Is room rent increasing in Singapore

Room rents in Singapore have been increasing in recent quarters, with both private residential rents and worker dormitory bed rents recording upward trends. In 1Q2025, the median monthly private residential rent rose to $4.99 per square foot, up from $4.90 per square foot previously, reflecting continued but slightly slower growth. The rental surge is also notable for centrally located worker dormitories, where average bed rents have reached $530 per bed per month in 1H2025, and $515 per bed per month in the east.

For public housing, average resale prices for three-room HDB units climbed by 2.3% quarter-on-quarter in 1Q2025, suggesting that increased demand and fewer launches are contributing factors to the upward pressure.

Overall, the rental market remains robust, supported by relatively high occupancy rates and a cautious pace of new launches, with price growth steady across different market segments.