Rentals for HDB and mass market private apartments are set to rise in the coming years, with more foreign workers heading for Singapore. Property agents expect rents to climb by about 10 percent this year. They say HDB flat-owners could gain from the spike in demand. Singapore’s two integrated resorts will be ready in the next two years. Besides attracting more tourists, they are also expected to...
Rental
The Singapore Land Authority (SLA) is offering another six residential state properties for rent. They comprise four bungalows and two semi-detached properties in Seletar, Sembawang and Lornie Road. They are being offered through an open bidding system from 16 February. The system is more transparent than the previous first-come-first-served procedure under the waiting list or balloting system. Bidders...
With the growing property rental market in Singapore, it may be time to look at more ways to protect the interests of both landlords and tenants. This was the opinion of some viewers who wrote in after a landlord was interviewed on Get Rea!, a Channel NewsAsia’s current affairs programme. In the Get Rea! episode, “Just Follow The Law”, it was a case of a Singaporean landlord living in Australia who...