Asked by Randel Lam
The RTS between SG and MY will be completed in 2026, and when it does, majority of Malaysians working here most likely will not be renting apartments here, since they can transit here and MY to-and-fro daily.
Doesn't this spell doom for the SG rental market in 2026 onwards? Seems like this is a disaster waiting to happen and I'm surprised there isn't any articles on this. Even assuming 1 ticket to SG costs $5 and 2 trips per day = $10, then assuming 26 days to-and-fro, that's only $260 per month, and it's far cheaper than renting even 1 bedroom here.
Is this still a good time to buy resale HDB solely for the purpose of renting out, or wait and see till 2026 if the rental market crashes. Seems very strange our government will sign this kind of deal since it'll cost them votes dearly. Less Malaysians living here = less $$$ for SG economy = earning here but spending all in Malaysia to maximize costs = serious repercussions for SG economy
Doesn't this spell doom for the SG rental market in 2026 onwards? Seems like this is a disaster waiting to happen and I'm surprised there isn't any articles on this. Even assuming 1 ticket to SG costs $5 and 2 trips per day = $10, then assuming 26 days to-and-fro, that's only $260 per month, and it's far cheaper than renting even 1 bedroom here.
Is this still a good time to buy resale HDB solely for the purpose of renting out, or wait and see till 2026 if the rental market crashes. Seems very strange our government will sign this kind of deal since it'll cost them votes dearly. Less Malaysians living here = less $$$ for SG economy = earning here but spending all in Malaysia to maximize costs = serious repercussions for SG economy
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