What kind of home could you afford with S$1 million in Singapore? Tokyo? San Francisco? For a rare few, these questions may be part of their reality. For the rest of us, it can be fun to daydream about purchasing a nice flat in one of these international hubs.

What Kind of Home Does S$1 Million Afford You in Singapore?

Singapore condo within S$1 million price range (stproperty)

S$1 million will easily cover the cost of most new and resale HDB flats in Singapore. The median price of HDB resale flats in every neighborhood is below S$1,000,000, so prospective homebuyers could afford a comfortable residence in even the most expensive areas of Singapore. For example, the median resale price of a 4-room HDB even in Central was S$850,000 in the early months of 2018.

Individuals with this much money to spend on a home in Singapore might …