Private housing rents down in May, those for HDB stay flat: SRX

Singapore

RENTS of private non-landed homes slipped 0.6 per cent in May while that for HDB flats remained unchanged compared to a month ago, according to SRX Property.

These flash estimates, released one day after SRX Property's price index showed resale prices of non-landed private homes rising for the third straight month in May alongside higher sales volumes, reflect a divergence in how rents and prices are trending.