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Overseas relocation mainly from Hong Kong caused the increase.
The average monthly rent for expatriates in Singapore rose 1.4% to $6,069/month (US$4,233) from last year, according to a study by ECA International. This increase is said to be the first one posted in the last five years.
Freshest Property News from Singapore
- Chart of the Day: Malaysian buyers snagged fewer condos in emerging districts
- Private condo prices down 0.5% in Q1: URA
- Analysts predict up to 8% full-year drop in private home prices
- Tenants need ‘unprecedented’ rent relief amid COVID-19 outbreak, say retail and F&B groups
- SPH REIT becomes latest casualty of analyst downgrades as Covid-19 risks persist
Interesting Stories Related Singapore
- Double the usual GST Vouchers for 940,000 HDB households
- Help for SME retailers to start selling online
- HDB closes Bukit Merah branch office after second employee tests positive for Covid-19
- Find all you need at FairPrice Xtra, with new monthly Hyper Catalogue
- Legislative action may be taken to make sure landlords pass on rebates to tenants, says DPM Heng
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- 16 Creative Ways to Use Wallpaper in the Kitchen
Color Trends - Mustard
- COLOR OF THE MONTH | Mustard yellow: from Milan with Love
- Mustard interiors are hot right now:how to decorate your home with this season's boldest shade
- Home Decorating Trends 2020 – Mustard Yellow!
- Mustard Yellow: Going Big and Bold or Just a Hint of Heat
- How to Design with Mustard Yellow like an Interior Decorator
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About Agent.sg Daily Property News Selection
Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.
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