Singapore An Expensive City To Rent A Three-Room Apartment

Bernama.com
17 Apr 2008

SINGAPORE, April 17 (Bernama) -- Singapore has been ranked as the 9th most expensive location in the world when it comes to renting a three-bedroom apartment, according to a global survey.

The city-state, which is also ranked fifth in Asia, had its residential accommodation rental rates for a three-bedroom apartment increased by more than 30 per cent from 2006 to 2007, according to a recent survey by ECA International, a leading knowledge and solutions provider for international human resources professionals.

The annual ECA’s Accommodation Survey ranking compares rental prices in 92 locations worldwide.

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