Condo, HDB rents in July see first uptick since February but demand shows Covid-19 impact: The Straits Times

Rental volume shrank in July for both public and private home. Private residential home rose rental rates 0.4% quarter on quarter in July, though it was down 0.9% when compared to the same period a year ago and 17.5% from their peak in January 2003. Similarly to HDB, rental rates also rose 1.4% in July as compared to last month but fell 0.5% from a year ago and 14.9% off their peak in 2013.

Source: https://www.straitstimes.com/business/property/condo-hdb-rents-in-july-see-first-uptick-since-february-but-demand-shows-covid-19

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