I recently read in a Straits Times article that the number of applications for new HDB rentals was 1,000+ last month, compared with 2,000+ new private rentals in the same period. This is disappointing as there are far more HDBs than private units in Singapore. So many people are sitting on their under-utilized assets and not using them to generate a passive income. Do you have an empty or under-utilized room at home? I have written a guide on how to rent out spare rooms here. Hopefully that can help you get started on earning some easy passive income.
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