Comment by refurb

As an aside, rent is public information in Singapore, at least for private rental (not for rentals of public housing).

Since all tenancies need to pay a stamp tax to be legit contracts, the government lists every contracts rental price on a website.

https://www.ura.gov.sg/property-market-information/pmiReside...

The information is specific to a unit and published monthly (e.g. if 6 units were rented out, there are 6 entries in the database). It’s quite helpful when looking for a place to rent because you can look up the exact building see what people are paying.

The data is obscured a bit because units are described as “50 to 70 sq m”, so while you can guess if it’s a 1 bed or 2 bed, you cant tell if it has 1 or 2 bathrooms, what floor it on, whether it comes furnished or not.

But you can look at a group of transactions that are similar to the unit you’re looking at and get of what the market rate is.