The housing rental market in Singapore has gone through significant changes over the past few years. How should potential renters prepare themselves before taking the plunge? What red flags should they look out for in their contracts?

In this episode of Money Talks, Dr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions with PropertyGuru Group gives his take.

0:00 Intro
00:24 Finance talk: Bank interest rates; BNPL accreditation
07:55 Why more young Singaporeans can afford to rent
11:30 How much to budget for your monthly rent
14:12 Should I use a property agent?
17:19 HDB or private?
21:35 Reading through your tenancy agreement
27:36 Is rental insurance important?

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