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

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.

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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'. Print Edition | Subscribe