March sees jump in demand for rental apartments and HDB flats, likely due to Covid-19

Rental-mkt-rose-March
Rental-mkt-rose-March2020

Source: https://www.straitstimes.com/business/property/march-sees-jump-in-demand-for-rental-apartments-hdb-flats-likely-due-to

Sengkang Grand Residences

The increase in rental demand could be due to existing tenants renewing their leases as they were reluctant to look for new places, while a certain number could be because of people who have returned from overseas and needed a place to stay to complete the stay home notice.

There were also some Malaysian workers who rushed to rent a unit before the circuit breaker measures started in Singapore.

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