SINGAPORE – Assets has lengthy been found as a pot of gold for Singapore buyers, but a new DBS analyze that arrived out on Tuesday (Oct 12) demonstrates that in the long term, it may possibly not be the treasure trove it utilized to be. This is specifically as new properties are smaller and extra expensive as property selling price growth outpaces cash flow expansion. Residence analyst Derek Tan from DBS Group Exploration explained to reporters in a media briefing that the residence price-to-income ratio is projected to strike a multi-calendar year high as houses will price 15 times the annual pay of a median-income family. This usually means that a loved…