Condo rents in Singapore dipped 0.6%

For 4th month in a row.

According to the SRX Property Index (SPI), based on the non-landed residential rental SPI sub-index, overall rental prices for non-landed private residential in May 2013 slipped 0.6% from April, marking a fourth consecutive monthly drop in overall rents.

On a regional basis, rental prices dropped across the board. OCR led this weakening trend by seeing a 1.1% drop, followed by CCR's 0.7%. RCR's rents had the mildest drop of 0.4%.

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