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Condo, HDB rents extend rise in March as rental volumes rebound: SRX

Published Wed, Apr 14, 2021 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

MORE condominium units and Housing Board (HDB) flats were leased in March while rents continued to rise, as landlords opened their homes for viewing after the Chinese New Year lull and tenants flocked back to the market.

Rental volume for condo apartments rose to an eight-month high last month, surging by 32.4 per cent to an estimated 5,118 units, compared to 3,865 units in February, flash data from real estate portal SRX released on Wednesday showed.

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