S'pore couples with dual income & no kids aspire to purchase private property: PropertyGuru Survey

A new survey by PropertyGuru has revealed that employed couples with dual incomes and no kids, known as DINKs, still aspire to purchase private property despite rising housing prices.

One-third of this group said they were planning to buy a property in the next 12 to 19 months, of which 44 per cent were seeking to purchase condo units.

Four in 10 DINKs aged over 30 with a combined monthly income of at least S$10,000, looking to purchase a private home, prefer new condo units.

According to The Straits Times (ST), the annual survey was published on Apr. 20 based on collated responses from approximately 2,000 Singaporeans and permanent residents in November and December 2025.

The median price for new condo launches increased from S$1,694 per square foot in 2020 to S$2,572 per square foot in 2025, according to ST.

The suburban Outside Central Region's median new condo launch price is S$2,254 per square foot.

Singles

According to ST, the survey also found that four out of 10 singles aged 30 to 34 with an income of at least S$10,000 a month were interested in private properties, especially two or three-bedroom condo units.

54 per cent of singles aged 35 to 39, who earn at least S$10,000 a month, were also found to prefer four-room HDB flats.

Lim said that singles might want a more flexible living space, “should there be any changes in their relationship status or household composition in the longer term”.

The proportion of singles increased across all age groups for both men and women from 2019 to 2024.

Among those aged 30 to 34, 37.5 per cent of women and 47 per cent of men remained single.

Lower interest rates

Lower interest rates have allowed singles to re-enter the property market but still remain cautious, weighing trade-offs, price, timing and housing types.

According to ST, the survey also showed that in the second half of 2023, singles above the age of 35 showed heightened caution.

PropertyGuru said, “Many delayed purchases were due to high interest rates and inflation pressures. This was especially pronounced among singles, as [they are] more sensitive to financing costs and economic uncertainty.”

Top photo from Rasheed Kemy/Unsplash