'I'm so exhausted': Tenants face hard choices as rents surge in Singapore
02-02-2023, 09:08 AM
02-02-2023, 09:23 AM
D9 and d15 still ok, rents only up by about 15%.
02-02-2023, 10:05 AM
What's CNA point of highlighting about FTs and PRs moaning about rent hikes? How about spending time to talk about inflation pains citizens are facing especially lower income... who are really suffering..
02-02-2023, 10:10 AM
02-02-2023, 10:14 AM
https://www.channelnewsasia.com/singapor...es-3245521
Ms Cecilia Li, a Singapore permanent resident who has studied and worked here since 2004, returned to China during the pandemic but decided to come back to Singapore for work in June last year.
In 2018, she paid S$450 a month to rent a room in Telok Blangah. Last year, she managed to get a room in Tiong Bahru for S$750 without air-conditioning – but as prices continued to rise, the rate went well over S$1,000.
A quick search for property rental listings in the central region found that prices for a room in an HDB flat range from S$1,200 to S$1,800.
Ms Li, who works in publishing, said she has to leave Singapore before her lease ends as she cannot make ends meet. The Chengdu native's take-home salary is less than S$3,000 a month.
In a heartfelt post on business networking platform LinkedIn, she said: "I’m leaving Singapore for China at the end of February because of the rent hikes.
"I’m not good enough for Singapore, sorry I’m not a talent. I just want to stay at home and spend the rest of my life at home. I want to quit everything. I’m so exhausted."
Another tenant who wanted to be known only as Paolo said he is thinking of leaving Singapore partly due to the
high rents.
The healthcare worker rents a room with his wife for S$950 a month, but their landlord wants to sell the house so the couple has to move. It has been an uphill task to find another room within their budget.
The rents near his workplace are more than S$1,400 now, which is "quite a burden" as their salaries are not high, he said.
"It's really upsetting because ... 50 per cent of our income will pay for the rent and it's frightening," the Filipino said.
Mr Toshi Konno, who rents a master bedroom in a central area, said that his landlord wanted to raise his rent from S$1,600 to S$2,800, or by 75 per cent, when the lease is up.
"My colleagues and friends already said it was 20 to 30 per cent up for rent, but in my case it was beyond that, so it was a big shock," the Japanese said.
He eventually found another room nearby but will be paying 50 per cent more at S$2,400.
The Singapore permanent resident, who has lived here for 15 years, has no plans to leave the country. But he said he will have to rethink his spending with the increase in expenses.
A senior manager for a recruitment firm, Mr Konno said he is seeing more overseas applicants for jobs in Singapore, which he thinks has driven up demand for rooms here.
Ms Cecilia Li, a Singapore permanent resident who has studied and worked here since 2004, returned to China during the pandemic but decided to come back to Singapore for work in June last year.
In 2018, she paid S$450 a month to rent a room in Telok Blangah. Last year, she managed to get a room in Tiong Bahru for S$750 without air-conditioning – but as prices continued to rise, the rate went well over S$1,000.
A quick search for property rental listings in the central region found that prices for a room in an HDB flat range from S$1,200 to S$1,800.
Ms Li, who works in publishing, said she has to leave Singapore before her lease ends as she cannot make ends meet. The Chengdu native's take-home salary is less than S$3,000 a month.
In a heartfelt post on business networking platform LinkedIn, she said: "I’m leaving Singapore for China at the end of February because of the rent hikes.
"I’m not good enough for Singapore, sorry I’m not a talent. I just want to stay at home and spend the rest of my life at home. I want to quit everything. I’m so exhausted."
Another tenant who wanted to be known only as Paolo said he is thinking of leaving Singapore partly due to the
high rents.
The healthcare worker rents a room with his wife for S$950 a month, but their landlord wants to sell the house so the couple has to move. It has been an uphill task to find another room within their budget.
The rents near his workplace are more than S$1,400 now, which is "quite a burden" as their salaries are not high, he said.
"It's really upsetting because ... 50 per cent of our income will pay for the rent and it's frightening," the Filipino said.
Mr Toshi Konno, who rents a master bedroom in a central area, said that his landlord wanted to raise his rent from S$1,600 to S$2,800, or by 75 per cent, when the lease is up.
"My colleagues and friends already said it was 20 to 30 per cent up for rent, but in my case it was beyond that, so it was a big shock," the Japanese said.
He eventually found another room nearby but will be paying 50 per cent more at S$2,400.
The Singapore permanent resident, who has lived here for 15 years, has no plans to leave the country. But he said he will have to rethink his spending with the increase in expenses.
A senior manager for a recruitment firm, Mr Konno said he is seeing more overseas applicants for jobs in Singapore, which he thinks has driven up demand for rooms here.
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02-02-2023, 11:46 AM
When it comes to housing there are many options
Don't always think of prime areas and condos.
Don't always think of prime areas and condos.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
02-02-2023, 12:18 PM
Jb rental market has aso gone up a bit, from below 3myr to above 3.5myr psf. Demand getting stronger, as more are retreating back to jb
02-02-2023, 12:28 PM
ya
they too hasty to secure too
pay me one month rent one month deposit
come in 5 Jan
quit ystdy
said HR asked her to go back
risky to stay in SG
cannot get work permit
job secured no work permit
I submit twice got rejected
work permit FIN not correct
HR hopeless
next time must see physical WP before rent
she asked me to return deposit
I still thinking
should I
I told her she could get me into trouble
they too hasty to secure too
pay me one month rent one month deposit
come in 5 Jan
quit ystdy
said HR asked her to go back
risky to stay in SG
cannot get work permit
job secured no work permit
I submit twice got rejected
work permit FIN not correct
HR hopeless
next time must see physical WP before rent
she asked me to return deposit
I still thinking
should I
I told her she could get me into trouble
02-02-2023, 12:29 PM
I told her in future get work permit first
stay in JB
stay in JB
02-02-2023, 12:33 PM
Mr Kono is correct. There are too many FTs where demand has surged. Many FTs can work remotely from their own country anyway.
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