by OrangeTee & Tie Pte Ltd.

Condo, HDB rental volumes tumble again in August; rents hold: SRX

SRX Rental Data

August 2020

Singapore, 09 Sep 2020

August leasings for private condominiums and apartments fell 20.4% month on month to 2,716 unites, according to flash data released by real estate portal SRX on Wednesday (Sept 9)

Christine Sun, head of research and consultancy at OrangeTee & Tie, attributed the fall in rental volumes to the economic slowdown and rising unemployment among foreigners in Singapore.

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