Singapore condo rents recover slightly in July


Rents for private non-landed homes for July increased 0.8%, as compared to the rents in June. According to flash data from real estate portal SRX, data shows that private home rents are higher in July as compared to the rents in June. The Private Rental Index also indicated that it was up from 110.9 to 111.8 in July.

The core central region (CCR) was increased to 1.1 per cent, followed by the rest of central region (RCR) increased by 0.3 per cent and the rents in outside central region (OCR) also increased by 1.0%. 
 
As compared to last year’s rent during the same period, overall rents rose by 2.7 per cent: 4.7 per cent increase for CCR, 1.6 per cent increase for RCR and 2.1 per cent increase for OCR. An estimated 5,408 units are being rented out in July 2019, as compared to 4,785 units rented out in June 2019.
 
Capture

*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)
 
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About Centaline Singapore Property Agency

Centaline Singapore Property Agency provides cross-border consultancy and agency services for overseas and local properties through its Singapore office. As Centaline has built up an extensive network in Mainland China, Hong Kong, Macau, Taiwan and Singapore, Centaline Singapore acts as a bridge between vendors, buyers, landlords, and tenants across these places.

 

District 1 & 2

Project Name

Marina One

Wallich Residence

Marina Bay Suites

V on Shenton

1-bedroom

$3,668

$6,500

-

$3,757

2-bedroom

$6,440

$8,400

-

$5,142

3-bedroom

$8,500

$9,000

$7,033

-

 

 

 

 

 

 

District 3

Project Name

The Crest

Echelon

Alex Residences

1-bedroom

$3,300

$2,800

$2,600

2-bedroom

$3,800

$3,707

$3,600

3-bedroom

$5,000

$4,283

$5,700

 

 

 

 

 

District 9

Project Name

8 St Thomas

OUE Twin Peaks

Sophia Hills

Rivergate

1-bedroom

$3,500

$3,252

$2,688

-

2-bedroom

-

$6,600

$3,250

$5,340

3-bedroom

-

$7,850

$4,780

$6,730

 

 

 

 

 

 

District 10

Project Name

D’Leedon

Gramercy Park

Goodwood Grand

Parvis

1-bedroom

$3,042

-

-

-

2-bedroom

$3,817

$6,416

$3,900

$4,800

3-bedroom

$5,186

-

$5,100

$6,400

 

 

 

 

 

 

District 11

Project Name

L’viv

Trilight

Lincoln Suites

1-bedroom

$3,166

-

$2,950

2-bedroom

$4,925

$4,985

$4,950

3-bedroom

-

$7,475

$5,733

 

 

 

 

 

District 15

Project Name

SliverSea

The Meyerise

One Amber

1-bedroom

-

-

$2,425

2-bedroom

$4,333

$3,433

$3,333

3-bedroom

$6,533

$4,721

$4,200