Huttons' comments on SRX's condo and HDB rental (Oct 2021) | Huttons Group

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Huttons’ comments on SRX’s condo and HDB rental (Oct 2021)

The rental market are by and large renewals of existing leases. Without incremental demand, volume will remain at current levels in 2021.

While the VTL air link with Malaysia is welcomed, the eventual opening of the land link may not be good news for the rental market in the long run. An estimated 100,000 Malaysians are renting in Singapore and with travel gradually resuming, this demand pool will slowly reduce.