Chart of the Day: Vacancy rate of private properties dropped 0.3 ppt to 6.8%

Submitted By:  Luz Wendy Noble Case Study:  No A total of 25,105 private homes were unoccupied by end of Q3. This chart from Savills Singapore shows that vacancy rate in private residential properties slipped to 6.8% from 7.1% in Q2 and 8.4% in Q3 2017. The research firm found that compared with Q2, the vacant stock of landed houses and non-landed units fell by 0.8% and 4.2%, respectively. As of end Q3, a total of 25,105 private homes were left unoccupied, sealing a fourth successive quarter of decline. read more