These days, the immigration criteria is less stringent. So long
as you have worked here for 1 year, you fit the bill, they will
grant you resident status. This is due to our deperado government
touting for new residents to increase the population to 6
million.
Spoke to one of my mainlander friend some time back, she was saying
these days the Singapore permanent resident status is no longer
valuable like the past, because it's so easy to get permanent
residence.
The drastic increase in population resulted in an imbalance of
housing, which resulted in large increases in housing prices.