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July condo rents fall more than HDB flats

SRX Property data shows leasing volumes for private condos up 18% y-o-y in July. Tenants taking shorter leases

HDB RENTAL DECLINES: Based on its flash estimates for July 2015, SRX Property's rental index for HDB flats in mature estates has eased 1.1 per cent year on year - compared with a 1.4 per cent fall in non-mature estates.


THE rental decline for private apartments and condominiums has been much more pronounced than that for Housing & Development Board (HDB) flats, latest data from SRX Property shows.

Within the private segment, rentals in the Core Central Region (CCR) eased less than