In the face of high home rentals, consider growing a build-to-rent segment
PROPERTY tax rates have risen for residential landlords. Borrowing costs are escalating for many homeowners.
Low-risk alternatives to investing in homes such as Singapore dollar fixed deposits, treasury bills and Singapore Savings Bonds are looking more attractive with higher interest rates offered.
However, residential landlords here are buoyed by rapidly rising rental rates. Based on the Urban Redevelopment Authority’s data, private home rentals jumped 29.7 per cent in 2022, after rising by 9.9 per cent in 2021.
Rentals also increased for Housing and Development Board (HDB) flats. Based on HDB’s data on approved applications to rent out HDB flats, t…
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