(May 12 11:44) Sbr.com.sg
Uploaded By:
Paul Howell
Submitted By:
Staff Reporter
Case Study:
No
Rents rose whilst more than 100 condo and HDB units were freed up in April.
Both condominium rents and HDB rents rose by 1.3% in April month-on-month, according to latest SRX data.
This is the 11th straight month of rent increases for HDB units. The latest data also represents a 5.6% rent increase from the same period last year.
HDB rents are 10% lower than their peak of August, 2013.
Overall rents for condominium units increased by 5.2% year-on-year. April's rents were 11.9% lower than the peak reached in January 2013.
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