Singapore Apartment Rental Prices in 2024: When will Singapore rental prices drop?

in #singapore • last year

The heated rental market in Singapore is showing some signs of cooling. The first inkling of a softer rental market can already be seen earlier in August this year, where private residential rents rose 2.8% in the second quarter of 2023. In September, the increase in the Singapore HDB rental prices was the lowest in almost 2 years. Now, with the latest figures from the Urban Redevelopment Authority (URA), the average rental prices in Singapore have softened further. As we head into the last quarter of 2023 and 2024, how will rental costs fare?

Find out more: https://www.metroresidences.com/sg/expat-life/housing/singapore-apartment-rental-prices-in-2024-when-will-singapore-rental-prices-drop/

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