Rental for private homes go up, despite a dip in volume: SRX data

Rental yields for private non-landed homes in Singapore increased by 0.2 per cent from July to August and increased by 3 per cent year on year. However rents for HDB flats dropped. This was accompanied by a drop in rental volumes for condominiums as the rental leases of foreign expatriates are expected to end by Q3 of the year. Rents for condos in the Core Central Region (CCR) increased by 0.3 per cent from July to August. Owners of The Hyde can expect favourable rental yield.


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