Outside Central leads condo rental volume at 36.1% share in May

Singapore condo rentals fell to 5,853 units as all three regions posted price losses.

Outside Central Region (OCR) dominated condominium rental activity in May 2026, accounting for 36.1% of total volume, according to 99.co and SRX.

The Rest of Central Region (RCR) followed at 33.5%, whilst the Core Central Region (CCR) accounted for 30.4%.

Overall rental volumes fell 9.8% month on month to 5,853 units from 6,492 in April, as prices slipped 0.6% across all regions.

OCR recorded the steepest price decline at 1%, followed by RCR at 0.6% and CCR at 0.4%.

Year on year, overall prices rose 1.9% compared with May 2025, with CCR posting the strongest annual gain at 2.8%, ahead of OCR at 1.4% and RCR at 0.9%.

Total volumes were 4.2% higher than a year earlier and 7.4% above the five-year average for May.

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