Private condo rents in July up 0.2% as rental volume rises: SRX Property
The gain comes on the heels of June's 0.6% increase, revised from 0.5% previously; CCR and OCR register upticks but RCR dips
Singapore
RENTS of private non-landed homes in Singapore climbed 0.2 per cent in July compared to June, while rental volume rose by 11.8 per cent from a month ago to 4,834 units, going by flash estimates from SRX Property.
This was buoyed by the 0.3 per cent and 0.4 per cent uptick in the Core Central Region (CCR) and Outside Central Region (OCR) respectively, while the Rest of Central Region (RCR) saw a 0.1 per cent dip.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Singapore’s private home prices up 1.4% in Q1, rents drop by 1.9%: URA
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2
Singapore office rents in central region fall 1.7 per cent in Q1 over Q4: URA
Homebuyers shun new real estate in Vancouver, hurting builders