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Factors driving up HDB rents and how to get the best deal when renting

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HDB rents shot up 27.7 per cent in February compared with a year earlier – a rate of increase not seen in 15 years.

HDB rents shot up 27.7 per cent in February compared with a year earlier – a rate of increase not seen in 15 years. January saw a similar rise of 27.6 per cent.

ST PHOTO: ONG WEE JIN

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Median rents across Housing Board towns in January and February were at least 20 per cent higher than in the same period last year, estimates by OrangeTee & Tie show. 

Overall, HDB rents shot up 27.7 per cent in February compared with a year earlier – a rate of increase not seen in 15 years. January recorded a similar rise of 27.6 per cent.

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