Singapore Private home rents may wobble but won’t crash

Singapore Private home rents may wobble but wont crash Fears of their decline next year may be somewhat exaggerated By UMA SHANKARI (SINGAPORE) Recent media reports predicting that private home rents will take a steep dive next year are certainly alarming. But a closer look at the numbers suggests that they may not take such a beating after all. Last week, CB Richard Ellis (CBRE) said that it expects rents to fall by 5-10 per cent on average next year. In the prime areas, rents could slide by u....

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