Malaysia travel restrictions may fuel short-term demand for budget hotels
But rental market is unlikely to see a significant spike in demand from Malaysia's two week movement control order
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Singapore
SINGAPORE'S rental market is unlikely to see a significant spike in demand from Malaysia's two week movement control order, but budget hotels could see a short-term bump in demand, say market watchers.
With Malaysia restricting movement nationwide until March 31, some Malaysians who commute daily to work in Singapore are choosing to stay here so that their wages are not impacted.
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