Part 11/18:
Meanwhile, rental markets for both HDB and private properties have cooled due to increased supply and shifting demand, especially as some tenants leave Singapore. For instance, rental prices for private condos are projected to grow modestly, around 1-5% next year, compared to the skyrocketing 28.5% increase last year. This trend offers relief to tenants but challenges landlords needing to retain tenants amid intensified competition.