HDB rents rise by 0.5% MoM in June

Across room types, only 5 Room recorded a rent drop.

HDB rents rose by 0.5% MoM and 5.5% YoY in June, according to 99.co and SRX.

Rents increased in mature estates (1.2% MoM) but decreased in non-mature estates (0.2% MoM)

On a year-on-year comparison, rents increased for non-mature estates (5.2%) and mature estates (5.7%).

Most room types recorded MoM rent increases in June, except 5 Room, which recorded a 0.6% decrease.

3 Room, 4 Room and Executive rents rose by 1.2%, 0.1% and 1.6%, respectively.

Rental volumes grew in June, increasing by 2.7 MoM to 2,629 HDB flats. YoY, however, volumes fell by 13.5%.

The latest record was also 12.4% lower than the five-year average volume for June.

Of the total volume, 33.9% was from 3 Room, 37.2% from 4 Room, 23.5% from 5 Room and 5.5% from Executive.

Follow the link s for more news on

99.co

SRX

HDB rents

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.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia