Condo rents inch down 1% in March

Rents in all regions reported declines.

Condo rents in Singapore got cheaper in the past month, down 1% compared to rents in February.

This came as rents in CCR, RCR, and OCR decreased by 1.2%, 1.3%, and 0.7% respectively.

According to SRX Property, rents in March 2017 were down by 3.9% from March 2016. In individual sectors, CCR, RCR, and OCR posted 3.9%, 3.7%, and 4.1% year-on-year declines, respectively.

Compared to the peak in January 2013, rents were down 19.1% in March. 

Photo by William Cho. Grabbed from Wikimedia Commons.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!