Singapore’s red-hot rental market shows no signs of abating, with both the condo and HDB rental indices continuing to rise since July 2020.
So what does that mean for tenants looking to rent? Could this be an opportunity for aspiring landlords to enter the market?
On Powering Your Property, Prime Time's Timothy Go and Bharati Jagdish speak with Nicholas Mak, Head of Research and Consultancy, ERA Realty for his outlook on the residential property market as we edge closer to the end of the year.
Highlights from the conversation:
00:48: How much higher could rents go?
02:22: How will the increase in rents impact tenants and foreigners coming into Singapore?
04:28: Is there a limit to how bullish the rental market can get?
05:43: Should Singapore consider rent control as a short-term measure?
06:58: Does it make sense to buy an investment property to capitalise on high housing rents in 2022?

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