Singapore Apartment Rents Soar 31% With Further Gains to Come
- Private apartment rents up 31% in year through September
- A shortage of home supply could push more people to rent
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Singapore’s rental market could get even hotter due to the latest property curbs and a tightening housing supply.
Rents for private apartments have soared nearly 31% by September compared with a year ago, jumping for 21 consecutive months, according to data from real estate portals 99.co and SRX.