We had seen an improvement in the vacancy rates for private homes in Singapore last year. The non-landed private rental market rose by 3.9%, 4% and 3.1% across the core central region, rest of central region and outside central region respectively. In terms of non-landed private rental volume, 58,236 homes were rented out, a 2.3% increased from a year ago. This is good news for home owners and investors of The Florence Residences.
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