Chart of the Day: HDB rental volume dips 6.5%

But it is still 9.2% higher than the 5-year moving average.

Weakness persisted in the HDB rental market in the past quarter, as this chart from OrangeTee shows.

The overall HDB rental market remains subdued, with negative
median rental growth across most HDB towns.

Transaction volume dipped slightly by 6.5% WoW, but remains 9.2% higher than the 5-year moving average, likely buoyed by falling rents across the board.

The rental volume comprises mostly of 3- and 4-room HDB units.

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