Singapore Rental Market

Condo, HDB rents in July see first uptick since February but demand shows Covid-19 impact

It was a mixed picture for Singapore's rental housing market - while rents for HDB flats and private apartments saw their first monthly increase in four months in July, leasings fell as the novel coronavirus pandemic continued to impact travel and jobs. SRX Property data showed HDB rents rose 1.4 per cent in July from the previous month, a bigger rate of increase than the small 0.4 per cent rise for...

Condo and HDB rents, volumes up in February: SRX

Rents and volumes of non-landed private homes and HDB flats rose in the month of February, according to flash estimates from real estate portal SRX Property. Condominium rents rose 0.1 per cent from January and are up 3.3 per cent year-on-year. Month-on-month, rents in the core central region (CCR) rose 0.9 per cent, rest of central region (RCR) rents decreased 0.4 per cent and rents from the outside...

Condo and HDB rents rise in January on lower volume; virus outbreak may hit leasings

The housing rental market in Singapore is likely to see a temporary slowdown in activity due to the coronavirus outbreak as data released on Wednesday showed rents for both non-landed private homes and HDB flats rose in January while the number of leasings fell. Rents of private apartments and condominiums climbed 0.9 per cent month on month, after dipping 0.5 per cent in December, according to real...

Singapore condo rents up in November, while HDB rents fall: SRX

Rents for non-landed private homes in Singapore rose in November from the previous month, while those for HDB flats slipped, though they were both higher as compared to a year ago. Overall condo rents increased 1.2 per cent from October, and is 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 the outside central region...

Condo rents slip in October as demand shrinks; HDB rents inch up: SRX

Rents for non-landed private homes slipped in October from the previous month, while those for HDB flats edged up, although they were both higher than a year ago. Overall condo rents declined 0.2 per cent from September, but rose 4.2 per cent year on year. However, they are still 16.9 per cent below their peak in January 2013. The core central region (CCR) was the hardest hit, with a 0.6 per cent...

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. Meanwhile, rental volumes fell for private condominiums, but rose for HDB flats on a month-on-month basis. Overall rents for condos declined 0.4 per cent from August, but...

Singapore condo rents recover slightly in July; HDB rents stable: SRX

Rent of condominiums in Singapore inched up in July after two straight months of decline, while those of HDB flats held largely steady from June, according to monthly flash data from real estate portal SRX Property released on Thursday. The number of units leased also saw a month-on-month increase for both condos and HDBs. For non-landed private homes, overall rents last month improved 0.8 per cent...

Singapore condo rents slip 0.3% in May, HDB rents inch up 0.1%: SRX

Rents for private non-landed homes were down 0.3 per cent in May from April, while rents for HDB flats rose slightly by 0.1 per cent, according to flash data from real estate portal SRX on Wednesday. The fall in rents for condominiums and private apartments in May followed a 0.5 per cent gain in April, which was adjusted from its initial flash estimate of 0.6 per cent. The core central region saw...

Singapore condo rents rise 1.9% in January, HDB rents up 0.3%: SRX

Rents for condominiums and private apartments rose 1.9 per cent month on month in January, with HDB rents also stronger, edging up 0.3 per cent, according to flash figures from real estate portal SRX Property on Wednesday. SRX also revised its flash estimate of a 0.2 per cent fall in rents in December to a 0.2 per cent rise. According to its estimates, January's rise in non-landed private...

Singapore condo rents slip 0.7% in October; HDB rents inch up 0.3%: SRX

Condominiums and private apartments rentals dropped for a second straight month, slipping 0.7 per cent in October from the previous month, according to SRX on Wednesday. This came after rents dipped 0.5 per cent in September, with the figure revised by SRX from a 0.4 per cent decline. After barely budging in 2018, private market rents are now down 0.1 per cent from a year ago - but are a hefty 20...

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