HDB rents rise 3.2% MoM in September

By room type, 5 Room saw the highest rent increase.

HDB rents rose by 3.2% MoM and 24.7% YoY in September.

Data from 99.co and SRX showed that rents climbed in both the mature and non-mature estates, and across all room types.

For mature and non-mature estates, rents increase by 3.3% MoM and 3.1% MoM, respectively.

By room type, the increases were 4.4% MoM for 3 Room, 1.2% MoM for 4 Room, 4.8% MoM for 5 Room, 3.3% for Executive.

Volumes likewise rose in September, increasing 0.3% MoM to 1,809 HDB flats.

The volume was also 5.1% higher than the same period last year and 0.9% above the five-year average volume for September.

Of the total volume, 32.0% were from 3 Room, 39.9% from 4 Room, 23.4% from 5 Room and 4.8% from Executive.

Follow the link for more news on

99.co

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