A. Condo Rental Market
1. In May 2026, overall condo rental prices decreased by 0.6% month-on-month. Prices in CCR, RCR, and OCR decreased by 0.4%, 0.6%, and 1%, respectively, compared to April 2026.
-
Year-on-year, overall rental prices increased by 1.9% compared to May 2025.
-
Year-on-year, rental prices in CCR, RCR, and OCR increased by 2.8%, 0.9%, and 1.4%, respectively.
-
Rental volumes decreased by 9.8% month-on-month. An estimated 5,853 units were rented in May 2026, compared to 6,492 in April 2026.
-
Year-on-year, rental volumes were 4.2% higher.
-
Rental volumes were 7.4% higher than the 5-year average for May.
-
Breaking it down by region for May 2026, 36.1% of the total rental volume was from OCR, 33.5% from RCR, and 30.4% from CCR.
B. HDB Rental Market
1. In May 2026, HDB rental prices decreased by 0.3% compared to April 2026. Rental prices in Mature towns decreased by 0.5%, while Non-Mature towns increased by 0.2%. Rental prices for 3-room and Executive flats units decreased by 0.8% and 1.6%, respectively, while 4-room and 5-room units increased by 0.1% and 0.4%, respectively.
-
Overall rental prices increased by 1.1% compared to May 2025.
-
Year-on-year, rental prices in both Mature and Non-Mature Estates increased by 1% and 1.3%, respectively.
-
Year-on-year, rental prices for 3-room, 4-room, 5-room, and Executive flats increased by 1%, 1.4%, 0.8%, and 0.7%, respectively.
2. Rental volumes decreased by 7.7% month-on-month. An estimated 2,595 HDB flats were rented in May 2026, compared to 2,813 in April 2026.
-
Year-on-year, rental volumes remained stable compared to May 2025.
-
Rental volumes were 3.3% lower than the 5-year average for May.
-
In May 2026, 4-room flats made up the largest share of rental volume at 37.8%, followed by 3-room flats at 35.3%, 5-room flats at 22%, and Executive flats at 4.8%.
