Sayonara crazy home rentals

IN RECENT times, many foreigners have been complaining loudly about high home rentals here. Some have moved homes because the rental rate for lease renewal is simply unaffordable.

In a survey of prime residential rents across 10 major cities, Singapore pushed New York off the top spot for the strongest growth in residential rents in the last quarter of 2022.

Renting of public and private homes are largely left to negotiations between landlords and tenants, with little external interference.