Singapore firms scramble to soften blow of soaring rent costs
Rents for private properties in Singapore increased about 30% last year, with luxury residential rent gains outpacing those in London and New York in the fourth quarter, reports say.
US rents surge, leaving behind generation of younger workers
As Covid-19 spread in 2020, wealthier people went to summer homes or remote areas to avoid infection, leading to vacancies and steep rent reductions in many cities.
Rent exemption for canteen operators, tenants extended another 6 months
Education Minister Radzi Jidin says operators and tenants are still recovering from the impact of Covid-19.