For subscribers
Unsustainably high rents are a risk for landlords too
Stiffer external competition in the retail landscape should exert pressure on landlords to rein in prices.
Sign up now: Get ST's newsletters delivered to your inbox
A general practitioner offered more than $52,000 a month to rent a HDB shop space in Tampines earlier in 2025.
PHOTO: ST FILE
Sing Tien Foo
Follow topic:
When a general practitioner (GP) offered more than $52,000 a month to rent a small HDB shop space in Tampines earlier in 2025, it triggered outrage among Singaporeans, amid worries that the supernormal rent would be passed on to patients through higher medical bills.
At roughly $93 psf, the rate was almost three times the typical winning bids for GP clinics in new estates in recent years.

