Rents for private non-landed homes and HDB flats rise in Dec 2019 from a year ago

Singapore

RENTS for both non-landed private homes and Housing Board flats rose in December last year from the year before, even as the number of rented condominium and private apartment units, and HDB homes, rose for the whole of 2019.

Flash data from real estate portal SRX Property on Wednesday showed that overall condominium and private apartment rents rose 3.7 per cent in December 2019 from a year ago, although rents last month decreased 0.9 per cent from November.