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Both private and HDB rents and rental units increased last month
Jun 1, 2023
Both private and HDB rents and rental units increased last month Singapore
By   shicheng news
  • City News
  • Private Housing
  • HDB
  • Rent
Abstract: Local rents and rental units for both private homes and government HDB flats increased last month, unofficial estimates show.

Estimates published by property websites 99.co and SRX show that private apartment rents rose by 1% month-on-month in April, and by about 30% year-on-year.

 

Apartment rents fell 0.2% in the core Central District, while rising 1.7% and 1.6% in the other Central District and outside the Central District, respectively.

 Both private and HDB rents and rental units increased last month

An estimated 5,598 apartment units were rented last month, up 13.8% month-over-month and down 5.2% year-over-year.

 

In the HDB market, overall rents rose 0.8% month-over-month last month and climbed about 26% year-over-year.

 

All types of HDB rents rose, by between 0.1% and 1%.

 

An estimated 3,183 HDB flats were rented last month, 5.8% more than the previous month and 4% more year-on-year.

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Both private and HDB rents and rental units increased last month
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