Singapore condo rents dip in September


Rents for private non-landed homes for September dips by 0.4% to 111.7. According to flash data from real estate portal SRX, data shows that private non-landed home rents in September was down from 112.2 to 111.7 as compared to August.

The core central region (CCR) slips to 1.1 per cent; the rest of central region (RCR) fell by 0.2 per cent and the rents in outside central region (OCR) down by 0.1%. 

Year-on-year during the same period, overall condo rents rose 3.2%. However, they are still 16.9 per cent below the peak in January 2013; 1.1 per cent decrease for CCR, 0.2 per cent decrease for RCR and 0.1 per cent decrease for OCR. An estimated of 4,193 units are rented out in September 2019, down 11.9 per cent in September.
 
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*Core Central Region (District 1, 2, 4, 9, 10 and 11)

*Rest of Central Region (District 3, 4, 5, 7, 8, 12, 13, 14, 15, 20)

*Outside Central Region (District 16-19 and District 21-28)
 
singapore-districts

District 1 & 2

Project Name

Marina One Residences

Wallich Residence

The Sail @ Marina Bay

V on Shenton

1-bedroom

$3,630

-

$3,186

$3,660

2-bedroom

$6,050

-

$4,845

$5,200

3-bedroom

-

$8,000

$5,733

-

 

 

 

 

 

 

District 3

Project Name

The Crest

Echelon

Alex Residences

1-bedroom

$3,550

$2,666

-

2-bedroom

$4,800

$3,787

$3,450

3-bedroom

-

$4,100

$4,500

 

 

 

 

 

District 9

Project Name

8 St Thomas

OUE Twin Peaks

Sophia Hills

Rivergate

1-bedroom

-

$3,465

$2,741

-

2-bedroom

-

-

$3,008

$4,985

3-bedroom

$5,790

$7,600

-

$6,811

 

 

 

 

 

 

District 10

Project Name

D’Leedon

Valley Park

Goodwood Grand

Parvis

1-bedroom

$2,870

$2,637

-

-

2-bedroom

$3,845

$3,829

$3,800

$3,600

3-bedroom

$5,271

$5,037

$5,500

$6,750

 

 

 

 

 

 

District 11

Project Name

L’viv

Trilight

Park Infinia at Wee Nam

1-bedroom

$2,800

-

$2,500

2-bedroom

$5,950

$4,750

$4,880

3-bedroom

-

$7,590

$6,371

 

 

 

 

 

District 15

Project Name

SliverSea

The Meyerise

One Amber

1-bedroom

-

-

$2,283

2-bedroom

$3,950

$3,500

$3,800

3-bedroom

$6,190

$5,825

$4,370