The rent in Singapore decreased in June 2018

SRX Property published a new price index which found that private rents in Singapore decreased by 0.2% in June 2018. According to its index of non-landed private residential rental prices, rents fell by 0.2% in June 2018 2018. In the meantime, rents for non-residential private residential units in the RCR (rest of Central Region) increased by 0.7%, while RCC (Central Central Region) rents increased by 0.7%. of the BCR (Central Outer Region) decreased by 1.0% and 0.3% respectively.

Other SRX Property Price Index Data for Non-landed Private Residential Rentals:

• In June 2018, rents were down 0.2% from June 2017. June rents 2018 declined by 19.3% from its peak in January 2013.
• In the individual sectors, the CCR and the CPR respectively decreased by 0.8% and 0.2%, while there is no change for the OCR at 0.0% compared to June 2017.
• for May 2018 was revised to 0.0% of 0.2%.

<img class = "alignnone size-full wp-image-105351" src = "http://images.humanresourcesonline.net.s3.amazonaws.com/wp-content/uploads/2018/07/SRX_lead.jpg "alt =" SRX private rental [19659007] In addition, the rental volume decreases by 1.0%, with an estimate of 4,637 non-rented private residential units leased in June 2018. This represents a decrease of 1.0% compared to 4,682 units rented in May 2018.

The SRX Property price index for HDB rentals showed that rents decreased by 0.8% between May 2018 and June 2018. While housing HDB 3 bedrooms (0.7%), 4 bedrooms (1.6%) and HDB (0.7%) decreased, rents HDB 5 rooms increase by 0.1%

According to SRX Real Estate Price Index for HDB Rentals:

• Over 12 months, rents in June 2018 are down 2.9% from June 2017
• Rents in June 2018 were down 16.0% compared to their top of 39 August 2013.
• The monthly change in the value of the index remained unchanged at 0.2% in May 2018.

the volume decreases by 5.8 % with an estimate of 1,735 HDB flats rented in June 2018. This represents a decrease of 5.8% compared to the 1,841 rented dwellings in May 2018. Year-over-year, rental volume in June 2018 decreased by 5, 1% compared to June 2017.

Main Photo / SRX Property

Table / SRX Property