Singapore, 15 Dec 2021 Singapore's rental market could see some growth as border restrictions are loosened and Vaccinated Travel Lanes (VTLs) are formed with more countries.
In November, both rental prices and volumes for private condos and HDB flats increased compared to October, according to flash data from SRX Property and 99.co.
"Although border rules were tightened after the emergence of the Covid-19 variant Omicron, the overall increased connectivity with the various countries still benefited the rental market," said Christine Sun, senior vice-president of research and analytics at OrangeTee & Tie.