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Private housing rents down in May, those for HDB stay flat: SRX

Analysts note private rents and capital values moving in opposite directions

SRX Property figures showed an overall 16.5 per cent rental fall in private non-landed homes from the peak in January 2013 and a 5.2 per cent drop from May 2015.


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