Private residential houses and public housing estates are seen in the Hougang area of Singapore. Photo: Bloomberg
Private residential houses and public housing estates are seen in the Hougang area of Singapore. Photo: Bloomberg
Singapore

Singapore rents hit six-year high, as inflation fuels expatriate housing woes

  • Construction delays, returning homeowners, and an increased demand for space to work from home all reduced rental stock and pushed tenants into the market
  • This year alone, some units costing US$1,800 to US$2,900 per month have already seen rental growth of at least 10 per cent to 15 per cent, observers say

Topic |   Singapore
Private residential houses and public housing estates are seen in the Hougang area of Singapore. Photo: Bloomberg
Private residential houses and public housing estates are seen in the Hougang area of Singapore. Photo: Bloomberg
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