Chart of the Day: HDB rental market inches up 1% in June

Mature and non-mature estates rents increased 0.1% and 1.9%, respectively.

This chart from SRX shows that the HDB rental market in Singapore inched up 1% in June 2021 from May the same year, with mature and non-mature estates rents increasing 0.1% and 1.9%, respectively.

Three-room, four-room, and five-room unit rents also increased 0.9%, 0.5%, and 1.5%, respectively, whilst executive rents remained flat. Year-on-year (YoY), overall rents jumped 9.2%.

YoY, mature estates and non-mature estates rents increase 6.6% and 11.8%, respectively.

Also, YoY, all room types record rent increased, with three-room units jumping 8.8%, four-room units by 9.2%, five-room units by 9.8%, and executive rents by 6.2%.

Rents are down 8.3% from the peak in August 2013.

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Housing and Development Board

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HDB rents

Singapore

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