Condo rents fall in March on higher volume, says SRX
HDB rentals flat in March, but leasing volume also improved, likely from PR demand, says consultant
Singapore
RENTALS of private condominiums and apartments dipped 0.4 per cent in March compared to February amid a weak leasing environment. Those in the city centre and city fringe saw decreases in rents of 0.5 per cent and 0.9 per cent respectively. Rents in the suburbs rose 0.8 per cent, however.
This was according to flash estimates of the SRX Property Price Index for Non-landed Private Rentals released on Wednesday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Luxury private home rents jump in Q1 amid wider market slump: Huttons Asia
Evictions surge in Arizona with housing shortage and rising prices
China property shares firm after Politburo highlights clearing inventory
Dubai billionaire’s children plan to revive troubled world islands
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents