Singapore condo, HDB rental prices hit record highs in April


This marks the 16th straight month of growth for condo rents and the 22nd for HDB rents. - ST

SINGAPORE (The Straits Times/Asia News Network): The rental prices for Housing Board flats and private apartments continued to rise in April, hitting new highs in both markets, while leasing volumes dipped.

Condominium rents last month surpassed the previous peak in January 2013 by 1.8 per cent, while HDB rents saw a record increase year on year, according to flash figures from real estate portals 99.co and SRX released on Wednesday (May 11).

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Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Singapore , HBD , rentals , April

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