Private condo rents drop for 10th consecutive month in November

Rental volume slipped 11%.

Private condominium rents fell for the tenth consecutive month in November, after it posted a 5.3% year-on-year drop on back of lower rental volume.

According to the SRX Property Price Index for Non-landed Private Residential Rentals, rents posted a drop of 0.8% on a month-on-month basis. Rents fell for units in all three sectors--the CCR saw a 0.3% drop, the RCR recorded a 0.7% decline while the OCR posted the largest month-on-month decline at 1.2%.

Rents have declined 5.7% since the start of the year. Rents in November are 9.4% down compared with its peak in January 2013.

An estimated 2,892 private condos were rented in November, representing an 11% decrease from 3,251 units rented in October. Year-on-year, rental volume in November 2014 is 9.8% higher compared to 2,633 units rented in November 2013.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. 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