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In the face of high home rentals, consider growing a build-to-rent segment

Leslie Yee

Leslie Yee

Published Mon, Mar 20, 2023 · 02:32 PM
    • While there are negative effects of higher home rentals, heavy intervention to cool rising rentals may not be needed.
    • While there are negative effects of higher home rentals, heavy intervention to cool rising rentals may not be needed. PHOTO: BT FILE

    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.

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    Singapore residential propertyResidentialResidential propertySingapore propertyRentsThe Level GroundSpotlight

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