Renting a home in Singapore has never been this expensive
Rents for Singapore's private apartments and Housing Development Board flats surged to record highs last month and expectations are that they will keep rising.![]()
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Condo rents climbed 2.3% in April from March to surpass their previous peak reached in January 2013. HDB flat rents increased 1.9% to exceed the record set in August 2013 according to data released by real estate portals 99.co and SRX Property.
The upward trend is likely to continue as Singapore reopens its border and work relocations increase.
Rental prices for private apartments have risen for 16 straight months, with a 15% yoy increase in April. Rents for HDB flats have climbed for 22 months, gaining 14% from a year ago in April.
How much is your rent? Do you pay more for your apartment this year?
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TWK93 : It’s true
Menaka : Sad truth
JY-飞仔 : Singapore's reopening means more Malaysian is going back to stay at Johor Bahru.
Kylow : It's too expensive to rent a house for 2800. On average, six people earn 35% of their salary.
Speedy 678 : Studio here more expensive than Milan
MONDAY86 : Everything goes up,
, but salary doesn't go up 
.
Jackkdstepthai : Is true, I have recently rented my Shenton Way condo @ $4k. Previously was $3200 LOL
eXeQzaLie : Good news to landlords
TCCZZZ : It’s true. Property prices is increasing at a relentless pace. Parents should teach their children to grow money instead of spend money. $1 million BTO flat will surface within the next 10 years ?
102985301 JY-飞仔: true.
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