The rental markets for both HDB flats and private condos seem to gained from the easing of border controls, and more Vaccinated Travel Lanes being set up.
Both rental prices and volume have increased in October as compared to September.
"The reopening of our borders and more VTLs seem to have benefited the rental markets for both the HDB and private segments," said Ms Sun. "More Singaporeans, permanent residents and foreigners have been returning over the past weeks which may have spurred rental demand."
Ms Sun added that more Singaporeans have also been renting after selling their flats or private properties in recent months to cash in on the buoyant market and rising prices.