SINGAPORE: The surge in home rents appears to be slowing amid a"growing disparity" in expectations, with tenants resisting increases and landlords reluctant to lower prices in the face of rising costs.
Ms Sun said she has observed a “growing disparity between tenant and landlord expectations” amid eye-watering rent prices that made the headlines last year. But Ms Sun pointed out that landlords are facing increasing costs stemming from higher maintenance fees, property taxes and mortgage payments. One landlord of a condominium unit in Tanah Merah said he had no choice but to raise his rental rate. The increase, from S$3,200 to S$4,300 a month, was just enough to cover his higher mortgage payments, Mr Wilfred Wong said.
Some have moved to cheaper locations such as suburban areas or selected more affordable housing options like HDB flats instead of accepting higher rents.Rents in the Outside Central Region saw the highest increase of 4 per cent month-on-month in February, according to the SRX and 99.co figures. Rents in the Core Central Region rose by 3.6 per cent and by 3 per cent in the Rest of Central Region.
They had been leasing out their former home to finance the rental of the bigger unit, but have since sold the unit.
these rediculous rentals MUST come down.
This is a sign of recession. It's just round the corner.
之前是因為受到新冠疫情才給那麼多優惠，現在疫情過了，還有什麼藉口跟外國投資家說呢？以後再也沒有外國投資家敢來投資房產了！新加坡房產信譽就是掃地了！
那些公寓如果租金收益無法達到4-6%，就是開發商違背他們的承諾，也就是傷害到外國人的投資，開發商就會被外國投資家起訴了。
幾百萬公寓多數是外國人的投資的，而且開發商承諾給4-6%的每年租金回報的，怎麼會便宜？
新的公寓更貴！
公寓租金很貴了！
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