Singapore's Soaring HDB Rents: How Do They Affect You? | Talking Point | Full Episode

Over the last two years, HDB rents have skyrocketed, reaching an all-time high in 2022. What is causing the rental market to overheat? And how is it affecting us all? Talking Point host Steven Chia investigates the causes and consequences of this bullish rental market. He learns how people are coping financially and asks… when will prices begin coming down?

About the show:
Talking Point investigates a current issue or event, offering different perspectives to local stories and revealing how it all affects you.
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[NinJa-qrsp]

Private property owners should not be allowed to keep their HDB flats. HDB is public housing, NOT investment tool.

[mrashid]

Insightful, sensible, objective, concise, and without the sensationalism. That's any documentary by Steven Chia. Watching from 6150km away and taking away extremely valuable lessons. Especially about scammers possibly using my property portfolio for nefarious activities.

[jaspalah]

Steven Chia does it again! Really looking forward to every story now.

[Stoic_Cat_]

analyst Mohan did a very good job explaining the factors contributing to the skyrocketing prices. well done!

[jkohero]

Feel bad for the mother. It's dreadful to raise 2 kids as a single mum, pay salary for helper, and still paying the ridiculous rents.

[haigabavtqqtfafahg]

lol in South Korea, not Seoul, near university area, you can live alone in a small studio for 500 SGD monthly rent lol

[singaporeyoutube]

Thanks To CNA for highlighting the big issue

[giantlow]

Thank you CNA for highlighting the issues. Perhaps can do a part 2 of how rental prices affect availability of foreign manpower which in turns leads to increased business costs & consumer prices including cai png.

[mouseonthedesk]

CNA should take a look at the trend of HDB owners converting their HDB rooms into individual studios and charging S$2000 per month, retrofitting those rooms with small kitchenettes/dining spaces. Totally against the principles of HDBs

[sumitp]

Rental market especially full HDB units is crazy in SG now. The situation is so bad that you have to go on a bidding war to secure a unit. You end up paying ~ 300-400 than the listed rental price.

[Akjzmdteuxze]

The mother situation... I cannot. I genuinely feel so sad .

[bananaapplelettuce]

It’s inevitable for rental to increase, but it’s ridiculous when the landlords keep on demanding matters which are against human rights, such as limiting usage of washing machine, limiting shower time, limit sleeping time, and many more ridiculous rules

[rajendrarusmana]

Wow i haven't seen someone present using transparent slides since decades ago

[ShadowRap-yl]

Almost every country is facing a rise in rental. Also once it goes up hardly it will come back down.

[mike]

We have the same problems here in Canada . So it's not just a local problem

[Jinkypigs]

WTF. How is this happening? GReat investigative work and the gov needs to look into this.

$4300 is almost the rental for mid range condo a few years ago. 300% and more over a periods of a few years is abnormal

[winstorn]

Please advise the single mum to see her MP for help to get 3 room rental hdb flat directly from hdb .

[jasoncAD]

For that price of SGD$ 3, 500, i can rent a 4+1 bedroom Super Condo on Penang Island, Malaysia!!
So I guess only the Scamming Syndicate can afford to rent!

[bobafett]

*Well done Steven and CNA Insider this is a great informative episode*

[yoyo-jxvy]

Some startup should exploit the abandoned forest city in JB. Provide accommodation plus daily commute to SG at a fraction of the rental cost in SG. I believe business will be good.