The rate of citizen marriages in Singapore is getting lower. A brief report on the annual population release in September 2019 indicated 21,842 marriages as compared to 23,632 marriages in 2018. The rate is in fact, the lowest since 2013.
Where citizen births are concerned, there are 32,143 births in 2018 whereas there are 32,356 births in 2017. However, the total fertility rates fell.
There are more aged people in Singapore, as of June 2019, 16% of the citizen population are 65 years of age or older. This rate is expected to increase to around 23.7% in 2030.
The overall impact is having lesser big families and more small families and more singles. This is perhaps one of the drives for smaller residential units. Midtown Bay is one residential property who is getting ready for these trends with 1- and 2-bedroom and very limited 3 bedroom units.
Book An Appointment to view Midtown Bay ShowFlat & get VVIP Discounts (Limited Time), Direct Developer Price, & Hardcopy E-Brochure. Guaranteed with Best Price Possible.
Fill up the form on the right and get a copy of Midtown Bay Price, E-Brochure, and Latest Updates!
Strictly no spam policy.