Non-landed private rents fall 0.6 per cent in May

SINGAPORE – Non-landed private rents fell 0.6 per cent in May, with a year-on-year decrease of 6 per cent, according to the SRX Property data report.

Rental volume fell by 3 per cent with only 3,337 non-landed private residential units rented in May as compared to 3,439 in April. Year-on-year, rental volume in May 2015 is 6.2 per cent higher than that in May 2014.

Meanwhile the HDB rental market stayed flat in May compared to April.

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