Choa Chu Kang executive flat smashes 2023 rental record at S$6,600/month

Choa Chu Kang’s Block 641 welcomes a record-setting executive flat rental at S$6,600/month, marking a milestone for 2023.

Rising concerns among locals and expats highlight mounting rental affordability issues, while The Business Times in February this year predicted further tenant struggles due to rising property taxes and interest rates.