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Condo, HDB rents dip whilst volumes rebound in June

Fresh property news selection on July 15. 2020, Wednesday.

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Rental renewals are attributed to expats not being able to return to their home countries just yet.

07.15.

Condo rents slipped 0.7% YoY in June, as two of the regions posted declines, according to figures from SRX.

Rents in the Core Central Region (CCR) and the Rest of Central Region (RCR) fell 0.7% YoY and 2.2% YoY respectively, whilst Outside Central Region (OCR) rents inched up 0.3%. The overall rents are down 18% from the peak in January 2013.

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