Forgot your password?
or

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 feedback@srx.com.sg

ON TRACK

Achieve the life you want, in the home you love
Property Data12 Jun 2019

Non-Landed Private Residential Rents Decline 0.3% in May but are 2.0% higher Year-on-Year; HDB Rental Prices Inch Upwards by 0.1%

A. Non-Landed Private Residential Rental Market

1. Overall rental prices decrease by 0.3% from April 2019. CCR and RCR decrease 0.8% and 0.7% respectively while OCR increases 0.5%.

1
2

According to the SRX Property Price Index for Non-Landed Private Residential Rentals:

  •  Year-on-year, rents rise by 2.0%.
  •  Rents are down 17.5% from the peak in January 2013.
  •  All region rentals increase year-on-year. CCR and RCR by 1.7% and OCR by 2.4%.
  •  Monthly change in index for April 2019 was revised from 0.6% to 0.5%.

2. Volumes decrease by 0.2% from April 2019. An estimated 4,801 units were rented in May 2019 as compared to 4,810 units in the preceding month. Year-on-year, rental volumes are 4.2% lower than the 5,013 rentals recorded in May 2018.

3


B. HDB Rental Market

1. HDB rents increase 0.1% from April 2019.  3 Room and 5 Room rents rise by 0.9% and 0.6% respectively, while 4 Room and Executive rents fall by 0.5% and 0.7% respectively. Mature Estates rents remain unchanged while those in Non-Mature Estates increase by 0.3%.

4
5

According to the SRX Property Price Index for HDB Rentals:

  •  Year-on-year, rents increase by 0.4%.
  •  Rents are down 15.0% from the peak in August 2013.
  •  Mature Estates and Non-Mature Estates rentals increase by 0.3% and 0.4% year-on-year.
6
7


2. HDB rental volume decreases by 6.0%. An estimated 1,887 HDB flats were rented in May 2019 versus 2,007 units in April 2019. Year-on-year, rental volumes are 3.4% lower than the 1,954 units rented in May 2018.

8
Like this article? Share it.
mySG Home
Your Digital Home
Track Your Home. Discover Your Wealth
MY PROPERTY
CONCIERGE
The free, personalized advice, advocacy, and guidance for buying or renting property in Singapore
ON TRACK

Contact Us

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
Sevi
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.