Condo, HDB rents up amid disruptions caused by pandemic
Renting patterns change with lease extensions and some moving out of family homes for space
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Disruptions arising from the pandemic have altered renting patterns and helped boost rents in the private and public housing markets in Singapore.
With vacancy low and the supply of new completed homes limited, rent growth has been supported by demand from foreigners extending their stay here or arriving amid travel restrictions, and anticipated delays in the building of new flats and private homes due to labour constraints.
