Rental volume of HDB flats and private condos crashed in February
The rental volume of private condos in singapore crashed by 20.4% MOM from 4,242 units in January to 3,376 units in February, the singapore real exchange (srx) revealed. On a yearly basis, rental volume was lower by 19.2% than 4,176 units last year. According to preliminary data, rents rose by 1% in February. rents in CCR, OCR and rcr increased by 2.3%, 0.2%, and 0.7% respectively.