SUBSCRIBERS
Tenants' market seen extending into '16 as condo rents dip in May
Analysts say more project completions lead to higher competition for tenants; HDB rents stay flat: SRX
Published Wed, Jun 10, 2015 · 09:50 PM
Singapore
RENTALS for condominiums and private apartments dipped 0.6 per cent in May, leading analysts to affirm the trend of a tenants' market which they say may extend into 2016.
SLP International executive director Nicholas Mak said: "This is mainly due to the new supply outweighing demand, especially in the suburbs."
Mo…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
How Hudson Yards went from ghost town to office success story
S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit
Forrest Li’s wife buys Gallop Road bungalow next to the one he has redeveloped
Chinese restaurants spur Hong Kong’s retail property recovery
Asking rents down as demand slows and rental listings surge
Eurozone consumers increasingly struggle to pay for housing