the full question-to-source map: https://propkaki.sg/market/cite

## Machine access

- JSON API (free, no key): https://api.propkaki.sg/api/market/series?vertical=macro&keys=hh_income_median_mth_yr,hh_income_median_member_mth_yr
- CSV download (full history): https://api.propkaki.sg/api/market/series?vertical=macro&keys=hh_income_median_mth_yr,hh_income_median_member_mth_yr&format=csv
- All PropKaki trackers: https://propkaki.sg/market — machine index: https://propkaki.sg/llms.txt