Rental for private homes go up, despite a dip in volume: SRX data

 

Rental rates for condominiums and apartments in Singapore increased by 0.2 per cent from July to August and increased by 3 per cent compared to the previous year. On the other hand, rental yields for HDB units fell. There was also a decrease in rental volumes for private homes as the rental leases of foreign expatriates were expected to end by Q3 of the year. Rents for condos in the out of central region (OCR) increased by 1.7 per cent year on year. Proud owners of Sengkang Grand Residences can expect a favourable rental yield.

Source: https://www.straitstimes.com/business/property/fewer-condos-hdb-flats-rented-in-august-but-prices-largely-steady-srx-data

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