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Why is a Singapore health clinic paying US$40,000 monthly rent?

A healthcare firm clarified that its record high rental bid of more than S$52,000 (US$40,300) per month for a clinic space in a Singapore public housing estate was driven by the location’s appeal, sparking public debate over rental and healthcare costs. Andrew Chim, co-owner of I-Health Medical Holdings, explained that the unit in Tampines – which has a monthly rent of S$52,188 – is located in an area where five Build-To-Order public housing estates are being developed, which will accommodate...


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