LSD.uck
This is from the same article. 25% of monthly income used for mortgage
"In pricing our flats, our principle has always been to keep homes within the reach of the majority of flat buyers. In 2006, the Additional CPF Housing Grant Scheme was introduced to help lower income families own their first homes. Since then, other grants have been put in place to help home buyers afford HDB flats. On average, buyers can expect to use less than a quarter of their monthly household income to pay for the mortgage instalment of their first flat, a figure lower than the international benchmarks for affordable housing."
