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Why is Singapore property rental price coming down?

Why is Singapore property rental price coming down?

omghaha 61 0 Likes 01/09/24

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Singapore's property rental prices are declining due to a combination of increased supply from new residential developments and a cooling demand as some expatriates return to their home countries post-COVID. Additionally, rising interest rates have led to higher costs of living, causing renters to reassess their housing budgets. Socioeconomic shifts, such as changes in work arrangements and higher housing affordability concerns, are also contributing factors.

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