ERA Realty's head of research and consultancy Nicholas Mak agreed, adding that dampened demand in both the HDB and private housing market may be due to weakness in the wider employment market which has seen job losses for some expatriates.
SRX flash data also showed private apartment rents remained unchanged in August from the previous month, while HDB rents saw a small uptick of 0.3 per cent within the same period. For HDB flats, rents slipped by 0.1 per cent from August 2019 and are 14.6 per cent lower than their peak in August 2013.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Condo, HDB rental volumes tumble again in August; rents hold: SRXThis could signal the start of a 'domino effect' for the rental market, hampered by an economic slowdown and rising unemployment among foreigners here.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Condo resale volume hits 2-year high in August: SRXSINGAPORE - The number of private non-landed homes resold hit a two-year high last month while prices firmed slightly in what observers see as another sign of the Singapore's property market's growing recovery from the effects of the Covid-19 pandemic.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Airbus jet deliveries slip in August, stays ahead of BoeingAirbus deliveries slipped in August, slowing its recovery from the coronavirus demand meltdown, but the European planemaker remained well in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Airbus jet deliveries slip in August, stays ahead of BoeingAirbus deliveries slipped in August, slowing its recovery from the coronavirus demand meltdown, but the European planemaker remained well in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tesla China sold 11,800 Model 3 vehicles in August: CPCAU.S. electric vehicle maker Tesla Inc sold 11,800 Shanghai-made Model 3 vehicles in China in August, up from 11,000 units in July, according to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Yanlord's contracted pre-sales more than double to 12.03b yuan in AugustREAL estate developer Yanlord Land Group saw its contracted pre-sales from residential and commercial units as well as car parks more than double to 12.03 billion yuan (S$2.41 billion) in August, from 4.81 billion yuan a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »