Luxury on a bargain: Core Central Region private condo rental prices drop 2.5% in June

Overall rental prices also slipped.

The Core Central Region’s luxurious condos are steadily becoming cheaper. The CCR was the main driver in the decline of private condo rental prices in June.

According to the Singapore Real Estate Exchange’s Private Resdiential Flash Report, rental prices in the CCR recorded a 2.5% drop, followed by a 1.1% price fall in Outside Central Region (OCR).

However, rental prices in Rest of Central Region (RCR) bucked the trends as it increased by 1.3%.

“Based on the non-landed private residential rental SPI sub-index, overall rental prices in June slipped by 0.8% compared to May. Compared to the peak rental price observed in January 2013, rental prices in June are down by 6.5%,” noted the report.

The SRX also noted that rental volume was up 2.2%, with an estimated 3,151 whole units were rented in June, a 2.2% increase from May's 3,084 rental transactions. On a year-on-year basis, rental volume improved by 18.6% from the 2,657 rental contracts signed in last year's June.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia