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Property Data15 Aug 2019

Rental Volumes Up; Non-landed Rents Increase, HDB Rents Flat.

A. Non-Landed Private Residential Rental Market
1.Overall rental prices increase 0.8% from June 2019. CCR, RCR and OCR increase 1.1%, 0.3% and 1.0%, respectively.

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    • Year-on-year, rents rise by 2.7%.
    • Rents are down 16.9% from the peak in January 2013.
    • Year-on-year, rentals in all regions increase: CCR by 4.7%, RCR by 1.6% and OCR by 2.1%.
    • Monthly overall index movement for June 2019 is revised from -0.2% to -0.3%.
2. Volumes increase 13.0% month-on-month. An estimated 5,408 units are rented in July 2019 as compared to 4,785 units in June 2019.

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  •  Year-on-year, rental volumes are 0.9% lower than in July 2018.
  •  However, July 2019’s volumes are 18.2% higher than the 5-year average volume for the month of July.

B. HDB Rental Market

1.HDB rents remains flat from June 2019.  3 Room and Executive rents rise by 1.0% and 2.5% respectively, while 4 Room and 5 Room rents fall by 0.9% and 0.5% respectively; Non-Mature Estates rents increase by 0.4% while Mature Estates rents decrease by 0.4%.

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    • Year-on-year, rents increase by 1.0%.
    • Rents are down 14.5% from the peak in August 2013.
    • Mature Estates and Non-Mature Estates rentals increase by 1.2% and 0.7% year-on-year.
    • Monthly overall index movement for June 2019 is revised from 0.4% to 0.5%.
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2.Volumes increase 4.9% month-on-month. An estimated 1,962 HDB flats are rented in July 2019 versus 1,870 units in June 2019.
  •  Year-on-year rental volumes decrease by 2.7% from July 2018.
  •  However, July 2019’s volumes are 6.1% higher than the 5-year average volume for the month of July.
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Property Data 11 September
Rental Volumes Down in August; Non-landed Rents Increase as HDB's Decrease
Overall rental prices increase 0.2% from July 2019. CCR and RCR increase 0.3% and 0.9%, respectively; OCR rents decrease 0.5%.
Property Data 10 September
Non-Landed Private Residential Resale Prices Unchanged on Lower Volume
CCR & RCR prices increase by 0.4% and 1.0%, respectively; OCR prices decrease by 0.9%.
Property Data 05 September
HDB Resale Prices Increase Slightly in August; Volumes Lower
HDB resale prices increase by 0.1% in August 2019 over July 2019. HDB 3 Room and 4 Room prices remain flat while 5 Room and Executive prices fall by 0.1% and 1.5%, respectively.
Property Data 15 August
Rental Volumes Up; Non-landed Rents Increase, HDB Rents Flat.
Both Non-Landed Private Residential and HDB Volume Increased in July 2019
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