You are here

July condo rents fall more than HDB flats

SRX Property data shows leasing volumes for private condos up 18% y-o-y in July. Tenants taking shorter leases

BT_20150815_KRSRX15_1826574.jpg
HDB RENTAL DECLINES: Based on its flash estimates for July 2015, SRX Property's rental index for HDB flats in mature estates has eased 1.1 per cent year on year - compared with a 1.4 per cent fall in non-mature estates.

Singapore

THE rental decline for private apartments and condominiums has been much more pronounced than that for Housing & Development Board (HDB) flats, latest data from SRX Property shows.

Within the private segment, rentals in the Core Central Region (CCR) eased less than...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes