Dual-Income Couples With No Children Still Keen on Private Property — PropertyGuru Survey 2026

The survey polled 2,000 Singaporeans and permanent residents in November and December 2025. Among dual-income couples with no children aged 30 and above with a combined monthly income of at least S$10,000, four in 10 of those looking to buy a private home preferred new condominium units. For half of these couples, potential gains in property value were a key consideration.

The breakdown of preferred property types tells a clear story: private apartments and condominiums topped the list at 44 per cent, followed by HDB 4-room flats at 26 per cent, HDB 1-3 room flats at 13 per cent, HDB 5-room flats at 9 per cent, executive condominiums at 4 per cent, and landed property (terraces, semi-detached, and bungalows) at 3 per cent.

Property experts say the appeal is understandable — when a couple’s combined income exceeds the S$14,000 ceiling for a new HDB flat, private property becomes the natural next step. With current low interest rates making mortgages more affordable, many dual-income couples with no children view property as both a home and a long-term investment.

Access to lifestyle facilities is a major draw. One buyer profiled in the survey noted that the absence of amenities like swimming pools near his HDB flat was a key motivator for upgrading to a condominium in the Katong and Siglap areas. Current low interest rates have also made the price gap between HDB and private housing feel more manageable.

For dual-income couples with no children with higher disposable income and no childcare expenses, the financial profile is particularly suited to condo ownership. ERA Singapore’s Eugene Lim has observed that when a couple’s combined income exceeds the BTO ceiling, buying new becomes especially appealing — on one hand, they can enjoy a comfortable home, and on the other, they can accumulate wealth over time through capital appreciation.

The median per square foot price for new condo launches has surged from S$1,694 in 2020 to S$2,572 in 2025. Despite this, dual-income couples with no children appear willing to pay a premium for the right location and lifestyle package, viewing it as a long-term play rather than a short-term expense.

The survey also highlighted a growing trend among higher-income singles. Four out of 10 singles aged 30 to 34 with monthly incomes of at least S$10,000 said they were interested in private property, particularly two- and three-bedroom condo units.

Between 2019 and 2024, the proportion of singles rose across nearly all age groups for both men and women. Among those aged 30 to 34, 37.5 per cent of women and 47 per cent of men remained single. This demographic shift is creating a distinct buyer segment with specific preferences — they value flexibility, central locations, and the option to rent out a bedroom if needed.

The survey noted that singles have begun re-entering the property market as interest rates have fallen, after a period of heightened caution during the second half of 2023 when high rates and inflation pressures kept many on the sidelines.

In the suburban Outside Central Region, median psf prices for new condo launches stood at S$2,254 in 2025, making two-bedroom units in the S$1.4 million range an increasingly popular entry point for both singles and young couples.