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04-04-2016, 06:40 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
Demand and supply
With fewer jobs being created, there has been a relatively lesser influx of expatriates moving to Singapore, which has caused a fluctuation in demand and supply. Expatriates whose jobs have been affected, have also moved out of Singapore. This has led to an increase in supply of homes and less demand for them, thereby reducing rents. Adding to this is the slew of stringent cooling measures by the government to prevent a property bubble here, which impacts the rental market.
https://sg.finance.yahoo.com/news/sh...5--sector.html (https://sg.finance.yahoo.com/news/shifting-demand-supply-trends-singapore-rental-market-060547145--sector.html)
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?227652-demise-of-the-rental-market&goto=newpost).
Demand and supply
With fewer jobs being created, there has been a relatively lesser influx of expatriates moving to Singapore, which has caused a fluctuation in demand and supply. Expatriates whose jobs have been affected, have also moved out of Singapore. This has led to an increase in supply of homes and less demand for them, thereby reducing rents. Adding to this is the slew of stringent cooling measures by the government to prevent a property bubble here, which impacts the rental market.
https://sg.finance.yahoo.com/news/sh...5--sector.html (https://sg.finance.yahoo.com/news/shifting-demand-supply-trends-singapore-rental-market-060547145--sector.html)
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?227652-demise-of-the-rental-market&goto=newpost).