Chart of the Day: Singapore leasing market posts fresh record in August

Leasing volume rose 6% MoM to 5,006 leases, a historical high.

According to Savills Research & Consultancy,  the number of leasing transactions rose 6% m-o-m for both non-landed and landed homes, showing that demand was equally strong for both segments.

 For the first eight months of this year, the total transactions reached 32,938 units, 6% y-o-y higher.

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