Photo from Unsplash

HDB rents increase by 0.6% MoM in March

Across room types, 5 Room recorded the highest rent increase.

HDB rents rose by 0.6% MoM and 8.2% YoY in March, according to data from 99.co and SRX.

Rents climbed in non-mature estates (+0.7% MoM, +8.9% YoY) and mature estates (+0.6% MoM, 7.5% YoY).

All room types recorded MoM rent increases in March, led by 5 Room (+1.5%), Executives (1.3%), 3 Room (+0.8%), and 4 Room (0.3%).

Rental volumes also rose in March by 9.8% MoM to 2,689 HDB flats. Year-on-year, however, volumes fell by 12.1%.

The latest record was 11.0% lower than the five-year average volume for March.

Of the total volume, 33.6% was from 3 Room, 36.3% from 4 Room, 24.5%  from 5 Room and  5.7%  from Executive.

Follow the links for more news on

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!


ION Orchard marks 15 years as a premier retail destination
The mall is proactive in conducting surveys to identify trends and optimise its tenant mix.
ION Orchard leads charge in sustainable takeaway practices
 Shoppers will enjoy discounts when they opt for a reusable mug or food container from Muuse.