142 views
Photo by Milin John via Unsplash

Condo rents hit record in April on CCR gains

CCR and OCR lead gains whilst rental volumes rise 1.6% month on month.

Singapore’s private condominium rents rose to a new record high in April, increasing 0.3% month on month (MoM), according to the 99.co and SRX April rental flash report.

On a year-on-year (YoY) basis, condo rents were up 2% compared with April 2025.

The Central Core Region (CCR) recorded a 1.4% MoM increase, whilst the Outside Central Region (OCR) rose 0.7%. The Rest of Central Region (RCR) fell 0.4% over the same period.

Rental volumes increased 1.6% MoM to an estimated 6,491 units in April 2026, compared with 6,386 units in March.

On a YoY basis, rental volumes were 6.5% higher. They were also 6.8% above the five-year average for April.

By region, OCR accounted for 34.9% of total rental transactions in April, followed by RCR at 33.1% and CCR at 32%.

The April data continued a pattern of rents rising with March data rising 0.4% MoM, where transaction volumes jumped 27.2% to 6,386 units, according to a previous 99.co and SRX flash report.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.