by OrangeTee & Tie Pte Ltd.

How did Covid-19 Impact on The Real Estate in Singapore?



Singapore, 25 May 2021

Coronavirus is likely to leave the country scene in Singapore along a course of destruction. Home market exercises were reduced by stricter frontier regulation, tighter safe removal steps, and the implementation of the electric switch in particular. The home rental business probably won’t be as attractive as it is. How is Covid-19 going to affect the rental market at that point? Before the outbreak, the rental market in Singapore was warm with an increased flood of unknown experts. In 2019 – 3,200 more than in 2018, a total of 189,000 Employment Passes were endorsed in the light of recent information supplied by the Minister for Work (MOM).

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