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

By The Folks @PropTalk - August 11, 2014 1 Comment

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
 
 
 

Tags:

Posted by The Folks @PropTalk at 1:09 PM
Labels: ,

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

ADD COMMENT
  1. AnonymousSeptember 4, 2014 at 1:29 PM

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

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

    ReplyDelete

Subscribe to: Post Comments ( Atom )