Condo, HDB Rental Volumes May Be Bottoming Out But Rents Could Soften Further

Source: https://www.straitstimes.com/business/property/condo-hdb-rental-volumes-may-have-bottomed-out-in-may-but-rents-could-soften

In May 2020, rental volume for non-landed residential increase by 1% to 2,881 units.  Though this is still way below last year May’s transacted volume of 5,307.  In terms of rental prices, May’s rental are pretty stable as compared to a year ago, though a 17.3% decline from their peak in January 2013.

 

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