Who says Singapore's millennials live paycheck to paycheck? This study finds just the opposite

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SINGAPORE (June 22): Contrary to stereotypes of being paycheck spenders and short-term planners, millennials are the most likely generation in Singapore to be ahead of their peers in property investment in more ways than one.

This is according to HSBC’s Beyond the Bricks 2: The value of home global survey, which features views of more than 10,000 people across 10 countries and territories including 1,000 home owners and prospective home owners (intenders) in Singapore.

Its findings have highlighted the millennial segment, comprising those currently aged 21-36 years old, as the most likely among Singapore’s age groups to be multiple property owners and the quickest to save for housing deposits, with more than half (54%) already owning a home, and 24% of these people with multiple properties to their name... (Click here to read the full story)