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Rents for condos, HDB flats slip further in Feb: SRX

Softness was widely expected and will likely persist this year, say property consultants

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Rents of non-landed private residential units were 6.2 per cent lower year-on-year in February, and 10.5 per cent down from the SRX rental index's peak in January 2013.

Singapore

SOFTNESS persisted in the residential leasing market, with rents for both private non-landed homes and public housing flats still heading south in February.

Rents of non-landed private residential units posted a 0.8 per cent drop in February, compared to a month ago,