Condo, HDB rents climb again in April with 1.3% rise: SRX

The Straits Times2021-05-12

[SINGAPORE] Rents for condominium units and Housing Board flats both increased by 1.3 per cent in April from the previous month, although the number of leasings dipped. As at last month, condo rents ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Wheelock
2021-05-12
Wheelock
Great
Choolin
2021-05-12
Choolin
有房就是好
- JQ62:
  yes
hellojo
2021-05-12
hellojo
Oh no
- WarSlasher:
  nicesoo
张家二少爷
2021-05-12
张家二少爷
Oh no
- hellojo:
  Oo
- hellojoReply张家二少爷:
  Ohhhh
- 张家二少爷:
  ah
Anniechen169
2021-05-12
Anniechen169
Good
- Norico:
  Gd
WilliamTeo
2021-05-12
WilliamTeo
Germaine

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1191266408?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-05-12 17:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1191266408","market":"sg","top_or_hot":-1,"title":"Condo, HDB rents climb again in April with 1.3% rise: SRX","media":"The Straits Times","content":"<div>\n<p>[SINGAPORE] Rents for condominium units and Housing Board flats both increased by 1.3 per cent in April from the previous month, although the number of leasings dipped.\nAs at last month, condo rents ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/real-estate/condo-hdb-rents-climb-again-in-april-with-13-rise-srx\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Condo, HDB rents climb again in April with 1.3% rise: SRX</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCondo, HDB rents climb again in April with 1.3% rise: SRX\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 17:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/real-estate/condo-hdb-rents-climb-again-in-april-with-13-rise-srx><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[SINGAPORE] Rents for condominium units and Housing Board flats both increased by 1.3 per cent in April from the previous month, although the number of leasings dipped.\nAs at last month, condo rents ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/real-estate/condo-hdb-rents-climb-again-in-april-with-13-rise-srx\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.businesstimes.com.sg/real-estate/condo-hdb-rents-climb-again-in-april-with-13-rise-srx","article_id":"1191266408","we_media_id":null,"thumbnails":[],"rights":{"source":null,"url":"https://www.businesstimes.com.sg/real-estate/condo-hdb-rents-climb-again-in-april-with-13-rise-srx","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1191266408","pubTimestamp":1620812300,"sourceInfo":null,"weMediaInfo":null,"summary":"[SINGAPORE] Rents for condominium units and Housing Board flats both increased by 1.3 per cent in Ap","collect":0,"end_time":0,"defaultTopTitle":"businesstimes.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"公寓楼、组屋租金4月再度攀升，涨幅1.3%：SRX","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"[SINGAPORE] Rents for condominium units and Housing Board flats both increased by 1.3 per cent in April from the previous month, although the number of leasings dipped.\nAs at last month, condo rents have risen for four consecutive months, while HDB rents rose for 10 straight months, according to flash data from real estate portal SRX released on Wednesday.\nCondo rents are up 5.2 per cent in April from a year ago, although they are still down 11.9 per cent from their peak in January 2013.\nHDB rents, which are 5.6 per cent higher than a year ago, have hit their highest since July 2016, although they are still 10 per cent down from their peak in August 2013.\nRents in non-mature estates rose by 2 per cent month on month, while those in mature estates edged up by 0.6 per cent. Rents also increased across all room types.\nRental volume for condo apartments dropped by 3.1 per cent in April to an estimated 5,100 units from 5,262 units the month before.\nHowever, rental volumes are 51 per cent higher compared with April last year, when Singapore was in its circuit breaker period. Discounting most of the Covid-19 effect, the number of condo leasings are 13.5 per cent higher than the five-year average for the month of April.\nHDB rental volume in April also saw a drop from March, down 8.8 per cent to an estimated 1,847 flats from 2,026 flats the month before.\nRental volumes are 33.9 per cent higher compared with April last year although they are 6.1 per cent lower than the five-year average volume for the month of April.\nChristine Sun, OrangeTee & Tie's senior vice-president of research and analytics, said rents have been rising as demand for rental units appear to be outstripping supply.\n\"Housing vacancy is low and supply of newly completed homes is limited. Many locals have been renting units in recent months, including HDB upgraders who have sold their flats recently to take advantage of the rapidly rising HDB resale prices,\" said Ms Sun.\nThese HDB upgraders may then rent a unit in the interim while they look for their next permanent home, she said.\nAlthough Covid-19 border restrictions are still largely in place, ERA Realty head of research and consultancy Nicholas Mak said the arrival of some foreigners, such as students, professionals and their dependents, may have caused rental prices to climb.\nHuttons Asia director of research Lee Sze Teck noted that employers in some industries such as technology and manufacturing are hiring again, which has helped to boost condo rental in April - usually a quiet month.\n\"Early economic indicators are pointing to a stronger-than-expected gross domestic product growth for this year,\" he said.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":193786572,"gmtCreate":1620820861196,"gmtModify":1704348876629,"author":{"id":"3573280573695248","authorId":"3573280573695248","name":"Wheelock","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193786572","repostId":1191266408,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":193717135,"gmtCreate":1620819991727,"gmtModify":1704348868013,"author":{"id":"3583444018167875","authorId":"3583444018167875","name":"Choolin","avatar":"https://static.tigerbbs.com/0e8a39fdbe17cf78f06f07b6ae8d4094","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"有房就是好","listText":"有房就是好","text":"有房就是好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/193717135","repostId":1191266408,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4306573,"gmtCreate":1620860084200,"gmtModify":1680788394752,"authorId":3582865570179528,"author":{"id":3582865570179528,"authorId":3582865570179528,"name":"JQ62","avatar":"https://static.tigerbbs.com/da715325270bb26fbcbce63e45f86a81","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":193717135,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"}],"langContent":"CN"},{"id":193792978,"gmtCreate":1620817554294,"gmtModify":1704348836771,"author":{"id":"3579348570026993","authorId":"3579348570026993","name":"hellojo","avatar":"https://static.tigerbbs.com/a01d3a5321c3e239c9873e21529537e7","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":0},"htmlText":"Oh no&nbsp;","listText":"Oh no&nbsp;","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/193792978","repostId":1191266408,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4313350,"gmtCreate":1620898381370,"gmtModify":1680788511498,"authorId":3575195102402470,"author":{"id":3575195102402470,"authorId":3575195102402470,"name":"WarSlasher","avatar":"https://static.tigerbbs.com/0c98b196bb3a5da8bb25c9d45e23a4ce","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":193792978,"type":1,"supId":0,"prevId":0,"content":"nicesoo","text":"nicesoo","html":"nicesoo"}],"langContent":"EN"},{"id":193796521,"gmtCreate":1620817516663,"gmtModify":1704348836285,"author":{"id":"3578640057424295","authorId":"3578640057424295","name":"张家二少爷","avatar":"https://community-static.tradeup.com/news/7a12bca4ab5f122bdf3f13efcca1ec27","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/193796521","repostId":1191266408,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4302709,"gmtCreate":1620817523433,"gmtModify":1680788326237,"authorId":3579348570026993,"author":{"id":3579348570026993,"authorId":3579348570026993,"name":"hellojo","avatar":"https://static.tigerbbs.com/a01d3a5321c3e239c9873e21529537e7","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.95%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":193796521,"type":1,"supId":0,"prevId":0,"content":"<u>Oo</u>","text":"<u>Oo</u>","html":"<u>Oo</u>"},{"id":4302715,"gmtCreate":1620817546185,"gmtModify":1680788325025,"authorId":3579348570026993,"author":{"id":3579348570026993,"authorId":3579348570026993,"name":"hellojo","avatar":"https://static.tigerbbs.com/a01d3a5321c3e239c9873e21529537e7","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.95%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3578640057424295,"repliedAuthor":{"id":3578640057424295,"authorId":3578640057424295,"name":"张家二少爷","avatar":"https://community-static.tradeup.com/news/7a12bca4ab5f122bdf3f13efcca1ec27","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"objectId":193796521,"type":1,"supId":4302709,"prevId":4302712,"content":"<u>Ohhhh</u>","text":"<u>Ohhhh</u>","html":"<u>Ohhhh</u>"},{"id":4302712,"gmtCreate":1620817533606,"gmtModify":1680788324186,"authorId":3578640057424295,"author":{"id":3578640057424295,"authorId":3578640057424295,"name":"张家二少爷","avatar":"https://community-static.tradeup.com/news/7a12bca4ab5f122bdf3f13efcca1ec27","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":193796521,"type":1,"supId":4302709,"prevId":0,"content":"<u>ah</u>","text":"<u>ah</u>","html":"<u>ah</u>"}],"langContent":"EN"},{"id":193704559,"gmtCreate":1620816722471,"gmtModify":1704348827031,"author":{"id":"3582797935139516","authorId":"3582797935139516","name":"Anniechen169","avatar":"https://static.tigerbbs.com/7bec4ffe1feb85552d3a51d33d922b1b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/193704559","repostId":1191266408,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4371073,"gmtCreate":1621380313118,"gmtModify":1680789562502,"authorId":3581669463250045,"author":{"id":3581669463250045,"authorId":3581669463250045,"name":"Norico","avatar":"https://static.tigerbbs.com/a669233a6a5d1170dbe002df845aeb3a","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":193704559,"type":1,"supId":0,"prevId":0,"content":"Gd ","text":"Gd ","html":"Gd "}],"langContent":"EN"},{"id":193706994,"gmtCreate":1620816192218,"gmtModify":1704348822010,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Germaine","listText":"Germaine","text":"Germaine","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193706994","repostId":1191266408,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":37,"commentSize":24,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1191266408"}