26 Feb '15, 7am

Singapore Rent trends in 2015: What you need to know #Singapour

Comment E-mail to friend Bookmark & Share Cooling measures and loan restrictions have definitely placed a damper on sentiments in various segments of Singapore’s property market. Leasing demand for public and private housing is no exception. Here are some trends that are expected to appear in the rental market in 2015: 1) Record number of private home completions 2) Preference for HDB owners to rent instead of sell 3) Selectivity of expat tenants and PRs in choice of residence 4) Proximity to offices and businesses Record number of private home completions Private housing completions will not be showing signs of abating with the projected number of unit completions reaching 17,138 in 2014, higher than the 13,150 units in 2013 and 10,329 units in 2012. This pace is projected to accelerate further to 21,738 units in 2015 and 26,252 units in 2016, most of which will be locate...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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