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by OrangeTee & Tie Pte Ltd.

HDB rents rise for 13th straight month in July; condo rents unchanged: SRX

SRX Rental Data

SRX Rental Data

Singapore, 11 Aug 2021

SINGAPORE - Rents for private apartments remained flat last month compared with June, while those for Housing Board flats continued to climb, according to flash data from real estate portal SRX released on Wednesday (Aug 11).

More condominium units and HDB flats were leased last month compared with June, SRX data also showed.

Ms Christine Sun, senior vice-president of research and analytics at real estate firm OrangeTee & Tie, said the strong demand in both the private and HDB rental markets could be attributed to more locals leasing temporarily after selling their HDB resale flats or private condos in recent months.







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