Rents in Singapore hit three-year high as expat demand surges

Rents in Singapore hit three-year high as expat demand surges

The Edge Markets - World·2020-02-27 12:22

SINGAPORE (Feb 27): Residential rents in Singapore rose to a three-year high in 2019, with prices boosted by strong overseas demand that signals the city-state’s continuing appeal among expatriates.

Rents climbed 1.4% last year, according to real estate agency OrangeTee & Tie Pte, using data from the Urban Redevelopment Authority.

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