According to data from SRX, the number of full units rented out in July was 3,360 - representing a 5.3% on-month hike. Year-on-year, rental volume improved by 9% from the 3,082 contracts signed in July 2013.
Rental prices went down, though, slipping 0.8% from the previous month. It is a 38-month low since May 2011, SRX added.
The decline was greatest in the Rest of Central Region at 1.4%, while Core Central Region dipped 1.1%. Prices for Outside Central Region improved slightly by 0.3%.
Source: CNA
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2 comments:
Empty homes on the rise in S'pore. 25/8/14
http://www.propertyguru.com.sg/property-management-news/2014/8/60745/empty-homes-on-the-rise-in-s-pore
Resale private home prices down 0.3% in July: SPRI 29 Aug 2014
http://www.propertyguru.com.sg/property-management-news/2014/8/61612/resale-private-home-prices-down-0-3-in-july-spri
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