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May suburban condo rents down 4.8%: SRX

This is steeper than falls of 3.7% in CCR and 3.2% in RCR; HDB rents in mature estates ease 2.8%

Going by URA's figures, 34,911 private residential units are slated for completion from Q2 2017 to Q4 2020.


PRIVATE apartment and condo rents in the suburbs have fallen at a faster clip between May 2016 and May 2017 compared to units in the prime areas and city-fringe locations.

Based on SRX Property's flash estimates data for last month released on Wednesday, its rental index...