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Condo, HDB rents rise in January on lower volume

A slowdown in the rental market is expected as the virus outbreak hits sectors such as tourism and MICE

Published Wed, Feb 12, 2020 · 09:50 PM

Singapore

THE housing rental market in Singapore is likely to see a temporary slowdown in activity due to the novel coronavirus outbreak.

Data released on Wednesday showed, however, that rents for both non-landed private homes and HDB flats had risen in January, while the number of leasings fell.

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