Ready to Buy, Sell or Rent?
Download App to transact.
Forgot your password?

Don't have an account? Create An Account

For agents interested in participating on SRX, please contact us at +65 6635 3388 or write to us at

Shortlisted Properties

Project Name Price Size PSF Type Remove
Save to PDF

SRX Research

Non-Landed Private Rents increase by 1.1%; HDB Rents decrease by 0.8% in February 2017.

Posted on 15 Mar 2017

Like this post on Facebook:

A. Non-Landed Private Residential Rental Market

1. Private rents increase by 1.1% in February. 
According to SRX Property Price Index for Non-landed Private Residential Rentals, rents increased by 1.1% in February 2017 compared to January 2017. Non-Landed Private Residential units rents in CCR, RCR and OCR increased by 1.2%, 0.8% and 1.2% respectively.



According to SRX Property Price Index for Non-landed Private Rentals:

  • Year-on-year, rents in February 2017 were down by 3.8% from February 2016. In individual sectors, CCR, RCR and OCR posted 2.9%, 4.4% and 3.9% year-on-year decrease in price, respectively;
  • Rents in February 2017 was 18.1% down compared to its peak in January 2013;
  • No price revision to price change of +1.1% in Jan 2017.
2. Rental volume decreases by 1.0%. According to SRX Property, an estimated 3,757 Non-landed Private Residential units were rented in February 2017. This represented a 1.0% decrease from 3,796 units rented in January 2017.

  • Year-on-year, rental volume in February 2017 was 12.6% higher than 3,336 units rented in February 2016.

B. HDB Rental Market

1. HDB rents decrease by 0.8%. According to SRX Property Price Index for HDB Rentals, rents decreased by 0.8% from January 2017 to February 2017. HDB 3 Rooms, HDB 4 Rooms and HDB 5 Rooms decreased by 1.2%, 0.3% and 1.3% respectively. On the other hand, HDB Executive increased by 1.0%.



According to SRX Property Price Index for HDB Rentals:

  • Year-on-year, rents in February 2017 were down by 4.8% from February 2016.
  • Rents in February 2017 were down 13.4% compared to its peak in August 2013.
  • Price change was revised from 0.6% to 0.7% in January 2017.


According to SRX Property Price Sub-Indices for HDB Rentals in Mature and Non-mature Estates:

  • Rents in Mature Estate decreased by 1.3% and Non-mature Estates decreased by 0.3%.
  • Year-on-year, rents of Mature Estates in February 2017 slipped 5.5% from February 2016.
  • Year-on-year, rents of Non-mature Estates in February 2017 dropped 4.1% from February 2016.
2. HDB rental volume increases by 1.2%. According to SRX Property, an estimated 1,477 HDB flats were rented in February 2017, a 1.2% increase from 1,459 units rented in January 2017.

  • Year-on-year, rental volume in February 2017 decreased by 12.4% from February 2016.
Like this post on Facebook:



Share on Facebook
Hello Singapore! I'm Sevi. Ask me any property question.
Chat with Sevi
Sevi - AI Bot
Replies in seconds
Need to speak to someone? 6635-3388
I'm Sevi, your personal assistant.

You can ask me basic property questions about transactions, listings, project info and X-value.

Some Examples:

1. Where is Gem Residences located?
2. Are there listings in Hillview Regency for 3 bedrooms and budget of $1.5m?
3. For how much can I sell my property?
4. What are the latest transactions in Bayshore Park?
5. Is it cheaper to buy HDB in Tampines or Jurong East?
6. What is the plot ratio for The Sail?
7. How many blocks are there in Ang Mo Kio Ave 3?

Type RESET or HELP whenever you need.