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Relationship between Singapore HDB Rental prices and GDP

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ChngYuanLongRandy/SGHDBRental-

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Singapore HDB rent prices vs GDP

I wanted to find out the main driving factor behind HDB prices and seeing that HDB resale prices is pretty much done to death (in my opinion at least), I see what can possibly be uncovered by taking a look at Singapore's HDB rent prices and its possible relationship to the country's GDP.

Sources

Data can be found from https://data.gov.sg/

  • gross-domestic-product-in-chained-2015-dollars-year-on-year-growth-rate-quarterly.csv
  • median-rent-by-town-and-flat-type.csv

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Relationship between Singapore HDB Rental prices and GDP

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