Private home rents dip another 0.3% in Sep. HDB rents
remain unchanged : SRX
SINGAPORE - While HDB rents saw no change overall in September, those for private apartments and condominium units weakened by 0.3 per cent in September over the previous month, making it the eighth straight month of declines.
September rents for condos and apartments were down 5.6 per cent from a year ago, and 13 per cent compared with their peak in January 2013, according to figures from SRX Property released on Wednesday (Oct 14)
The rents change in August has been raised from a 0.6 per cent decrease to 0.7 per cent decline.
Foundation laid for next generation
neighbourhood centre in Punggol
SINGAPORE - While HDB rents saw no change overall in September, those for private apartments and condominium units weakened by 0.3 per cent in September over the previous month, making it the eighth straight month of declines.
September rents for condos and apartments were down 5.6 per cent from a year ago, and 13 per cent compared with their peak in January 2013, according to figures from SRX Property released on Wednesday (Oct 14)
There was no revision for rents change in August.
Condominiums and apartments softened by 0.6 per cent in the city fringes (Rest of Central Region) and 1.3 per cent in outlying districts (Outside Central Region). But they went up by 1 per cent in the prime districts (Core Central Region).
The number of leases signed decreased by 4.1 per cent. According to SRX Property, an estimated 3,758 non-landed homes were rented in September, down from 3,919 in August.
But year-on-year, rental volume in September was 17.7 per cent higher than the 3,194 units leased a year ago.
HDB rents remained unchanged overall in September. According to SRX Property, three-room, five-room and executive flats posted 0.1 per cent, 0.5 per cent and 2.8 per cent decreases in rents respectively, while four-room flat saw a 1.1 per cent increase in rents.
Year-on-year, HDB rents in September were down 3.2 per cent from a year ago and 6.7 per cent lower compared with their peak in August 2013.
The rents change in August has been raised from a 0.6 per cent decrease to 0.7 per cent decline.
HDB rental volume increased 0.9 per cent in September over August. Year-on-year, rental volume in September rose by 7 per cnet from September 2014.
The Straits Times / Business Published on Wednesday, 14 Oct 2015 By Ann Williams Private home rents dip another 0.3% in Sep. HDB rents remain unchanged : SRX
Please click the following for other Related Readings:
Condos Properties
Singapore private
home prices are Asia's 2nd worst performers
EC News :
Buyers snap up Brownstone penthouses
Brownstone executive condo makes strong debut
Buzz on EC income cap draws buyers
Fillip for ECs could hurt mass market condos' demand
Brownstone executive condo makes strong debut
Buzz on EC income cap draws buyers
Fillip for ECs could hurt mass market condos' demand
HDB properties
Commercial/Office
properties
20 Office units in
Parkway Centre up for sale
First of 20 new hawker centres will open in Hougang in August 2015
First of 20 new hawker centres will open in Hougang in August 2015
Property Financing
or loan
Malaysian Projects
General (All
Properties)
Charges for
intensifying use of land in S’pore are mostly unchanged
No comments:
Post a Comment