The latest edition of the Singapore Market Watch is available now! Read up on the latest housing trends, schooling options, immigration, and more.
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Singapore is seeing a slowdown in rental rates in 2025 as supply for housing catches up with the high demand. However, even with the increase in available housing properties, rental rates remain elevated due to inflationary pressures.
Renewal of leases secured prior to 2023 can expect a drastic increase as landlords continue adjusting rental rates in line with current norms. As there is a manpower shortage for housing contractors and movers, it is advisable to plan property departures and move-ins ahead of time.
Singapore’s new immigration laws for Employment Pass (EP) applicants involve a two-stage eligibility framework. Stage One requires a qualifying salary based on age and job sector, which increases over time. Stage Two uses the COMPASS framework, a point-based system with six criteria, each worth 20 points. Applicants must score at least 40 points to pass.
Recently crowned Asia Pacific’s Top City among more than 140 other cities based on factors of livability, lovability, and prosperity, this vibrant city-state remains a popular destination for assignees. Alzone Ang, Cartus’ Vice President of Global Talent Mobility, shared factors enticing businesses and talents to Singapore.
Download a copy of our Singapore Market Watch for more details.
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