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Highest Singapore Rents in Six Years Fuel Expat Housing Woes

  • Growth may sharpen if supply falls further, central bank warns
  • Expatriates hardest hit as they don’t have many alternatives
Updated on

Singapore residents bemoaning expensive home prices now have something else to worry about: rising rents. 

Rents have jumped to a six-year high, and analysts anticipate further increases as demand outweighs supply. That’s adding to costs for residents of the financial hub, especially expatriates, at a time when inflationary pressures are building.