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Singapore condo, HDB rents continue rise in Jan
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Published Wed, Feb 16, 2022 · 09:50 PM
Singapore
RENTS for Singapore condominiums and Housing Development Board (HDB) flats continued to rise in January 2022, while volumes saw some recovery, flash figures released by SRX Property and 99.co showed on Wednesday (Feb 16).
Cooling measures implemented in December 2021 had led to more HDB upgraders selling their flats and renting before buying a new home to avoid paying additional buyer's stamp duty (ABSD), ERA Realty head of research and consultancy Nicholas Mak observed.
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