According to figures from the The Urban Redevelopment Authority (URA), private residential property rentals in Singapore increased by 7.4% in the fourth quarter of 2022, compared with the 8.6% increase in the previous quarter. 

With the rise in supply of newly completed units expected in 2023, can this ease the high rental rates in the private residential leasing market?

Nicholas Mak, Head of Research & Consultancy, ERA Realty shares his insights on whether or not we can really expect rental prices to stabilise. 

According to figures from the The Urban Redevelopment Authority (URA), private residential property rentals in Singapore increased by 7.4% in the fourth quarter of 2022, compared with the 8.6% increase in the previous quarter. 
With the rise in supply of newly completed units expected in 2023, can this ease the high rental rates in the private residential leasing market?
Nicholas Mak, Head of Research &amp; Consultancy, ERA Realty shares his insights on whether or not we can really expect rental prices to stabilise.

From current affairs and social issues to lifestyle trends and community voices, each segment offers a different lens on what’s happening — and what’s worth your attention.

Start your day with the stories shaping Singapore — and your place in it.

Join Neil Humphreys and Audrey Siek as they cover the biggest headlines, trending topics, and everyday conversations, unpacked through fresh perspectives, expert insights, and engaging discussion. From current affairs and social issues to lifestyle trends and community voices, each segment offers a different lens on what’s happening — and what’s worth your attention.

And it’s not just talk — it’s your voice. Through polls, messages, and live call-ins, listeners are part of the conversation, sharing their views and shaping the discussion in real time. With a mix of clarity, curiosity, and personality, Let’s Talk, Singapore keeps you informed, connected, and ready for the day ahead.

Start your day with the stories shaping Singapore &mdash; and your place in it.
Join Neil Humphreys and Audrey Siek as they cover the biggest headlines, trending topics, and everyday conversations, unpacked through fresh perspectives, expert insights, and engaging discussion. From current affairs and social issues to lifestyle trends and community voices, each segment offers a different lens on what&rsquo;s happening &mdash; and what&rsquo;s worth your attention.
And it&rsquo;s not just talk &mdash; it&rsquo;s your voice. Through polls, messages, and live call-ins, listeners are part of the conversation, sharing their views and shaping the discussion in real time. With a mix of clarity, curiosity, and personality, Let&rsquo;s Talk, Singapore keeps you informed, connected, and ready for the day ahead.

Let's Talk, Singapore with Neil Humphreys and Audrey Siek

Why It Matters: Can ramped up housing supply ease prices in 2023?