piermont grand showflat

Rich businessmen and ministers contributed to the increase of the average salaries. This trend results to a wide gap between the highest and lowest salaries, which made the mean salaries of the population a bit lower. In 2009, the average family income was $4,850 as reported by the Singstat. If the median incomes were sorted by type of property, the result would be a household income of $12,500 for private flats, condominiums, and private houses.

The result gives us an idea on piermont grand showflat the existence of considerable income disparity within Singapore. Most private condominium owners have a household income of approximately $12,500. If we lower the prices for private condominium to the average household income of the Singapore population, which is $8,000, this would produce a different real estate scenario.