Impact of Singapore on Luxury Home Rentals in Q1 2022

Monday, 27 May 2024, 23:30

The growth in luxury home rentals experienced a slowdown in the first quarter, partly due to the impact of policies in Singapore. Despite this, sustained demand is expected to keep the market optimistic throughout the year. Knight Frank's report highlights the contrasting gains in Sydney, Auckland, and London amidst this cooling trend.
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Impact of Singapore on Luxury Home Rentals in Q1 2022

Luxury Home Rental Market Update

The recent data shows a cooling trend in the growth of luxury residential property rentals, influenced by various factors including policy measures impacting markets such as Singapore.

Market Outlook

  • Sustained Demand: Despite the slowdown, the market is expected to remain buoyant throughout the year, supported by strong demand.

Knight Frank's Insight: The luxury markets in Sydney, Auckland, and London have recorded notable gains, showcasing the resilience and dynamics of global real estate trends.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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