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FOREIGN TALENTS COMPLAINS SG HDB RENT HAS MASSIVE HIKE

A foreign talent complained in the Facebook group “Indians in Singapore” claims that he an HDB rental listing go up from $2100 to $2900.

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He complains that “this is going to be a huge burden for anyone”, and tells everyone to “negotiate to the core and be strong in it to lower this massive hike”.

Many members of the group responded with negative sentiments towards Singaporeans with a comment stating that “people are greedy” and “exploitation by the privileged”

As of Feb 24, the group has 115,000 members.

Here are the comments

Price Hike

In 2021, the rental fees for both HDBs and private apartments have increased by over 10 per cent, with condos increasing the most by 11.4%.

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Experts believed that the prices hike is due to larger demand in the resale market.

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