Recently, Singapore pushed New York off the top spot for the strongest growth in residential rents in the last quarter of 2022, fuelled by a supply crunch and strong demand. According to a report by Knight Frank, annual rents jumped 28% in the quarter from a year earlier. New York followed with 19% growth. Can we expect more pain for tenants? Or will prices cool down soon? On Money in the Market, Hongbin Jeong speaks to Audrey Siek, Show Host and Producer at Ohmyhome to find out more about the current property market.