Share your opinion about this

Like
Comment
Favorite

Xkuanx
2023-12-20

Share your opinion about this news…

Singapore Raises Rental Occupancy Cap to Meet High Demand

Singapore will allow more tenants to occupy a single property under a temporary two-year measure to meet higher rental demand in the financial hub.Starting next year, larger public and private residential properties will be allowed to house up to eight unrelated persons from the current cap of six, Minister for National Development Desmond Lee said in a Facebook post on Wednesday.Rents in the city-state have surged since the pandemic, largely due to strong demand amid Covid-19 construction delay

Singapore Raises Rental Occupancy Cap to Meet High Demand

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":254014922162216,"tweetId":"254014922162216","gmtCreate":1703051999588,"gmtModify":1703052004298,"author":{"id":3572907325602131,"idStr":"3572907325602131","authorId":3572907325602131,"authorIdStr":"3572907325602131","name":"Xkuanx","avatar":"https://static.tigerbbs.com/e90936aad3336fa7f5cc5bc70cbab1fc","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":57,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Share your opinion about this news…</p></body></html>","htmlText":"<html><head></head><body><p>Share your opinion about this news…</p></body></html>","text":"Share your opinion about this news…","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/254014922162216","repostId":1163836111,"repostType":4,"repost":{"id":"1163836111","kind":"news","pubTimestamp":1703048542,"share":"https://www.laohu8.com/m/news/1163836111?lang=&edition=full","pubTime":"2023-12-20 13:02","market":"sg","language":"en","title":"Singapore Raises Rental Occupancy Cap to Meet High Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1163836111","media":"Bloomberg","summary":"Singapore will allow more tenants to occupy a single property under a temporary two-year measure to meet higher rental demand in the financial hub.Starting next year, larger public and private residential properties will be allowed to house up to eight unrelated persons from the current cap of six, Minister for National Development Desmond Lee said in a Facebook post on Wednesday.Rents in the city-state have surged since the pandemic, largely due to strong demand amid Covid-19 construction delay","content":"<html><head></head><body><p>Singapore will allow more tenants to occupy a single property under a temporary two-year measure to meet higher rental demand in the financial hub.</p><p style=\"text-align: start;\">Starting next year, larger public and private residential properties will be allowed to house up to eight unrelated persons from the current cap of six, Minister for National Development Desmond Lee said in a Facebook post on Wednesday.</p><p style=\"text-align: start;\">Rents in the city-state have surged since the pandemic, largely due to strong demand amid Covid-19 construction delays, Lee said. The government has committed to ramp up housing supply, with close to 100,000 homes expected to be completed by 2025.</p><p>The momentum in rental price rises has moderated and demand is expected to be restrained by high interest rates and moderation in wage growth, the country’s central bank said last month.</p><p style=\"text-align: start;\">Still, Lee anticipates the need to maintain a healthy rental supply for buyers waiting to move into their new homes and foreigners who work and study in the city-state.</p><p style=\"text-align: start;\">The new measures will only apply to four-bedroom apartments or larger, Lee said. Singapore will review the need to extend the temporary rules in end-2026.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Raises Rental Occupancy Cap to Meet High Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Raises Rental Occupancy Cap to Meet High Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-20 13:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-12-20/singapore-eases-rental-occupancy-rules-to-meet-high-demand?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore will allow more tenants to occupy a single property under a temporary two-year measure to meet higher rental demand in the financial hub.Starting next year, larger public and private ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-12-20/singapore-eases-rental-occupancy-rules-to-meet-high-demand?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-12-20/singapore-eases-rental-occupancy-rules-to-meet-high-demand?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163836111","content_text":"Singapore will allow more tenants to occupy a single property under a temporary two-year measure to meet higher rental demand in the financial hub.Starting next year, larger public and private residential properties will be allowed to house up to eight unrelated persons from the current cap of six, Minister for National Development Desmond Lee said in a Facebook post on Wednesday.Rents in the city-state have surged since the pandemic, largely due to strong demand amid Covid-19 construction delays, Lee said. The government has committed to ramp up housing supply, with close to 100,000 homes expected to be completed by 2025.The momentum in rental price rises has moderated and demand is expected to be restrained by high interest rates and moderation in wage growth, the country’s central bank said last month.Still, Lee anticipates the need to maintain a healthy rental supply for buyers waiting to move into their new homes and foreigners who work and study in the city-state.The new measures will only apply to four-bedroom apartments or larger, Lee said. Singapore will review the need to extend the temporary rules in end-2026.","news_type":1},"isVote":1,"tweetType":1,"viewCount":318,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":30,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}