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HDB rental slide in March outpaces that for private condos

SRX's flash estimates show a 4.7% y-o-y decline for the HDB segment, against a 3.9% drop for condos

Kalpana Rashiwala
Published Wed, Apr 12, 2017 · 09:50 PM

Singapore

RENTS of HDB flats eased at a bigger pace year on year (y-o-y) in March 2017 compared with rents of non-landed private homes, according to latest flash estimates from SRX Property.

On a month-on-month (m-o-m) basis, rents for both categories fell.

SRX's rental index for private apartments and condos fell one per cent m-o-m in March - contrasting with a 0.7 per cent rise m-o-m in February.

The index h…

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