Condo, HDB rental volumes tumble again in August; rents hold: SRX

Although rental rates for both HDB and private homes remain stable over the month of August, the same cannot be said for rental volume, as it fell to multi-year low in the same period. Rental volume declined by 20.4% to 2716 as compared to last month and fell by an even greater margin, by 47% as compared to a year ago and by 42% when compared to the 5-year average volume.

Source: https://www.straitstimes.com/business/property/condo-hdb-rental-volumes-tumble-in-august-rents-hold-srx

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