From what I have heard and read, Singapore PR doesn't have much for time requirements in terms of when you can apply. Its open for anyone there on a work pass. Approval is based on a wide range of evaluation criteria (length of time there, family ties, job skills, ability to contribute, education background, your age [younger is better], etc).
The island is suffering from the same problem that is found in Japan. The country's population is shifting towards age imbalance with too many people aging and the younger generation not having enough kids. So, besides providing incentives for locals to have more kids, the PR program is set up to help bring in younger people who can contribute economically.
One thing to note, PR's may be required to serve in national service. This may vary depending on the type of PR path you take and other factors.
Reference 1
Reference 2
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