{"id":76972,"date":"2018-01-17T09:58:35","date_gmt":"2018-01-17T02:58:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-falls-to-8th-most-expensive-place-in-asia-to-rent-mid-market-homes\/"},"modified":"2018-01-17T10:06:34","modified_gmt":"2018-01-17T03:06:34","slug":"singapore-falls-to-8th-most-expensive-place-in-asia-to-rent-mid-market-homes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-falls-to-8th-most-expensive-place-in-asia-to-rent-mid-market-homes\/","title":{"rendered":"Singapore falls to 8th most expensive place in Asia to rent mid-market homes"},"content":{"rendered":"


\nSingapore has continued to slip down the list of the most expensive location for rental accommodation in Asia as it settled in the eighth place, down one notch from last year, revealed a survey by ECA International.
\nNotably, the city-state was ranked fourth in 2016.
\nLee Quane, ECA International\u2019s regional director for Asia, attributed the drop in ranking to a \u201cslowing of economic growth and a net reduction in inbound assignments, exacerbating the surplus of higher-end properties on the market that would normally attract expatriates\u201d.
\nHe noted that this oversupply has reduced average rent levels in Singapore for the last three years.
\nMeanwhile, Hong Kong has once again emerged as the most expensive location in Asia for mid-market home rental.
\nThe survey revealed that rental prices for an \u201cunfurnished, mid-market, three-bedroom apartment in areas commonly inhabited by international executives in Hong Kong averaged at\u00a0 US$10,461 per month\u201d.
\nTokyo came in second, followed by Shanghai, Seoul, Mumbai, Beijing and Yokohama, rounding up the top ten list with Osaka and Metro Manila.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Singapore falls to 8th most expensive place in Asia to rent mid-market homes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore has continued to slip down the list of the most expensive location for rental...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-76972","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-k1u","jetpack-related-posts":[{"id":104989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expat-rents-continue-to-drop-in-singapore\/","url_meta":{"origin":76972,"position":0},"title":"Expat rents continue to drop in Singapore","date":"March 14, 2019","format":false,"excerpt":"\r A new study shows that rental prices in Singapore are now on average US$500 cheaper per month than in 2016. Despite the continuous drop in rental prices for expatriates, Singapore remains in the top 10 most expensive locations for expatriate rents in Asia as it occupies eighth place, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41841,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-falls-to-7th-place-for-high-end-rentals\/","url_meta":{"origin":76972,"position":1},"title":"Singapore falls to 7th place for high-end rentals","date":"January 25, 2017","format":false,"excerpt":"\r Singapore has fallen three spots this year for high-end rental accommodation in Asia. Singapore has emerged as the seventh most expensive destination in Asia for high-end rental accommodation this year, down from fourth place in 2016, reported the Business Times. Hong Kong retained its position as Asia\u2019s most expensive\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41969,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-falls-to-seventh-place-for-high-end-rentals\/","url_meta":{"origin":76972,"position":2},"title":"Singapore falls to seventh place for high-end rentals","date":"January 26, 2017","format":false,"excerpt":"\r Expats with lower housing budgets partly to blame Aerial view of Keppel Bay in Singapore Singapore emerged as the seventh most expensive destination in Asia for high-end rental accommodation this year, down from fourth place in 2016, reported the Business Times. Hong Kong retained its position as Asia\u2019s most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115348,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expat-rents-in-singapore-increase-for-the-first-time-in-five-years\/","url_meta":{"origin":76972,"position":3},"title":"Expat rents in Singapore increase for the first time in five years","date":"April 2, 2020","format":false,"excerpt":"\r The average monthly rental for expatriates in Singapore rose 1.4% from last year to $6,069 (US$4,233) \u2013 its first increase in five years, showed a study by ECA International. ECA International\u2019s Regional Director for Asia Lee Quane attributed the uptick to an influx of overseas relocation, particularly by expats\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spore-drops-out-of-top-20-list-of-worlds-most-expensive-cities-for-expats\/","url_meta":{"origin":76972,"position":4},"title":"S'pore drops out of top 20 list of world\u2019s most expensive cities for expats","date":"June 8, 2017","format":false,"excerpt":"\r The weakening Singapore dollar has made the city-state less expensive for expatriates. Singapore has fallen out of the top 20 list of the most expensive cities in the world, moving six notches down from 18th place last year to 24th in this year\u2019s cost of living survey by ECA\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-is-the-7th-most-expensive-city-in-asia-for-expats-to-live-survey\/","url_meta":{"origin":76972,"position":5},"title":"Singapore is the 7th most expensive city in Asia for expats to live: Survey","date":"December 12, 2019","format":false,"excerpt":"\r Singapore\u2019s rise is attributed to the strong Singapore Dollar.\u00a0\u00a0 Singapore is the seventh most expensive city in Asia for expats to live, and the 13th most expensive city globally, according to the latest\u00a0Cost of Living Survey by ECA International, reported Singapore Business Review. The city-state rose two spots and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/12\/Singapore-7th-most-expensive-cities-in-the-world-for-expats.png?fit=600%2C257&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76972"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=76972"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76972\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=76972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=76972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=76972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}