by OrangeTee & Tie Pte Ltd.

HDB rents hit new high in March; condo rents up 2.9%

SRX Rental Data

Singapore, 14 Apr 2022

In March, rents for HDB have hit a new high, while rents for condominium rose for the 15th straight month.

According to flash figures from SRX Property and 99.co, although the rental volumes had improved on a monthly basis, they are still lower when compared with the year-ago period.

Christine Sun, senior vice-president of research and analytics at OrangeTee & Tie noted: "As rental demand is expected to rise in the coming months, we anticipate that rents will likely hit a new high within the next few months."

To read full article: click here

For more news, research and information,