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Rents for condos, HDB flats slip further in Feb: SRX

Softness was widely expected and will likely persist this year, say property consultants

Rents of non-landed private residential units were 6.2 per cent lower year-on-year in February, and 10.5 per cent down from the SRX rental index's peak in January 2013.


SOFTNESS persisted in the residential leasing market, with rents for both private non-landed homes and public housing flats still heading south in February.

Rents of non-landed private residential units posted a 0.8 per cent drop in February, compared to a month ago,...

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