Money in the Market: Can we expect more pain for tenants? | #TheAfternoonUpdate

Recently, Singapore pushed New York off the top spot for the strongest growth in residential rents in the last quarter of 2022, fuelled by a supply crunch and strong demand. According to a report by Knight Frank, annual rents jumped 28% in the quarter from a year earlier. New York followed with 19% growth. Can we expect more pain for tenants? Or will prices cool down soon? On Money in the Market, Hongbin Jeong speaks to Audrey Siek, Show Host and Producer at OhMyHome to find out more about the current property market.  For more, tune in to #TheAfternoonUpdate with Hongbin Jeong every weekday from 1pm-4pm. Tune in to MONEY FM 89.3 via the Awedio app today! Available on the App Store, Google Play and more. -- Connect with Us! Facebook: MONEY FM 89.3 Instagram: @moneyfm893 Twitter: @moneyfm903 LinkedIn: MONEY FM 89.3 -- Contact us: MONEY FM 89.3 Headquarters: +65 6319 1900 Live Studio: +65 6691 1893 SMS/WhatsApp MONEY FM 89.3: +65 8855 0893 Mailing Address: SPH Radio Pte Ltd 1000 Toa Payoh North News Centre Singapore, Singapore: 318994