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Surge in rents

  • Writer: Shirley and Pamela
    Shirley and Pamela
  • Dec 16, 2022
  • 1 min read

Rentals of non-landed private properties rose by 8.6% in Q3— the sharpest surge since 2007. The HDB rental market saw a similar trend, with a 20.9% surge in rents.


This comes on the back of an increased demand for property rental. In addition to couples awaiting the completion of their new homes, the pivot towards flexible work arrangements has also encouraged some to opt for a space in line with their personal and working needs.


Worried about what the spike in rents means for your hunt for a new space? We’ll assist you with navigating the rental market. Contact us today!

 
 
 

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ABOUT US

Wonder Homes was started with an earnest ambition of helping homeowners through the processes of buying and selling of properties. Having been there and done that, Shirley and Pamela understand the frustration one is likely to feel when going through the transactions.

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The real estate consultancy duo constantly update themselves with the latest market trends, breaking down the facts and figures for their clients to aid in their decision making. Many that have engaged Shirley and Pamela would say they are sincere and only offers the best advice.

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