Condo rents fall in March on higher volume, says SRX

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.