Tenants in Singapore may have upper hand in 2025 as leasing market cools

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Tenants in Singapore may have upper hand in 2025 as leasing market cools - Business Standard

Quick Summary:

Unmet demand for public housing, which accommodates 80 per cent of the population, spilled over into condo rentals.

Unless Singapore developers lose their nerve and release too many more units, rents won’t crash. Disclaimer: This is a Bloomberg Opinion piece, and these are the personal opinions of the writer.

According to data released Friday, 738 new private units were sold in October, an 84 per cent jump over the previous month, and the most since last November.