Rental demand surge likely due to anti-virus measures: The Straits Times

Based on flash data, we had seen an increased in March’s rental volume across both the private and public residential market. The number of rental concluded last month was 5244 and 2157 for the private apartment and public housing respectively, up from 10.9% and 15.4% when compared to previous month. However, these figures were still lower when compared to the same month last year – 5.9% for private and 11.3% for HDB.

Source: https://www.straitstimes.com/business/property/rental-demand-surge-likely-due-to-anti-virus-measures

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