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March 24, 2024

Rental Recalibration – Navigating the Post-Covid Housing Shifts

Singapore's rental market is ready to turn over a new leaf. The 3rd and 4th quarters of 2023 saw a drastic drop in the rental increase index to a mere 0.8 and 2.7 percent, halting the relentless hikes for the past years and marking the start of rental moderation. In 2023, private home rentals grew 8.7 percent, a pretty humble leap, especially compared to the 29.7 percent jump in 2022. This...

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