In Singapore, the area with one of the highest home ownership rates is not specifically tied to a single district but is generally high across various residential areas. However, District 15, which includes areas like Meyer Road, Amber Road, Katong, Marine Parade, and Joo Chiat, is particularly notable for its high demand and ownership.
District 15 is highly sought after for both own-stay and investment purposes due to its prime location, which is close to the Central Business District (CBD) and Changi Airport, and its access to the Thomson-East Coast Line (TEL) MRT. Many residents in this district are long-term dwellers who prefer to stay in the area, contributing to a high ownership rate.
While specific ownership rates by district are not provided, the overall home ownership rate in Singapore is high, with about 90.8% of resident households living in owned rather than rental accommodation, indicating a strong preference for home ownership across the country.
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