20 Aug '14, 4pm

HDB rents 'to stay depressed for rest of 2014', Singapore Property News, Singapore Property Guides & Articles

HDB rents 'to stay depressed for rest of 2014', Singapore Property News, Singapore Property Guides & Articles

Flats in Woodlands are still attractive to tenants, although rents have been falling, said one property agent. Woodlands, Jurong West and Tampines have seen the most rental transactions in the past month, based on an STProperty "heat map" using HDB data LEAN times are here to stay for Housing Board landlords, with rentals likely to stay depressed for the rest of the year. Sluggish demand, arising from foreign labour curbs that have shrunk the pool of tenants, combined with a rising supply of HDB flats, will weigh on rental rates, said property analysts. Already, Singapore Real Estate Exchange data shows the HDB rental index has fallen 2.3 per cent since the start of the year, hitting a three-year low last month. The median rent was $2,300. This is only the beginning of a continued slowdown, said property analysts. ERA Realty key executive officer Eugene Lim expects a furth...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

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propertyguru.com.sg 20 Aug '14, 7am

Comment E-mail to friend Bookmark & Share Rents for HDB flats are expected to remain depressed for the rest of the year, o...

HDB rents to remain soft for the rest of 2014

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Comment E-mail to friend Bookmark & Share Rents for HDB flats are expected to remain depressed for the rest of the year, o...

Woodlands will see a revival with the proposed ...

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If you are looking for a specific HDB Flat in Singapore, try our HDB Directory and you can see all available units for eac...

Woodlands will see a revival with the proposed ...

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If you are looking for a specific HDB Flat in Singapore, try our HDB Directory and you can see all available units for eac...

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