Singapore condo, HDB rents slip in September: SRX | / Property news / Singapore condo, HDB rents slip in September: SRX

Singapore condo, HDB rents slip in September: SRX

RENTAL prices in Singapore fell in September for both non-landed private homes and HDB flats as compared to August, though the rents increased on a year-on-year basis. This is according to SRX flash data released on Wednesday.

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Meanwhile, rental volumes fell for private condominiums, but rose for HDB flats on a month-on-month basis.

Singapore condo, HDB rents slip in September: SRX

Overall rents for condos declined 0.4 per cent from August, but grew by 3.2 per cent year on year. Condo rents in September were also down 16.9 per cent from the peak in January 2013, with all regions experiencing rental price declines. 

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