CNA: Rental rates set to rise with 80,000 foreigners

Totally agree, rental units are being snapped up very quickly and at close to asking rent.
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CNA: Rental rates in the private property market are poised to rise with the expected influx of some 80,000 foreign workers this year. Analysts said this is because of the shortage of private housing. And the supply situation may not improve this year as only 5,000 private housing units are expected for completion by year's end.

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