July rental: Volume up, Price down to 38-month low!

By The Folks @PropTalk - August 11, 2014 3 Comments

According to data from SRX, the number of full units rented out in July was 3,360 - representing a 5.3% on-month hike. Year-on-year, rental volume improved by 9% from the 3,082 contracts signed in July 2013.

Rental prices went down, though, slipping 0.8% from the previous month. It is a 38-month low since May 2011, SRX added.

The decline was greatest in the Rest of Central Region at 1.4%, while Core Central Region dipped 1.1%. Prices for Outside Central Region improved slightly by 0.3%.

Source: CNA
 
 
 

3 comments to ''July rental: Volume up, Price down to 38-month low!"

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  1. Empty homes on the rise in S'pore. 25/8/14

    http://www.propertyguru.com.sg/property-management-news/2014/8/60745/empty-homes-on-the-rise-in-s-pore

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  2. Resale private home prices down 0.3% in July: SPRI 29 Aug 2014

    http://www.propertyguru.com.sg/property-management-news/2014/8/61612/resale-private-home-prices-down-0-3-in-july-spri

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  3. HDB resale prices fall for seventh consecutive month. 4 Sep 2014.

    http://m.todayonline.com/singapore/hdb-resale-prices-fall-seventh-consecutive-month

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