Rental Analysis in Singapore
Introduction According to Wikipedia, as of June 2019, Singapore's population stood at 5.70 million. A large percentage of its population are not permanent residents; of its total population of 5.70 million in 2019, 4.03 million were residents (citizens & permanent residents), and 1.68 million were non-residents. It is the second-densest sovereign state in the world, after the microstate Monaco. Not only is that Singapore is one of the top financial hubs in the world, it also aims to become region’s tech and innovation hub to attract more foreign talent in such a tiny island. With high influx of foreign workers and land scarcity in Singapore, all these have helped to boost rental volume in the including rental housing - in very prime locations, like the city center. Singapore is divided into districts as shown below: Singapore District Map: CCR, RCR and OCR 1. Core Central Region (CCR): City, Downtown Core and Sentosa - The Core Central Region, also known as the CCR, i