27 Feb '18, 1am

More private and public homes leased in January

The real estate sector has experienced a recent boost in market confidence. While sale prices and volume of private properties are improving steadily, are rental rates also doing the same? Chestervale . Picture: iProperty Private property rental prices moving up the chart January’s figures show a slight increase in rents for condominiums and private apartments . Prices of non-landed private residential properties inched up 0.5% last month. This was following a 0.2% dip last December. Rents in the Rest of Central Region (RCR) and Outside of Central Region (OCR) grew 2.7% and 0.2% respectively. Only those in the core central region (CCR) saw a dip of 1.3%. In a year-on-year comparison, rental prices is 0.9% lower than that of January 2017. From the peak of 2013, private property rents have fallen 19.6%. HDB rents fall for 3 consecutive months HDB rents , however, have fallen...

Full article: https://www.iproperty.com.sg/news/more-private-and-public...

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