Asked by Anonymous
Are rental prices going down in singapore?
163 views
2 Answers
Hi there!
Unfortunately not. Due to the pandemic, there were delays to the completion of new housing developments in 2020 and 2021. Homebuyers who were waiting for their homes to complete were left stranded, so they've turned to rental units while waiting for their homes to complete. This drove up rental prices in the past 2 years and while construction has now resumed, the developments are not completed yet. Savvier landlords who might want to lock-in the current high rental prices will want to encourage longer leases as well, so you may not see as many units with 6-month or 1-year leases.
Feel free to contact me for more insights.
Warm Regards
Lucas Chiew
Marketing Executive (CEA Reg. R064157I)
PropNex Realty Pte Ltd
Mobile: (65) 8322 6642
Email: findme@lucaschiew.com Read More
Unfortunately not. Due to the pandemic, there were delays to the completion of new housing developments in 2020 and 2021. Homebuyers who were waiting for their homes to complete were left stranded, so they've turned to rental units while waiting for their homes to complete. This drove up rental prices in the past 2 years and while construction has now resumed, the developments are not completed yet. Savvier landlords who might want to lock-in the current high rental prices will want to encourage longer leases as well, so you may not see as many units with 6-month or 1-year leases.
Feel free to contact me for more insights.
Warm Regards
Lucas Chiew
Marketing Executive (CEA Reg. R064157I)
PropNex Realty Pte Ltd
Mobile: (65) 8322 6642
Email: findme@lucaschiew.com Read More
Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.
If you are currently or planning to find a property agent, I can assist.
If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .
https://www.era.com.sg/R064892F
If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.
Landon Chew
97 39 60 40
landonchew@email.com Read More
If you are currently or planning to find a property agent, I can assist.
If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .
https://www.era.com.sg/R064892F
If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.
Landon Chew
97 39 60 40
landonchew@email.com Read More
1