Private housing rents down in May, those for HDB stay flat: SRX
Analysts note private rents and capital values moving in opposite directions
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
RENTS of private non-landed homes slipped 0.6 per cent in May while that for HDB flats remained unchanged compared to a month ago, according to SRX Property.
These flash estimates, released one day after SRX Property's price index showed resale prices of non-landed private homes rising for the third straight month in May alongside higher sales volumes, reflect a divergence in how rents and prices are trending.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
