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HDB rents hit new high in March; condo rents up 2.9%

Mature HDB estate rents climbed 1.7%, while non-mature estate rents rose 1.1%; rental volumes improved but still lower compared with year-ago period: SRX, 99.co

Vivienne Tay

Published Thu, Apr 14, 2022 · 05:50 AM

Housing

Singapore

HOUSING Board (HDB) rents have hit a new high in March, while condominium rents rose for the 15th straight month.

Although rental volumes improved on a monthly basis, they are still lower compared with the year-ago period, according to flash figures from SRX Property and 99.co on Wednesday (Apr 13).