14-01-2014, 09:19 AM
Rental is one of the key supports for property price...
Private condo rentals fall to 2-year low: SRX
SINGAPORE — Rents for non-landed private housing in Singapore continued to slide last month to their lowest level in two years, and landlords may find it increasingly difficult to secure tenants, with more supply entering the market in the coming months, analysts said.
Rents for condominiums fell 1.3 per cent last month, the fifth straight monthly decline, to their lowest level since December 2011, a preliminary report by the Singapore Real Estate Exchange (SRX) showed yesterday. Rents have fallen 5.5 per cent from the January peak, the data showed.
...
http://www.todayonline.com/business/priv...ar-low-srx
Private condo rentals fall to 2-year low: SRX
SINGAPORE — Rents for non-landed private housing in Singapore continued to slide last month to their lowest level in two years, and landlords may find it increasingly difficult to secure tenants, with more supply entering the market in the coming months, analysts said.
Rents for condominiums fell 1.3 per cent last month, the fifth straight monthly decline, to their lowest level since December 2011, a preliminary report by the Singapore Real Estate Exchange (SRX) showed yesterday. Rents have fallen 5.5 per cent from the January peak, the data showed.
...
http://www.todayonline.com/business/priv...ar-low-srx