RENTS for non-landed private homes in Singapore rose 0.3 per cent in March from February, while rents for HDB flats saw a 0.2 per cent increase, according to flash estimates from real estate portal SRX on Wednesday.
Year on year, rents for non-landed private properties increased by 1.5 per cent from March 2018. Compared to its January 2013 peak, rents were still down 17.7 per cent. Looking at past data trends, she said March was one of the busiest months for leasing activities, as it recorded the second or third-highest monthly leasing transactions of the year for 2016 to 2018.
Source: News Formal (newsformal.com)
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