Condo rents hit record in April on CCR gains

CCR and OCR lead gains whilst rental volumes rise 1.6% month on month.

Singapore’s private condominium rents rose to a new record high in April, increasing 0.3% month on month (MoM), according to the 99.co and SRX April rental flash report.

On a year-on-year (YoY) basis, condo rents were up 2% compared with April 2025.

The Central Core Region (CCR) recorded a 1.4% MoM increase, whilst the Outside Central Region (OCR) rose 0.7%. The Rest of Central Region (RCR) fell 0.4% over the same period.

Rental volumes increased 1.6% MoM to an estimated 6,491 units in April 2026, compared with 6,386 units in March.

On a YoY basis, rental volumes were 6.5% higher. They were also 6.8% above the five-year average for April.

By region, OCR accounted for 34.9% of total rental transactions in April, followed by RCR at 33.1% and CCR at 32%.

The April data continued a pattern of rents rising with March data rising 0.4% MoM, where transaction volumes jumped 27.2% to 6,386 units, according to a previous 99.co and SRX flash report.

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