Wealth Tracker: Why more dual-income, no-kids households are turning to private property

Singapore’s private housing market is hitting new highs, but the buyers driving this surge might surprise you.  Demand remains resilient, fuelled in part by a growing group known as DINKs—dual-income couples with no kids—who have both the financial flexibility and appetite to upgrade. According to a recent survey by PropertyGuru, many of these higher-income households are planning to enter the market within the next 12 to 18 months. So what does this mean for the future of Singapore’s property market? Are DINKs becoming the new backbone of demand? And if so, how sustainable is this trend? On Wealth Tracker, Hongbin Jeong speaks with Nicholas Mak, Chief Research Officer, mogul.sg, to find out more.See omnystudio.com/listener for privacy information.