Condo And HDB Rents Rise In January On Lower Volume; Coronavirus Outbreak May Hit Leasing

Source: https://www.Listed Property Developers With ‘Substantial Connection To Singapore’ Can Be Exempted From Qualifying Certificate Scheme

 

Rental prices for non-landed private home and HDB flats rose while transaction volume fell, both month-on-month and year-on-year.  Private apartments rental climbed 0.9% and 2.9% while HDB flats rental rose 0.8% and 2% respectively.  In terms of transaction volume, the month-on-month decline was 4.9% and 5.1% respective for private and HDB homes.  However, analysts expect a temporarily slowdown in the leasing market due to the coronavirus.

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