HDB rental rates rise for 11th straight month

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. read more