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Singapore condo rents up in November, HDB rents slip: SRX

Both figures still higher than a year ago; condo rental volumes shrink again, but year-end is lull period

Singapore

RENTS for non-landed private homes in Singapore rose in November from the previous month, while those for HDB flats slipped, though both were higher from a year ago.

Overall condo rents increased 1.2 per cent from October, and are up by 4.6 per cent year on year. However, they are still 16 per cent below their peak in January 2013.

Rents in the suburbs, or outside central region (OCR), climbed the most, with a 1.6 per cent hike from October to November. Rents in the core central region (CCR)...

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