Rpi Rent Increase 2024

Rpi Rent Increase 2024. By providing breathing room for singapore’s housing. Some leases use rpi increases as a basis for rent reviews, and in the current financial climate, this could cause rents to increase dramatically.

For example, if rpi is 4%, your rent might increase by 4% this year. Using rpi plus 0.5%, in 2024 your rent would increase from £100 to £109.40 (8.9% + 0.5% = 9.4%).