Fintech workers helping to prop up private rental market

Rents for private, non-landed homes last month increased by 0.6 per cent from the previous month. Meanwhile, Housing Board flat rents dipped 0.5 per cent from October.
Rents for private, non-landed homes last month increased by 0.6 per cent from the previous month. Meanwhile, Housing Board flat rents dipped 0.5 per cent from October. ST PHOTO: LIM YAOHUI
Grace Leong
Senior Business Correspondent
Updated
Dec 13, 2018, 06:32 AM
Published
Dec 13, 2018, 05:00 AM
New: Gift this subscriber-only story to your friends and family

More hiring in the fast-growing fintech services sector has been holding up the rents for condominiums and private apartments.

Rentals for HDB properties, however, slowed last month, according to flash data from real estate portal SRX.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

ST One Digital

 $9.90/month

No contract

ST app access on 1 mobile device

Subscribe now

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on December 13, 2018, with the headline Fintech workers helping to prop up private rental market. Subscribe

Available for
iPhones and iPads
Available in
Google Play

MCI (P) 066/10/2023. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2024 SPH Media Limited. All rights reserved.

Back to the top