Hello.
Singapore will pilot a new class of serviced apartments with a minimum stay duration of three months, as opposed to the current seven days. Will this move, as well as a higher occupancy cap for larger public flats and private homes, ease pressures on Singapore’s rental market?
Providing different types of rental accommodation will serve as a buffer in case of future spikes in rental demand, like the one brought on by the pandemic, says property portal Mogul.sg’s Nicholas Mak in his video commentary.
Price hikes have dominated headlines in Singapore, from public transport and taxi fares to utilities, postage rates and hawker food. When companies use inflation as an excuse to jack up prices, it raises questions about the line between legitimate business decisions and profiteering. How can we tell the difference? SUSS’ Ben Chester Cheong outlines the regulations in place to protect consumers from exploitative pricing.
Pay review season is approaching, amid economic uncertainties and a cooling labour market. Would you accept a “dry promotion” – with more responsibilities but no accompanying pay raise? If you have previously accepted one and another is being foisted upon you, you need to ask yourself if you are being taken advantage of, says career consultant Adrian Choo.
We hope you enjoy our selection of commentaries this week. Happy holidays from us to you and yours.
Erin Low
Deputy Editor, Commentary
