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Rental prices in Singapore surpass Hong Kong, the world's most expensive housing market - Singapore News

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The rise in rental prices could curtail Singapore's advantage in luring global talent.

SINGAPORE: The South China Morning Post reported on Sunday that the average rental price for homes in Singapore has surpassed that of Hong Kong.

It is worth noting that Hong Kong has long been known for its high real estate prices, and in a 2019 report by Business Insider, it was ranked as the most expensive city to rent a 2-bedroom apartment, with Singapore coming in 12th.

 

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