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Condo rents fall 0.9% in April; HDB rents rise 0.4%

SRX flash estimates show condo rents down by 19.6% since 2013 while HDB rents are 15.2% below their peak in 2013

Published Wed, May 9, 2018 · 09:50 PM

Singapore

RENTS of non-landed private homes in Singapore fell by 0.9 per cent in April 2018 over March, while rents of HDB flats rose by 0.4 per cent over the same period, according to flash estimates released by real estate portal SRX Property on Wednesday.

Year-on-year, rents for private apartments and condominiums dropped 0.8 per cent from April 2017. They are down by 19.6 per cent from their peak in January 2013.

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