Rent went up by more than 20 per cent last year, and is likely to increase by another 10 to 15 per cent this year
SINGAPORE: 2022 was a year when property prices, including rent, went up, and it does not look like 2023 will be any different.The uptick in rental prices looks to be driven by “resilient employment and household income” as well as Singapore’s ongoing post-pandemic economic recovery.
And while fewer housing units available meant lower home sales in December, there may some relief in sight, withBloomberg also referenced a recent YouGov poll that showed that affordable housing affordability and the cost of living are the top two issues respondents said they want the government to address.
“Why sg why?! Destroying the real economy while hoping the rich will fill in the gaps,” wrote a Redditor who posted the Bloomberg article.
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Soaring rents set to climb another 10-15% in Singapore in 2023A breakneck surge in residential rents hammered Singapore’s tenants with increases of about 21% in the first nine months of 2022 – and the pain looks set to continue this year.
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Netizen's thoughts on how salaries of Ministers in Singapore are calculated - Singapore NewsThe post had garnered over 200 comments, some of which were humorous.
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Davos 2023 - Citi CEO Fraser says China opening up is good news for the marketDAVOS, Switzerland : China's opening up is important for the world and there is good news from market friendly measures taken there, Citi Group's chief executive Jane Fraser told a panel at the World Economic Forum's (WEF) annual meeting on Wednesday.It is quite a volatile time in the world, Fraser said,
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Sri Lanka to cut recurrent budget expenditure by 6% in 2023COLOMBO: Sri Lanka's cabinet said on Tuesday (Jan 17) that it will cut its recurrent budget expenditure by 6% in 2023 as the country battles its worst financial crisis in seven decades and is seeking support from the International Monetary Fund (IMF). The cabinet also approved a proposal to delay salaries
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Australian Open 2023: order of play on WednesdayMELBOURNE : Order of play on the main showcourts on the third day of the Australian Open on Wednesday (prefix number denotes seeding):* Day session: From 11 a.m. local time (0000 GMT)* Night session: From 7 p.m. local time (0800 GMT)ROD LAVER ARENA1-Iga Swiatek (Poland) v Camila Osori
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First look: Desmond Tan conquers Milan and Paris Men’s Fashion WeekSee all the looks from the actor’s wardrobe at the fall/winter 2023 menswear shows.
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