HDB rents inched up 0.6% in December 2018

Submitted By:  Arianna Danganan Case Study:  No Rental volume slipped 8.9% MoM to 1,601 flats rented in December. Housing and Development Board (HDB) rents increased 0.6% MoM in December 2018, according to the Singapore Real Estate Exchange (SRX) Property. HDB 3 rooms, HDB 4 rooms and HDB executive recorded rent increases of 0.5%, 0.2% and 4%, respectively. HDB 5 rooms rents slipped 0.2%. Whilst rents in mature estate advanced 1% MoM, those in non-mature estates remained unchanged compared to November. read more